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BioWorld - Tuesday, April 28, 2026
Home » Topics » Diagnostics » Artificial intelligence

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Lifelight prepares to raise funds in wake of contactless monitoring product success

Dec. 10, 2021
By Nuala Moran
LONDON – Lifelight Ltd. is preparing for a new funding round in the first quarter of 2022 after making significant headway with its contactless technology for monitoring vital signs, as push came to shove during the pandemic and remote patient monitoring became a necessity.
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Wireframe hands, coins

Suki captures $55M in series C round

Dec. 7, 2021
By Annette Boyle
Suki AI Inc. recorded $55 million in a series C fundraising round to support further development of its artificial intelligence (AI)-driven voice technology and digital clinical assistant for health care providers. The round was led by March Capital with participation by Philips Ventures. All previous investors in the company also returned, including Gaingels Group, Pankaj Patel (former chief development officer of Cisco), Andrew Deutsch (CEO of RIMA Radiology), and Russell Farscht (former managing director of The Carlyle Group).
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Dan Forche headshot

Preludedx’s DCISionrt further validated in randomized breast cancer study

Dec. 7, 2021
By Meg Bryant
Prelude Corp. (dba Preludedx) reported positive results from the SweDCIS randomized trial showing its DCISionrt test predicts radiation benefit for lowering 10-year local invasive breast cancer risk. The prognostic, artificial intelligence (AI)-based tool assesses and predicts the benefit of radiotherapy for women with ductal carcinoma in situ (DCIS) following breast-conserving surgery (BCS).
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Man wearing Ophthalmic Sciences' VR headset

Ophthalmic Sciences eyes 2023 for launch of AI device for glaucoma

Dec. 6, 2021
By Catherine Longworth
Israeli startup Ophthalmic Sciences Ltd. is targeting 2023 for regulatory clearance of its artificial intelligence (AI)-based contactless intraocular pressure (IOP) measuring device, IO Perfect. The technology, which combines AI visual analysis in a virtual reality headset, enables remote monitoring of glaucoma. The device is designed to be used at home, in eye clinics, emergency room departments, pharmacies and primary physician settings.
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AI company Harrison.ai raises AU$129M in one of Australia’s largest series B rounds

Dec. 3, 2021
By Tamra Sami
PERTH, Australia – Health care artificial intelligence (AI) company Harrison.ai has raised AU$129 million (US$97 million) in a series B round that will expand the company’s global footprint by commercializing its comprehensive clinical AI applications.
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Skeletal system

Medimaps seals $20M investment for AI bone imaging portfolio

Dec. 3, 2021
By Catherine Longworth
Medimaps Group SA has landed $20 million to expand its portfolio of bone health imaging software. The round was led by Swisscanto Invest, the asset management arm of the Zürcher Kantonalbank group, with participation from the Swiss Entrepreneurs Fund, Swisscom Ventures, and Verve Ventures. The company’s flagship product TBS (trabecular bone score) Insight is an artificial intelligence-powered medical software which provides information on bone quality from routine DXA and X-ray images.
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Cancer cells under magnifying glass

Canada approves Koios’s AI-driven, breast cancer ultrasound software

Dec. 1, 2021
By David Godkin
TORONTO – Koios Medical Inc. has received Health Canada approval for its DS Smart Ultrasound decision support software, which the company said accurately interprets breast ultrasound examinations. Company CEO Chad McClennan told BioWorld greater accuracy will provide early cancer detection rates, while reducing costly false positives and unnecessary biopsies.
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Artrya co-founders pose with bell, ASX backdrop

Artrya lists on ASX in AU$40M IPO to advance coronary artery disease AI software

Nov. 30, 2021
By Tamra Sami
PERTH, Australia – Medtech newcomer Artrya Ltd. listed on the Australian Securities Exchange (ASX) in an AU$40 million (US$28.6 million) initial public offering to commercialize its software that analyzes heart computed tomography (CT) scans via artificial intelligence (AI) to better diagnose coronary artery disease.
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Gold wireframe handshake

GE Healthcare signs AI-focused cancer technology collaborations

Nov. 30, 2021
By Catherine Longworth
GE Healthcare Ltd. is expanding its cancer technology capabilities through new alliances with artificial intelligence (AI) companies and researchers. The company said it is teaming up with U.K.-based Optellum Ltd. to advance lung cancer diagnostics, as well as collaborating with the University of Cambridge to develop an AI application that integrates cancer patient data from multiple sources into a single interface.
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Illustration of Won currency, graph, up arrows

Lunit raises $61M, prepares for South Korean listing

Nov. 29, 2021
By Gina Lee
Lunit Inc. has raised $61 million in a fundraising round, getting it closer to its planned list on South Korea’s Kosdaq. “We will use these funds as working capital to research and develop artificial intelligence (AI) products, as well as developing our global market,” a Lunit spokesperson told BioWorld. Seoul, South Korea-based Lunit secured new investors for this round, including U.S. life science investors Healthquest Capital, Casdin Capital LLC, and The American Cancer Society’s Brightedge fund. Asia Pacific-based global health care investors included Tybourne Capital Management Ltd. and NSG Ventures Pte. Ltd.
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