Lumen Raises $62M for Handheld Device to Measure Metabolic Health
Summary
One of the things were most excited about is enabling people to take care of the engine of the body, which is our metabolism, said Daniel Tal, CEO and Co-Founder of Lumen. Traditionally, this process was only available in hospitals and clinics via a 45-minute expensive lab test.Lumen connects with health data platforms including Apple Healthkit, Google Fit and Garmin. To further scale this area, six months ago, the company appointed a new CTO, Eliran Fallah, a former tech executive at Microsoft, Google and Waze with vast experience in the field.Since inception, Lumen has been committed to investing in clinical research related to its communitys most pressing health problems. Over the past year, the company has conducted research studies in several health fields with top academic institutions, including Purdue Universitys Whistler Center for Carbohydrate Research, University of Torontos Faculty of Kinesiology and Physical Education and ARU Cambridge.In October 2022, a study done in collaboration with the endocrinology department at the Tel Aviv Sourasky Medical Center was published in the Obesity Facts journal. Over 12 weeks prediabetic participants measured their metabolism using the Lumen device and followed its nutrition and lifestyle guidance which resulted in lower Hb1c levels, an average weight loss of 13 lbs.