30-11-2021
Olive Diagnostics Begins Product Launch, Regulatory Approval
Tel-Aviv, November 30th, 2021

Olive Diagnostics, an eHealth Ventures portfolio company, is on the cusp of receiving regulatory approval and beginning product launch for their game-changing technology, the world’s first optical sensor for passive urinalysis in real-time.

Urinalysis is one of the most frequently employed tools for the diagnosis and monitoring of a wide range of medical conditions. Unfortunately, the accessibility of urinalysis is limited to either lab testing or a variety of inaccurate, unsanitary, and inconvenient home methods.

Increasing the accessibility and affordability of home-based urinalysis diagnostics is essential to healthcare digitization. When people can self-monitor for disease prevention and early detection with comfort and accuracy from their own home, healthcare and outcomes improve, leading to healthier populations.

Olive Diagnostics has developed the world’s first passive and non-invasive urinalysis sensor that is able to provide real-time health alerts, early detection, and progression of diseases in a convenient home setting.

The Olive KG, Olive Diagnostics’ primary device, can easily attach to any toilet and analyze the urine stream through a combination of advanced spectroscopy sensors + AI capabilities to detect a number of markers present in the urine that can indicate a patient’s health status. The device enables continuous monitoring and easy detection of biomarkers from the body, and can be used for both self and remote monitoring. The scientific innovation combined with the ease of at-home monitoring empowers patients to better understand and manage their health and wellbeing.

Olive Diagnostics expects the first market introduction of the Olive KG in Q1 of 2022, to European elder care facilities and women’s health clinics.

Olive Diagnostics has gained backing from several high-profile investors such as e-Health Ventures and Maccabi Foundation (the private investment arm of Israel’s premiere healthcare giant Maccabi Healthcare Services). They are currently in a financing round, and have recently secured additional investments funds to support their post-Seed stage R&D of their products.

About eHealth Ventures:

eHealth Ventures is a multinational consortium of world-class medical organizations, industry leaders, and seasoned financial investors. Partners include Maccabi – Israel’s leading HMO, the Israeli Innovation Authority (IIA), Amgen – a global biotechnology leader, Medison Pharma – a leading Israeli pharmaceutical company and SCI – a major Chinese VC fund. eHV is focused on Digital Diagnostics and Home Care, has reviewed over 1200 projects and invested in 14 innovative companies.

For additional information contact: info@ehv.health


For additional information on Olive Diagnostics:

Guy Goldman, CEO Olive Diagnostics guy.goldman@olive.earth
Danny Brill, VP Operations Olive Diagnostics danny.brill@olive.earth
NEWS
We move fast and push our companies to move faster.
Timing is everything - we get it.
For all news items
eHealth Ventures by Numbers:
15
Portfolio Companies
1400
Companies Reviewed
 
 
115
Years of experience for 4 principles
 
7
X
Fair Value Appreciation on Portfolio
Partners & Collaborators