Nanox

By Dave Muoio 03:35 pm 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...
By Dave Muoio 12:19 pm 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...
By Dave Muoio 11:41 am 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...
By Laura Lovett 03:17 pm June 4, 2020
This morning, Nanox, a startup working on a “digital X-ray system,” landed an additional $20 million in new funding, bringing the company’s total funding to $80 million. The new infusion of cash came from South Korean company SK Telcom.  This comes just months after the Israeli company announced a $26 million raise led by Foxconn.  This new investment also comes with a partnership agreement...
By Dave Muoio 12:04 pm 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...