Abbott Ventures
Abbott Ventures, established in 2004 and located in Lake County, Illinois, serves as the corporate venture capital arm of Abbott. The firm concentrates on investing in emerging medical technology companies with the potential for long-term strategic growth. Abbott Ventures primarily targets companies at various stages of development, with a strong emphasis on those involved in medical devices, drug/device combinations, diagnostics, and innovative drug delivery technologies. By focusing on these areas, Abbott Ventures aims to foster advancements that align with its overarching mission in the healthcare sector.
Bigfoot Biomedical
Series B in 2018
Bigfoot Biomedical, Inc. is a medical device company focused on transforming diabetes care for individuals with Type 1 Diabetes. Established in 2014 and based in Milpitas, California, the company specializes in developing an integrated diabetes management system that features cloud connectivity and human-centered automation. This system optimizes insulin dosing and delivery through a combination of automated infusion pumps and connected insulin pen options. Bigfoot Biomedical's innovative approach employs machine learning and user-friendly technologies to alleviate the cognitive, emotional, and financial burdens associated with insulin-requiring diabetes. By offering a comprehensive digital drug delivery platform through a unique monthly subscription service model, the company aims to enhance the quality of life for patients managing their diabetes.
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