New Zealand startup Alimetry raises $18M for AI-powered wearable device to monitor gut health.

New Zealand startup Alimetry has secured $18 million in funding to advance its AI-powered wearable device for gut health monitoring. The device, which has received FDA clearance and a CPT III reimbursement code, analyzes electrical currents from the skin during digestion, providing clinicians with data-driven insights for diagnosing gut disorders. Since its 2022 release, it has been adopted by over 40 hospitals globally, aiming to improve diagnostic efficiency and treatment.

October 28, 2024
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