Capillary Biomedical Gets $1.5M For Insulin Infusion
socalTECH
OCTOBER 7, 2020
Irvine-based Capillary Biomedical , a startup focused on develping new insulin pump technology, said on Wednesday afternoon that it has raised $1.5M in loan funding. The company said the funding came in the form of a loan from The Leona M. and Harry B. Helmsley Charitable Trust (Helmsley). According to the company, the new funds will go towards clinical studies of its technology, to evaluate the potential for extended-wear of insulin infusion sets by people with Type 1 diabetes for 7 days and be
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