LAXMI THERAPEUTIC DEVICES, INC.
Painless, wireless microneedle-based continuous glucose monitoring (CGM) device with magnetic actuation for transdermal fluid sampling
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Updated · laxmitherapeuticdevices.com
- Sector
- Medtech
- Headquarters
- GOLETA, CA
- Founded
- 2016
- Latest Form D
- $5M, Aug 2024
- Total capital
- $43.5M
- Federal grants
- $160K
- 1 award · 2018
- Rank in peer group#514 of 542
- Private capital raised
- $43.3M
- 9 Form D · last Aug 2024
- 27 months since last filing
- Federal contracts
- None on recordNo federal contract awards found.
- Granted patents
- 6
- 34 pending · first 2022
- Rank in peer group#33 of 542
Capital timeline
Latest events
- Private capital raisedForm D · SEC · 9th filing$5M
- Private capital raisedForm D · SEC · 8th filing$5M
- Private capital raisedForm D · SEC · 7th filing$9M
- Private capital raisedForm D · SEC · 6th filing$13.2M
- Private capital raisedForm D · SEC · 5th filing$3.6M
- Private capital raisedForm D · SEC · 4th filing$6M
- Federal grantHealth and Human S · Phase I · Microneedle-Based Miniaturized Continuous Glucose Monitor for Long Term, Factory Calibrated, Painless Sensing$160K
- Offering registeredForm D · SEC · 3rd filing$2.5M
- Private capital raisedForm D · SEC · 2nd filing$1.5M
- Private capital raisedForm D · SEC · 1st filing$620
Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.
Standing among 542 peers
Line = medianMedtech · Device
- Federal grantsBelow median
- Granted patents#33 · top 6%
Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.
Founders and team
From SEC Form D filings- Bill Van AntwerpDirectorNamed in SEC Form D filings
- Bill Van AntweryDirectorNamed in SEC Form D filings
- Greg SnelsonExecutive OfficerNamed in SEC Form D filings
- John GerngrossDirectorNamed in SEC Form D filings
- Luke TheogarajanExecutive Officer, DirectorNamed in SEC Form D filings
- Matthew BergerDirectorNamed in SEC Form D filings
Show all 12 people
- Peter RuleExecutive Officer, DirectorNamed in SEC Form D filings
- Rachael SchererDirectorNamed in SEC Form D filings
- Radhika KrishmanDirectorNamed in SEC Form D filings
- Radhika KrishnanDirectorNamed in SEC Form D filings
- Richard LowDirectorNamed in SEC Form D filings
- Sumita PennathurExecutive Officer, DirectorNamed in SEC Form D filings
What it has protected
USPTO · 6 granted of 40- PendingAnalyte Sensor Members With Delayed Sensor ActivationUSPTOApplication 19355054
- PendingAnalyte Sensors With Modified CalibrationUSPTOApplication 19355076
- GrantedSensor CannulaUSPTOUS 12,558,479
Show all 40 patent records
- Analyte Sensor Members With Delayed Sensor ActivationApr 16, 2026 · Application 19355054Pending
- Analyte Sensors With Modified CalibrationApr 16, 2026 · Application 19355076Pending
- Sensor CannulaFeb 24, 2026 · US 12,558,479Granted
- Electrode Arrangements For Analyte MonitorsFeb 5, 2026 · Application 19288661Pending
- Detection Of Signal Variations Due To Pressure On Analyte SensorFeb 5, 2026 · Application 19288372Pending
- Dermal Sensor Insertion And RetentionJan 8, 2026 · Application 19258180Pending
- Small-scale Analyte SensorsJan 8, 2026 · Application 19258209Pending
- Dermal Sensor For Determining Analyte ConcentrationsNov 27, 2025 · Application 19205598Pending
- System And Method To Automatically Activate Analyte MonitorsJul 17, 2025 · Application 19025478Pending
- System And Method For Wireless Transmission Of Glucose DataJun 12, 2025 · Application 18536176Pending
- Dermal Sensor For Determining Analyte ConcentrationsMay 13, 2025 · US 12,295,749Granted
- Method For Spatially Constraining Enzyme ActivityMay 8, 2025 · Application 18940377Pending
- Applicators For Glucose Monitors, Methods For Applying Glucose Monitors, And Glucose Monitors For Use With Such ApplicatorsDec 24, 2024 · US 12,171,551Granted
- Applicators For Glucose Monitors And Methods For Applying Glucose MonitorsDec 5, 2024 · Application 18731076Pending
