Samsung may invest in $100M round for medical imaging startup Exo

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Samsung’s venture investment unit is looking to invest in California-based medical device startup, Exo, in a round that could climb to $100 million, Bloomberg reported, citing anonymous sources.

The round is being led by Sands Capital, Bold Capital, and Qubit Health Capital, the report said, adding that Qubit’s chairman, Omar Ishrak, would join Exo’s board.

Founded in 2015, Exo makes handheld medical imaging devices that use a combination of artificial intelligence, medical imaging, and silicon technology for ultrasound examinations…



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Samsung may invest in $100M round for medical imaging startup Exo


Samsung’s venture investment unit is looking to invest in California-based medical device startup, Exo, in a round that could climb to $100 million, Bloomberg reported, citing anonymous sources.

The round is being led by Sands Capital, Bold Capital, and Qubit Health Capital, the report said, adding that Qubit’s chairman, Omar Ishrak, would join Exo’s board.

Founded in 2015, Exo makes handheld medical imaging devices that use a combination of artificial intelligence, medical imaging, and silicon technology for ultrasound examinations…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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