Kontakt.io, an analytics company focusing on the inpatient healthcare journey, announced it secured $47.5 million in a Series C funding round led by Growth Equity at Goldman Sachs Asset Management (Goldman Sachs).
Christian Resch, partner at Goldman Sachs, will join the company's board of directors.
WHAT IT DOES
Kontakt.io uses AI and real-time Internet of Things (IoT) to garner insights into...
South Korean medical AI company Lunit has recently secured deals with hospitals in Europe, where the medical device market – the second largest after the North American market – is worth $155 billion.
It won the contract to supply a lung disease screening solution to TeleDiag, the largest teleradiology group in France.
Lunit was also chosen to provide a mammography analysis solution to the...
Medical AI startup AITRICS has recently raised 27.1 billion won ($20.1 million) in a Series B funding round. The funding event drew the participation of both existing and new investors, including Premier Partners, BNH Investment, BSK Investment, Bonum Investment, DS Investment & Securities, Ulmers Investment, HB Investment, Shinyoung Securities, and HRZ.
This adds to the 3.5 billion ($2.6...
Japanese IT and electronics company NEC Corporation and Tokyo Medical and Dental University have developed an AI-based technology to support individuals possibly dealing with chronic lower back pain by automatically estimating its causes.
HOW IT WORKS
Firstly, the digital tool automatically estimates the human skeletal pose structure from an image taken with a smart device. It utilises 2D/3D...
Funding worth A$6.5 million ($4 million) has been awarded to four genomics-focused research projects led by researchers from the University of Melbourne.
These include a project that will establish a patient dataset of inherited retinal diseases; a rapid multi-omic liquid biopsy blood test using whole genome sequencing; research using next-generation sequencing to develop new solutions to...
Johnson & Johnson MedTech has partnered with Silicon Valley giant NVIDIA to advance the integration of artificial intelligence in surgical procedures.
The collaboration aims to enhance real-time analysis and broaden the use of AI algorithms in surgical decision-making, education and collaboration within operating rooms across J&J MedTech’s digital surgery ecosystem.
Through a memorandum...
Hong Kong-based Centre for Artificial Intelligence and Robotics (CAIR) under the Chinese Academy of Sciences (CAS), one of China's national research institutes, has developed a large language model-based chatbot to assist doctors in making medical diagnoses and treatments.
HOW IT WORKS
The chatbot, CARES Copilot 1.0, is built based on Meta's Llama 2 LLM. Trained using 100 GPUs from Huawei and...
Global Fund taps VinBrain for Vietnam's National TB Screening
Bill Gates' The Global Fund has chosen health tech company VinBrain to support the National Tuberculosis Prevention Campaign in Vietnam by supplying its AI technology.
Under a commercial agreement, VinBrain will transfer 32 AI-related licenses of its technology to the government-initiated programme, assisting in the screening of about...
Foundation Health, a San Francisco-based healthcare technology company, announced the closure of a $6 million seed funding round.
The investment seeks to slingshot the company into a period of growth backed by investors such as Garry Tan, CEO of Y Combinator, Transpose Platform, Tuesday VC, Alt Capital, Box Group, Liquid Ventures, Exceptional Capital, Calm/Storm Ventures and PageOne Ventures. ...
The health technology segment in India, which comprises about 10,000 startups, is projected to triple in value by 2028 as investors shift their focus towards businesses that can withstand economic disruptions.
A new report by global management consultant Bain & Company, in collaboration with Indian healthcare-focused venture fund HealthQuad, delved into the local healthcare innovation market...
