Orange Biomed, a healthcare startup founded in 2021, is making strides in diabetes management technology with its cutting-edge innovations. Positioned within the Health Care and Medical Devices industries, the company operates out of the United States.
Currently, Orange Biomed is advancing its research on the OBM rapid A1c at Seoul Asan Medical Center, South Korea’s largest hospital. This strategic collaboration is significant, as the hospital is backed by the Hyundai group, a major South Korean conglomerate that emphasizes healthcare initiatives.
The company attracted a KRW1.00B seed round investment on January 10, 2023, led by Intops Investment. This financial backing underscores investor confidence in Orange Biomed's potential to innovate and lead in the sector of diabetes treatment and management.