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Health tech startup Zedsen scores $12M in Series B funding


Piggy bank (Photo by Kwanchai Lerttanapunyaporn EyeEm Getty Images)
UK health tech startup Zedsen has announced a $12M (£8.7M) Series B round of funding at a $110 valuation.
The London-based firm makes non-invasive sensors which use key biological signals from consumers’ bloodstreams to provide personalised health insights. 
Investors include Joseph R Grano, former chairperson and CEO of UBS Financial Services Inc, Nasser Kazeminy, founder of NJK Holding and chairperson of the Ellis Island Honor Society (EIHS), Tony Rice, former CEO of Cable and Wireless, Bonnie Mcalveen Hunter, chairperson of the Red Cross and Jim Harpel, investor at Palm Beach Capital.
Zedson also announced that Caroline Hargrove, formerly of Babylon Health and McLaren Applied Tech, has joined the firm as chief technology officer (CTO).  ....

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UK Health Tech Company Zedsen Closes $12M Series B, and Expands Executive Team with New Appointment of Dr. Caroline Hargrove as CTO


UK Health Tech Company Zedsen Closes $12M Series B, and Expands Executive Team with New Appointment of Dr. Caroline Hargrove as CTO
LONDON, April 6, 2021 /PRNewswire/
Zedsen, a UK health tech company with a revolutionary non-invasive technology that helps consumers understand their health based on data coming from their bloodstream, today announced a $12 million Series B investment at a $110 million valuation, while also appointing Dr. Caroline Hargrove, former CTO of Babylon Health, as Chief Technology Officer.
The investors include: Joseph R. Grano, former Chairman and CEO of UBS Financial Services Inc; Nasser Kazeminy, Investor, Founder of NJK Holding and Chairman of the Ellis Island Honor Society (EIHS); Tony Rice, Former CEO of Cable and Wireless; Bonnie Mcalveen Hunter, Chairperson of the Red Cross; and Jim Harpel, Investor at Palm Beach Capital. ....

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Blood sensing start-up Zedsen hits $110m valuation after US investment


The technology could replace more inconvenient blood glucose sensors
A UK technology start-up that uses electrical fields to read blood sugar levels has been valued at $110m (£80m) by US investors as it plans to start selling a wearable device to consumers next year.
London-based Zedsen said it had secured $12m in funding from a group of high net-worth investors including Nasser Kazeminy, a multimillionaire businessman, and Robert Priddy, a low-cost-airline mogul.
The company, which is chaired by the former BAE Systems President Sir Charles Masefield, has also poached Caroline Hargrove, the chief technology officer of British health-tech company Babylon. ....

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