Element Science, a San Francisco startup developing a wearable personal defibrillator, brought in $145.6 million in Series C funding earlier this month. Led by Deerfield Healthcare and Qiming Venture Partners USA, the raise also included new backers Cormorant Asset Management and Invus Opportunities, as well as prior supporters Third Rock Ventures and Google Ventures.
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A connected sensor patch developed by Northwestern University engineers and the Shirley Ryan AbilityLab, a research hospital in Chicago, could allow clinicians to better monitor stroke patients as they recover at home.
The sensor is comprised of stretchable electronic technology that is both comfortable for patients to wear and accurate enough for use during rehabilitation, according to...
Research firm Tractica predicts that worldwide unit shipments of clinical and non-clinical connected wearable patches will grow to 12.3 million per year by 2020. Last year, annual shipments were just 67,000. The market for such connected patches, Tractica predicts, will hit $3.3 billion per year.
Tractica describes the category as including "patches, tattoos, or small devices that are affixed to...
