Sava Technologies raises $36M in Series B led by Ascensia to develop glucose sensor technology eliminating fingerstick testing.
Amount Raised
$36 Million
Round Type
Series B
LondonBiotechnologyHealth CareInvestors
Description
Sava Technologies, a London-based medical device company, has secured $36 million in Series B funding led by Ascensia Diabetes Care, bringing total funding to $68 million. The capital will support development of a microsensor designed to eliminate the need for fingerstick glucose tests, with Ascensia partnering to commercialize and distribute the product in Europe. Founded in 2019 by bioengineers Renato Circi and Rafaël Michali, Sava aims to secure regulatory approval for insulin dosing without fingerstick checks within 18-24 months. The company's microsensors are approximately ten times smaller than conventional continuous glucose monitors, reducing skin disruption.
Who else raised in Biotechnology and Health Care around the same time
Companies in the same sectors as Sava Technologies that raised within 45 days of this round, from Fundz verified event records.
- Lifeplex Science raised $5.3M (Series A) on November 13, 2026.
- Orakl Oncology raised $34M (Series A) on November 12, 2026.
- Skribe Medical raised $1.6M (Pre-Seed) on November 12, 2026.
- BioWraptor raised $1.5M (Pre-Seed) on November 12, 2026.
- Neurosterix raised $105M (Series B) on November 11, 2026.
- Kardi Ai raised $5.9M (Series A) on November 11, 2026.
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