Funding: $7 million venture capital seed raise

  • Post category:A30 - Lumia

Boston-based wearable health company Lumia has raised $7 million from J2 Ventures, BonAngels Venture Partners, and angel investors to commercialize Lumia 2, its new generation of smart earrings that monitor blood flow in real time. With an additional $5.1 million in government contracts and grants, the company’s total funding has reached $17.2 million. The Lumia 2 earrings, available in gold, silver, and clear finishes, weigh less than one gram and can be worn as huggie hoops, cuffs, or studs. The device uses SwitchBack technology to attach to standard push-back earrings, while the cuff version can be worn without a piercing. Each smart earring includes sleep, temperature, menstrual cycle, and readiness tracking alongside continuous blood flow measurement. “This is what comes after smart rings,” said Daniel Lee, co-founder and CEO of Lumia. “Just as Oura made…

Continue ReadingFunding: $7 million venture capital seed raise

Oral Presentation: American Speech Language Hearing Association Conference – 2025

SLPs on the Line: Engaging Patients in Cognitive Rehabilitation via Telephone: Moneta Health has developed a telephone-based telepractice model to deliver cognitive rehabilitation therapy (CR) to older adults with cognitive impairment. This model was designed to address common barriers to accessing quality care through traditional in-clinic and telehealth services. With Moneta, patients receive telephone sessions delivered by speech-language pathologists (SLPs), and sessions delivered by an AI-powered automated agent. These automated sessions contain personalized, interactive cognitive activities designed and selected by an SLP. An analysis of over 100 patients who completed the program shows high engagement, compliance and satisfaction, supporting the use of digital and audio-only delivery to promote a positive patient experience. In this paper, we provide an overview of the patient experience with Moneta, and review engagement and satisfaction metrics. Source: https://plan.core-apps.com/asha2025/event/28734884ce4484665e296583a03904a0

Continue ReadingOral Presentation: American Speech Language Hearing Association Conference – 2025

Award: Best Demo Audience Choice Award at IEEE BSN 2025

The team of Colin Barry, Tatsuo Kumamoto, Edward Wang, and Lina Battikha won the Audience Choice Award for Best Demo at the IEEE-EMBS International Conference on Body Sensor Networks – Computational Medicine: Expanding Health through Sensing and AI held from November 3-5, 2025 for their demo entitled, "Oscillometric Smartphone Blood Pressure Demo." Source: LinkedIn Post

Continue ReadingAward: Best Demo Audience Choice Award at IEEE BSN 2025

Funding: $4.5M seed round raised

Seed round raised from existing investors (True Ventures, BKR Capital, Centre for Aging and Brain Health Innovation, Health2047 and others) - $4.5M to date. Securing of MassAITC pilot funding helped in due diligence with investors for their seed round, and thus was critical to closing their funding including with Health2047, venture arm of the American Medical Association and with other early stage investors. Source: businesswire

Continue ReadingFunding: $4.5M seed round raised

Strategic Partnership: Moneta Health partners with Benefis Health System

"We are excited to partner with Moneta to make personalized, evidence-based cognitive rehabilitation the standard of care for our patients and families. Montana is vast and has the sixth oldest population in the nation. Moneta’s proven program is an accessible approach to proactive brain health for our aging demographic." Dr. Greg Tierney, President of System Clinical Operations at Benefis Health System. LAS VEGAS--(BUSINESS WIRE)--Moneta Health, a brain health company pioneering cognitive rehabilitation therapy through AI-powered delivery, today announced a $4.5 million funding round and a new partnership with Benefis Health System to expand access to cognitive care in neurology deserts. The company has signed a multi-year partnership with Benefis Health System in Montana and secured investment from venture capital firms including True Ventures and Health2047, the American Medical Association’s venture studio, to support its mission…

Continue ReadingStrategic Partnership: Moneta Health partners with Benefis Health System

Grant Funding: SB1AG090151-01A1 – Improving Mental Health and Social Connectivity for Older Adults through Virtual Reality-Based Social Interventions

The MassAITC funded pilot project was the first to shift the use-case of the Rendever VR into the home setting. This grant furthers the push into the home by Rendever as a commercially viable solution to enable older adults aging at home to be more socially connected with their peers.This Commercial Readiness Pilot project builds on the success of their Phase I pilot study and Phase II STTR clinical trial by extending Rendever's virtual reality (VR) platform to enhance social connectivity among older adults who are aging in place, a majority of the aging population that Rendever is not yet serving. Older adults living at home will be connected with those living in senior living communities, where Rendever is already successfully implemented, through shared VR experiences. This project contributes to public health by testing the…

Continue ReadingGrant Funding: SB1AG090151-01A1 – Improving Mental Health and Social Connectivity for Older Adults through Virtual Reality-Based Social Interventions