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BioWorld - Saturday, April 11, 2026
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Home » Better Therapeutics adds $50M in push to advance digital therapies for type 2 diabetes
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Better Therapeutics adds $50M in push to advance digital therapies for type 2 diabetes

Aug. 25, 2021
By Mark McCarty
Better Therapeutics Inc. has closed on a $50 million debt facility that advances the company’s push into the market for digital therapeutics for type 2 diabetes, a market that seems poised to expand drastically in the next few years. The $50 million debt facility by Hercules Capital is just one of several important financial benchmarks for Better, which is also planning to go public thanks to a merger with a special purpose acquisition company (SPAC) that may raise well in excess of $100 million, all of which seem to promise a bright future for Better and those with type 2 diabetes.
Deals and M&A Financings Medical technology Digital health Diabetes

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