Tech giant Apple has reportedly acquired Tueo Health, a Redwood City-based digital health startup for monitoring asthma in sleeping pediatric patients. Reported by CNBC, the acquisition is aimed at bolstering the tech giant’s intellectual property in the healthcare space as it continues to roll out more health-oriented features in its hardware products.
According to a report, around 10 percent of children between 5-17 years of age, or over7 million U.S. kids alone, suffer from asthma-related issues. However, Tueo Health, founded in 2015, has built a solution that can alert parents or care providers regarding potential asthma-related issues in sleeping children to assist better manage asthma in children. The company’s solution combines features include a non-contact, under-the-mattress sensor which passively measures key physiologic parameters while a child is sleeping. Moreover, Apple, as per the report, will refurbish its Health app with hearing health and menstrual cycle tracking in its iOS 13 update that will be announced at the company’s Worldwide Developers Conference in June.
Back in 2017, Tueo Health had clinched a USD 1.1 million in a seed funding round which was led by Launchpad Digital Health. As part of the acquisition, Apple has purchased the Tueo Health’s core technology that year and later the entire company. However, the financial details of the acquisition were not disclosed.