Goleta, CA – According to filings with the U.S. Securities and Exchange Commission, Laxmi Therapeutic Devices is raising $8,999,998.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Sumita Pennathur played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Laxmi Therapeutic Devices
Laxmi started in 2016 with an idea and a mission to improve the quality of life of people living with diabetes and to build unique, life changing, high quality products to enable better management of individuals health. Our team is a tight knit and devoted group of engineers and scientists working to deliver our product to market.

To learn more about Laxmi Therapeutic Devices, visit http://laxmitherapeuticdevices.com/

Contact:
Sumita Pennathur, Chief Executive Officer
415-773-4151
sumita@laxmitherapeuticdevices.com

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