Profusa

Profusa

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Private Company

Total funding raised: $83M

Overview

Profusa is pioneering a novel class of continuous monitoring biosensors designed to overcome the fundamental biological challenge of foreign body rejection. Its core technology is an injectable hydrogel microsensor, smaller than a grain of rice, which integrates with tissue and functions for up to 9+ months, enabling long-term, calibration-free monitoring of oxygen, glucose, and other analytes. Backed by over $100M in investment, including significant non-dilutive funding from DARPA and the NIH, and protected by 85 global patents, the company is advancing its Lumee™ Oxygen platform toward a CE Mark target in 2026. Profusa's integrated system combines the sensor with a reusable optical reader and an AI-driven data platform, positioning it to address massive markets in diabetes care, wound management, and remote patient monitoring.

DiabetesCritical Limb IschemiaWound Care

Technology Platform

Injectable, biocompatible hydrogel microsensor platform for long-term, continuous monitoring of body chemistry (e.g., oxygen, glucose). The system includes a passive sensor, a reusable optical reader, and an AI-driven data analytics platform.

Funding History

3
Total raised:$83M
Series C$45M
Series B$25M
Series A$13M

Opportunities

Profusa addresses massive markets, including the $10.5B tissue oximetry market and the global diabetes epidemic affecting over 500M people.
Its low-cost, long-duration sensor platform could enable expansion into cost-sensitive markets and the vast prediabetes population.
The AI data platform creates an additional high-margin revenue stream from clinical insights and analytics.

Risk Factors

Key risks include regulatory delays or failures in obtaining CE Mark/FDA approval, challenges in achieving commercial adoption and reimbursement against established competitors, and technical hurdles in scaling manufacturing of the complex hydrogel sensors while ensuring long-term reliability and biocompatibility.

Competitive Landscape

In CGM, Profusa faces entrenched giants like Dexcom and Abbott, competing on longer sensor life and lower cost. In tissue oxygen monitoring, it competes with established oximetry devices. Its key differentiator is the biocompatible hydrogel that avoids foreign body response, enabling unprecedented longevity, which is a significant technological advantage if proven at scale.