Medella Health, the company whose founding team includes a Thiel Fellow and is racing Google and Novartis to develop a glucose-sensing contact lens, has raised $1.4 million in funding. Backers include 1517 Fund, Fifty Years Fund, Garage Capital, BDC Capital and others.
Not too much is known yet about Medella's lens. The company says it will integrate a small sensor, a chip, and a micro-antenna...
