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§ Private Profile · Grenoble, Rhone-Alpes, France
Medical device company developing AI-based automated insulin delivery systems for Type 1 diabetes patients, improving clinical outcomes.
Founded in 2015 by Dr. Guillaume Charpentier and Erik Huneker, Grenoble-based Diabeloop develops artificial intelligence automated insulin delivery systems that integrate with insulin pumps to personalize Type 1 diabetes treatment. The company's self-learning algorithms, such as the DBLG1, automate therapy adjustments to reduce the mental burden of constant glucose monitoring for patients. Operating with approximately 50 employees, the medical device manufacturer has raised over €59.5 million in total venture funding, including a €15 million financing round secured in March 2024. To distribute its technology across European markets such as Germany and the Netherlands, the firm forms commercial partnerships with major device makers and healthcare providers, including Roche, Dexcom, and SOOIL. Backed by institutional investors such as Supernova Invest and CEA-Leti, the enterprise recently became the only algorithm accessible on both traditional and patch insulin pumps in Europe.
Diabeloop has raised $109.3M across 3 funding rounds.
Diabeloop has raised $109.3M in total across 3 funding rounds.
Diabeloop has raised $109.3M across 3 funding rounds. Most recently, it raised $16.2M Other Equity in April 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 4, 2024 | $16.2M Venture Round | — | — | Announced |
| Jun 2, 2022 | $74.8M Series C | Valery Huot | Agir A Dom., Cemag Invest, Ceritd, Crédit Agricole, Innovacom, Kreaxi, Odyss Venture, Promontoires, Supernova Invest, Hikaru Samejima, UI Investissement | Announced |
| Nov 5, 2019 | $18.3M Grant | AIR Liquide Venture Capital, Crédit Agricole, Kreaxi, Sofimac Partners | Horizon 2020 | Announced |
Diabeloop has raised $109.3M in total across 3 funding rounds.
Diabeloop's investors include Valery Huot, AGIR A DOM., Cemag Invest, CERITD, Crédit Agricole, Innovacom, Kreaxi, Odyss Venture, Promontoires, Supernova Invest, Hikaru Samejima, UI Investissement.