MobiHealth News December 2, 2022
The startup said it plans to use funds to expand its reach in the U.S. and globally, add nutrition recommendation capabilities and support research partnerships.
Lumen, maker of a handheld metabolism measurement device, announced Thursday it had scooped up $62 million in Series B funding.
The round was led by Pitango Venture Capital with participation from Hanwha Group, Resolute Ventures, RiverPark Ventures, Unorthodox Ventures, Almeda Capital and Disruptive VC.
The company previously raised $8.5 million in 2019 as well as a crowdfunding raise in 2018.
WHAT THEY DO
The startup offers a handheld, breathalyzer-like device equipped with a CO2 sensor. Users breathe into the device, and it analyzes whether the body is burning fats or carbs for fuel....
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