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afontechnology.com

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About Afon Technology

Afon Technology is a company in the U.K that focuses on commercializing a portable, non-invasive blood glucose monitor.

Afon Technology Headquarter Location

Unit 670 Castlegate Business Park Caldicot

Monmouthshire, Wales, NP26 5AD,

United Kingdom

01291 442 100

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Expert Collections containing Afon Technology

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Afon Technology in 1 Expert Collection, including Diabetes.

D

Diabetes

1,750 items

Latest Afon Technology News

Images released of wearable non-invasive blood glucose sensor

Jun 29, 2021

With more than 463 million people worldwide believed to have diabetes, the Afon Technology blood glucose sensor is designed to be compatible with your chosen smart watch, phone or tablet. The sensor sits on the inside of your wrist and uses Bluetooth technology to send real-time information to a companion app which will display your blood glucose trends and alert you to high or low glucose levels as well as personal health trends. Afon Technology’s CEO Sabih Chaudhry said: “Our taskforce of experts are world-class and together we are delighted to share plans for this life-changing device for people with diabetes. Without using needles, the pain-free Afon device will simply sit on the inside of your wrist and communicate vital information via Blutooth to your chosen smart device. “Diabetes can be incredibly limiting to someone’s life, but we believe we’ve created a device which will provide the wonderful feeling of freedom all wrapped up in a watch on the wrist.”  The Afon device will measure blood glucose levels without the need to penetrate the skin at all, making it easier to manage the condition and therefore reducing the risk of diabetes-related complications such as heart attack, stroke, blindness, kidney failure and limb amputations. Preliminary clinical research gives developers hope that such a device could become a reality in the near future. Professor de Vries, medical director at Profil, the diabetes research organisation in Germany, who specialises in internal medicine and endocrinology and is a principal investigator at the University of Amsterdam's Faculty of Medicine (AMC-UvA), said: “We evaluated the Afon device under both hyper-and hypoglycaemic conditions during the clinical trials and we were surprised and excited by the possibilities of this technology.” With no replaceable parts it could be cheaper than other current diabetes technologies available on the market which rely on replacement patches and needles. It is hoped the device, which is set to undergo another round of clinical trials, will be available to purchase from the end of next year.

Afon Technology Acquisitions

1 Acquisition

Afon Technology acquired 1 company. Their latest acquisition was Orsus Medical on April 23, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/23/2019

$99M

Asset Sale

1

Date

4/23/2019

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Asset Sale

Sources

1

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