Alyve Health to enhance AI with $6M Series A funding
Alyve Health, an Indian startup offering personalised digital health plans for corporates, has raked in $5.5 million in a Series A funding round led by Axilor Ventures. The round was also participated by 1Crowd Fund, InHealth Ventures, and Trifecta Capital.
Founded in 2020, the startup offers tailored comprehensive health plans, ranging from...
Cloudphysician, a provider of ICU technology solutions in India, has scored $10.5 million in a funding round led by Peak XV Partners.
The round was also joined by Panthera Peak and Elevar Equity – from which it also raised $4 million in Series A funding in 2021.
WHAT IT DOES
Established in 2017, the startup offers a smart ICU and emergency department system called RADAR.
It features four AI-...
South Korea OKs new stroke prediction AI software
South Korea's Ministry of Food and Drug Safety has recently approved an AI-based software for predicting the onset of ischemic stroke or cerebral infarction.
The NNS-SOT software, developed by researchers from Asan Medical Center and Nunaps, provides an estimated time of onset of cerebral infarction in brain MRI images. It is based on AI that was...
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...
AI-driven dermatology platform Cureskin has netted $20 million in a Series B funding round led by HealthQuad. The round was also participated by JSW Ventures, Khosla Ventures, and Sharrp Ventures.
"These funds will help further enhance our AI capabilities, accelerate our growth, and expand solution offerings," said co-founder and CEO Guna Kakulapati in a statement.
Cureskin previously raised $5...
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...
Indian medical imaging AI company InMed AI has released a new AI-powered tool for screening traumatic brain injuries (TBI).
The Neuroshield CT TBI is a decision support tool for detecting and quantifying intracranial haemorrhage, fracture, and midline shift. Utilising AI, it automatically processes brain CT images and alerts clinicians of critical findings.
Commenting on the technology, Dr...
India-based healthcare and life sciences technology provider and consultant CitiusTech has claimed to come up with what could be the industry's first generative AI quality and trust solution.
Based on a press statement, the CitiusTech Gen AI Quality & Trust solution aims to help with the design, development, integration, monitoring of, and facilitating quality and trust in genAI applications...
Rural-focused e-clinics chain CureBay scored another Rs 620 million ($7.5 million) in funding as part of a Series A round led by Elevar Equity. This comes on top of the first $6 million it raised in 2022.
According to their press release, the additional funds will be used to invest in their membership programme by hiring over 200 data scientists and experts in pharmacy and diagnostics. It will...
Samsung to integrate Lunit's AI in premium X-ray devices
South Korean medical AI provider Lunit has signed a three-year supply contract with Samsung Electronics.
The deal is for the integration of Lunit's two chest X-ray AI solutions – Lunit INSIGHT CXR and Lunit INSIGHT CXR Triage – into Samsung's line of premium X-ray devices.
According to a press release, the AI-integrated X-ray devices will...
