We are thrilled to announce our $60M Series A+ financing led by Korean In-Vitro Diagnostics company, Osang Healthcare Co., Ltd (OSANG LLC, OSANG Healthcare US (OHC)). The funding will expedite our clinical work and regulatory approval filings to bring to market our smart biosensor technology for connected digital health platforms.
Osang brings world-class excellence as a high-volume diagnostics manufacturer, as well as global reach, and we are thrilled to be partnering with them to scale our technology for commercialization. Our mutual strengths greatly complement one another, but equally important is the terrific working relationship we have developed together. The teams are off to a fantastic start, and we look forward to delivering our shared mission together. Incredible thanks to Osang Chairman Dong-Hyun Lee (donghyun lee), Osang LLC CEO, Dan Lee (Dan Lee), and Osang’s Head of their International Business Division, James Woo (Jeong Suk Woo), for believing in our vision and sharing this journey with us. Thankfully, they overlooked my greatly overrated golf game.
But no journey starts in the present, and we wouldn’t be here without some incredible investors and friends along the way who believed in us, supported us, and mentored us as we grew as a company and as individuals. Adam Lin (Adam Lin) and iSeed Ventures (iSeed Ventures, LLC), your mentorship and friendship has been invaluable, and I think any entrepreneur would be lucky to have you in their corner. You were amazing through this funding process. Laurenz Simbruner (Laurenz Simbruner), Lukas Püspök (Lukas Püspök), and David Aigner (David Aigner) of PUSH Ventures and PÜSPÖK Investment – this round would not have been possible without your support, insights, and leadership. And, of course, our co-founder Frank Westermann (Frank Westermann), fellow entrepreneur, great friend, and start-up whisperer, who is always there for us and helps to make sure we course-correct as needed along the way. This journey would not have been possible without you and the SweetFund team.
Special thanks to those who’ve supported us along the way, Wen Chen and the team at Yonghua Capital, and your ability to always find the strategic resources we need, Jonathan Teklu (Jonathan Teklu) and Danchen Zhao (Danchen Zhao, CFA), two of the best strategic minds I’ve had the pleasure to share ideas with and amazing supporters of us crazy entrepreneurs.
There are countless others to thank, and the list is long, but no list is complete without thanking the people who are with us every day on this journey – the incredible team at Allez Health (Allez Health) who are passionate, creative, tough, and all-in on our mission to make biosensor data more affordable, and our close family and friends who ride this roller coaster with us every day.
Stay tuned, there’s a lot more of this story to come! THANK YOU!
Thanks,
Leif (Leif Bowman), Bob (Bob Boock), and Ted (Ted Zhang)
