3 fundraisers in one year: The developer of the "CT of the CT" raises another $ 59 million
Oshri Elkelsi 14:00 No startup and venture capital comments
The company, which wants to deploy thousands of mobile CT devices worldwide by 2023, has completed a $ 110 million fundraiser from last December. To date, Nanox has raised $ 137 million
Source: Nanox
The Israeli imaging startup Nanox, which has developed a small and powerful CT device, announces today (Tuesday) the completion of another round of funding - the third in number since the beginning of the year - of $ 59 million. The investment consists of $ 26 million from an initiative fund and $ 33 million from private investors. The company's total fundraising from December 2019 stands at $ 110 million - $ 51 million raised in two rounds and investments from private investors and the last round - when the completion of the fundraising was delayed according to the company due to the corona crisis.
On the way to 13 countries
In the last eight years, the Israeli company Nanox has developed an X-ray medical imaging device (CT) called Nanox.ARC that will cost only ten thousand dollars - a small part of the price of a new standard device that can cost us between one million and 3 million dollars. In addition, the dimensions of the Nanox device are significantly smaller than existing X-ray and CT devices and it weighs 200 kilograms, in contrast to the existing imaging devices on the market that can reach up to 5 tons.
The Nanox scanner is part of a comprehensive solution based on cloud technology, which will provide a complete medical imaging service that includes an extensive database for image storage, review and real-time radiological decoding, while connecting to artificial intelligence and payment systems. In other words, alongside the development of the hardware product, the company also offers software in the format of SaaS - which customers will pay for per use, depending on the amount of scans and analyzes of the photographs they need.
Bannox says it has signed ARC deployment agreements, along with artificial intelligence-based diagnostic services, in 13 countries around the world. Polyakin said in a conversation with Giktiim that among the countries with which the agreement was signed are the United States, Australia, Norway, South Korea, Russia, Brazil and Vietnam. In addition, the company has a signed collaboration with Hadassah Hospitals in Israel.
All the updates are waiting for you on the Giktiim telegram channel
All the updates are waiting for you on Giktiim's telegram channel. To join our telegram channel, click here
Speaking to us ahead of the company's previous round of recruitment, Polyakin said he expects to place 15,000 of the company's systems worldwide by 2023. In addition, Polyakin said the company requests approvals from regulatory bodies such as the US Food and Drug Administration (FDA) and expects to receive approvals in the first quarter of 2021 Polyakin referred to the recruitment and said: “We strive to change the world of medicine. We have a solid and clear vision and it is to eradicate cancer and other terminal diseases through early detection. ”
Nanox was founded in 2011 by Japanese soybean maker and serial entrepreneur Ran Polyakin, who founded PowerMat and heads a development center focusing on medical technologies he established in Neve Ilan, from where the company's development center operates. The company says that the recruitment round will be used by the company for mass production of the ARC, and its deployment around the world and in places where there is no access to medical imaging. To date, the company has raised $ 137 million.
https://www.geektime.co.il/nanox-raises-59m/
Oshri Elkelsi 14:00 No startup and venture capital comments
The company, which wants to deploy thousands of mobile CT devices worldwide by 2023, has completed a $ 110 million fundraiser from last December. To date, Nanox has raised $ 137 million
Source: Nanox
The Israeli imaging startup Nanox, which has developed a small and powerful CT device, announces today (Tuesday) the completion of another round of funding - the third in number since the beginning of the year - of $ 59 million. The investment consists of $ 26 million from an initiative fund and $ 33 million from private investors. The company's total fundraising from December 2019 stands at $ 110 million - $ 51 million raised in two rounds and investments from private investors and the last round - when the completion of the fundraising was delayed according to the company due to the corona crisis.
On the way to 13 countries
In the last eight years, the Israeli company Nanox has developed an X-ray medical imaging device (CT) called Nanox.ARC that will cost only ten thousand dollars - a small part of the price of a new standard device that can cost us between one million and 3 million dollars. In addition, the dimensions of the Nanox device are significantly smaller than existing X-ray and CT devices and it weighs 200 kilograms, in contrast to the existing imaging devices on the market that can reach up to 5 tons.
The Nanox scanner is part of a comprehensive solution based on cloud technology, which will provide a complete medical imaging service that includes an extensive database for image storage, review and real-time radiological decoding, while connecting to artificial intelligence and payment systems. In other words, alongside the development of the hardware product, the company also offers software in the format of SaaS - which customers will pay for per use, depending on the amount of scans and analyzes of the photographs they need.
Bannox says it has signed ARC deployment agreements, along with artificial intelligence-based diagnostic services, in 13 countries around the world. Polyakin said in a conversation with Giktiim that among the countries with which the agreement was signed are the United States, Australia, Norway, South Korea, Russia, Brazil and Vietnam. In addition, the company has a signed collaboration with Hadassah Hospitals in Israel.
All the updates are waiting for you on the Giktiim telegram channel
All the updates are waiting for you on Giktiim's telegram channel. To join our telegram channel, click here
Speaking to us ahead of the company's previous round of recruitment, Polyakin said he expects to place 15,000 of the company's systems worldwide by 2023. In addition, Polyakin said the company requests approvals from regulatory bodies such as the US Food and Drug Administration (FDA) and expects to receive approvals in the first quarter of 2021 Polyakin referred to the recruitment and said: “We strive to change the world of medicine. We have a solid and clear vision and it is to eradicate cancer and other terminal diseases through early detection. ”
Nanox was founded in 2011 by Japanese soybean maker and serial entrepreneur Ran Polyakin, who founded PowerMat and heads a development center focusing on medical technologies he established in Neve Ilan, from where the company's development center operates. The company says that the recruitment round will be used by the company for mass production of the ARC, and its deployment around the world and in places where there is no access to medical imaging. To date, the company has raised $ 137 million.
https://www.geektime.co.il/nanox-raises-59m/
