Virta
The company plans to use the new money to expand.
The company plans to continue to focus on the metabolic health space.
Also: RDMD names Spark Capital's Nabeel Hyatt to the board of directors, Unite US announces next COO.
The new funding was led by Caffeinated Capital with participation from Venrock, Obvious Ventures, Creandum, Playground Global and SciFi VC.
Patients with Type 2 diabetes enrolled in a joint pilot run by the U.S. Department of Veterans Affairs and Virta dropped on average 5% of their body weight.