Features

Medical device company buys Israel nutritional startup

Medtronic, a mainstay in the industry of medical devices, has purchased Israeli nutrition startup Nutrino Health.

The Israel-based company that is now seven years old uses customized analytics for foods to provide health strategies for clients and patients. Nutrino has raised north of $10 million for FoodPrint, a new platform that gives people a customized plan for tackling nutrition goals.

“The Nutrino team is passionate about personalized nutrition data services and technologies. Our work in the diabetes space is helping to address the needs of a growing population that needs better tools and guidance,” Yael Glassman, CEO of Nutrino Health, said in a statement. “We are excited to now focus completely on the intersection of nutrition and diabetes to help more people be able to better manage their condition.”

Medtronic has worked together in the past with Nutrino as the two have collaborated on diabetes prevention through smart apps.

“Bringing Nutrino and their nutrition-related expertise into our organization will give us a substantial differentiator in the diabetes industry and accelerate our progress to help people with diabetes live with greater freedom and better health,” said Medtronic’s Hooman Hakami in a statement. “The Nutrino team has been an outstanding partner over the past few years. We are excited to welcome them to our team, and I have no doubt that, together, we will make a profound impact on the lives of people with diabetes.”

Michael Krumholtz

Michael is a journalist living in Medellín, Colombia.

Recent Posts

Bloomberg’s first General Counsel Karl Kilb named Judge at Parallel18’s upcoming cohort

Bloomberg's first General Counsel Karl Kilb was named this week a Judge at Parallel18's upcoming…

1 day ago

Venture capitalist Semyon Dukach named to Horasis Advisory Board

International think-tank Horasis announced this week the newest member of its Advisory Board, venture capitalist…

1 day ago

Nobody Studios: The fund incubating new markets with fresh approach to venture building 

Last month closed off with some welcome positives for the startup community. For one, Crunchbase reported…

2 days ago

Horasis China Meeting boost for innovation and investment in Vietnam

This past month Horasis China Meeting 2024, with the theme “Vietnam and China drive ahead”,…

5 days ago

Enterprise Spotlight: 10Pearls, the software experts helping to drive the next generation of fintech

The 2008 financial crisis was one of the toughest economic periods in recent history. However,…

1 week ago

This company is using AI to solve vehicle fleet managers’ biggest challenges

2023 was one of the most challenging years in recent memory for the trucking industry.…

1 week ago