March 25, 2021
South Korean medical AI company made its debut on KOSDAQ, a trading board of Korea Exchange, for an IPO of 37.8 billion won ($33.6 million) by issuing 1.8 million shares.
WHY IT MATTERS
The company had accumulated an operating deficit of 7 billion won ($6.2 million) by the third quarter of 2020, and the funds will be a much needed injection of cash. Vuno plans to invest in research and...
September 16, 2020
Israeli "digital X-ray" company Nanox is fielding increased scrutiny and a sizable hit to its share prices following the publication of a scathing report and commentary that referred to the company as "Theranos 2.0."
The criticism was posted yesterday by activist short seller Andrew Left's Citron Research, an online stock analysis and commentary blog that has focused on identifying overpriced or...
August 3, 2020
Israeli "digital X-ray" startup Nanox filed a Form F-1 with the SEC on Friday that outlines plans to raise $125 million in an IPO.
The company has applied to list its shares on the Nasdaq exchange as "NNOX," and according to a representative has entered its quiet period prior to the IPO.
Nanox, which has raised $110 million from investors since November 2019, is building a two-part offering...
July 28, 2020
Israeli "digital X-ray" startup Nanox has secured another $59 million from unnamed "global investors."
The company now pegs its round total at $110 million, after combining today's news with investments announced since November of 2019. Contributors to those incremental raises included Foxconn, Fujifilm and SK Telecom.
WHAT IT DOES
The Israeli company is developing a two-pronged offering...
April 23, 2020
Mumbai-based healthcare AI startup Qure.ai announced that it has deployed its advanced diagnostic software at Bolton NHS Foundation Trust, UK. The tool automates the interpretation of COVID-19 proliferation from chest X-rays, making it easier for healthcare professionals to monitor the extent and rate of progression of the viral infection.
Bolton NHS Foundation Trust provides patient care at...
February 27, 2020
Mumbai-based healthcare AI startup Qure.ai announced that has raised $16 million in funding led by Sequoia India and was supported by MassMutual Ventures Southeast Asia. The fresh funds will be used for geographical expansion, product portfolio expansion and to support regulatory clearances.
Qure.ai was founded in 2016 by co-founders Prashant Warier (who is also CEO) and Pooja Rao (who is also R...
January 23, 2020
Nanox, the maker of a so-called “digital X-ray device” and an accompanying software platform, has raised $26 million in a new round of funding, bringing its total to roughly $55 million. The company highlighted the participation of its newest strategic investor Foxconn, as well as the support of previous backers such as Fujifilm and SK Telecom.
WHAT THEY DO
The Israeli company is developing a two...
June 7, 2018
Kibbutz Shefayim Israel-based deep learning startup Zebra Medical Vision has just closed a $30 million Series C funding round led by aMoon and Aurum Ventures with participation from Johnson & Johnson Innovation JJDC and Intermountain Healthcare.
“Medical experts worldwide are facing a critical challenge in handling overwhelming demand. We are excited to partner with the Zebra team, which is...
May 2, 2018
Cerebrovasular imaging company iSchemaView has received the FDA nod for its latest product the RAPID CTA, a 3D imaging platform for computed tomogrpahy angiography (CTA).
“Our goal is to provide healthcare professionals around the world with the most comprehensive and intuitive suite of imaging solutions possible,” Don Listwin, CEO of iSchemaView, said in a statement. “With new FDA approval and...
April 26, 2018
This morning healthcare AI company Qure.ai announced the launch of its new AI technology which can identify bleeds, fractures, and other critical abnormalities in the head CT scans.
“Qure.ai’s new head CT scan technology rapidly screens scans in under 10 seconds to detect, localize, and quantify abnormalities, as well as assess their severity,” Prashant Warier, cofounder and CEO of Qure.ai, said...