US startup raises $15mn for in-body sensor smaller than sand grain
US biotech startup iota Biosciences has raised $15 million in its Series A round of funding to produce in-body sensors "smaller than a grain of sand". The sensors, called 'neural dust', emerged from microelectrode research at the University of California and transmit the collected data wirelessly from inside the body. The startup was founded by Jose Carmena and Michel Maharbiz.