- Personalized Calibration For Glucose SensingOct 1, 2024 · US 12,102,429Granted
- System And Method For Processing Glucose DataDec 28, 2023 · Application 18151396Pending
- Needles For Measurement Of Body Fluid Analytes Such As GlucoseAug 24, 2023 · Application 18140157Pending
- Needles For Measurement Of Body Fluid Analytes Such As GlucoseMay 2, 2023 · US 11,638,539Granted
- Photochemical-based Method For Enzyme Immobilization On Biosensor ElectrodesDec 15, 2022 · Application 17348465Pending
- Needle Sensor And Method Of Manufacturing The SameSep 1, 2022 · Application 17186605Pending
- Electrochemical Method For Enzyme Immobilization On Biosensor ElectrodesJun 14, 2022 · US 11,359,300Granted
- Electrochemical Detection Systems And Components ThereofJun 6, 2019 · Application 16209649Pending
- Sensor CannulaApplication 63592067Pending
- Applicators for Glucose MonitorsApplication 63505938Pending
- Personalized Calibration For Glucose SensingApplication PCTUS2023010249Pending
- Applicators for Glucose MonitorsApplication 63425975Pending
- System And Method For Processing Glucose DataApplication 63354659Pending
- Electrochemical Method For Enzyme Immobilization On Biosensor ElectrodesApplication PCTUS2022017955Pending
- Needle Sensor And Method Of Manufacturing The SameApplication PCTUS2022017954Pending
- Personalized Calibration For Glucose SensingApplication 63297581Pending
- Electrochemical Detection Systems And Components ThereofApplication PCTUS2018063866Pending
- Needles For Measurement Of Body Fluid Analytes Such As GlucoseApplication 62774505Pending
- Electrochemical Detection Systems And Components ThereofApplication 62758259Pending
- Electrochemical Detection Systems And Components ThereofApplication 62594197Pending
- Analyte Sensor Members With Delayed Sensor ActivationApplication PCTUS2025050456Pending
- Analyte Sensors With Modified CalibrationApplication PCTUS2025050458Pending
- Electrode Arrangements For Analyte MonitorsApplication PCTUS2025040348Pending
- Detection Of Signal Variations Due To Pressure On Analyte SensorApplication PCTUS2025040312Pending
- Small-scale Analyte SensorsApplication PCTUS2025036304Pending
- Dermal Sensor Insertion And RetentionApplication PCTUS2025036311Pending
Related companies, and why
- Transverse Medical Inc.Similar federal contract value in Medtech · null in contracts
- ZXEREX CORPORATIONSimilar federal contract value in Medtech · null in contracts
- BIODATA CONSORTIUM, LLCSimilar federal contract value in Medtech · null in contracts
- REVO Oncology Diagnostics Inc.Similar federal contract value in Medtech · null in contracts
- LensGen, Inc.Similar federal contract value in Medtech · null in contracts
- WISC MED, LLCSimilar federal contract value in Medtech · null in contracts
Regulatory activity · Medtech
- New Animal Drugs; Approval of New Animal Drug Applications; Withdrawal of Approval of New Animal Drug Application; Change of SponsorFood and Drug Administration
- Medical Devices; General and Plastic Surgery Devices; Classification of the Skin Patch for Treatment of HyperhidrosisFood and Drug Administration
- Medical Devices; Anesthesiology Devices; Classification of the Monitor for Opioid Induced Impairment of OxygenationFood and Drug Administration
- Medical Devices; Orthopedic Devices; Classification of the Medial Knee Implanted Shock AbsorberFood and Drug Administration
- Medical Devices; Neurological Devices; Classification of the External Lower Extremity Nerve Stimulator for Restless Legs SyndromeFood and Drug Administration
- Medical Devices; General Hospital and Personal Use Devices; Classification of the Infant Supine Sleep SystemFood and Drug Administration
Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.
Sources
Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.
How to read this page
Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.
Data freshness
SEC Form D filings through . SBIR and STTR awards through .