Nano-X Imaging Raises $26M in Funding

Nano-X Imaging

Nano-X Imaging LTD, a Neve Ilan, Israel โ€” based medical imaging technology company, secured $26M in funding.

Strategic investor Foxconn is joining Fujifilm, SK Telecom, and other private investors.

The company, which has raised $55M in total funding to date, intends to use the funds for development, commercialization, and deployment of its Nanox System.

Led by Ran Poliakine, Founder & CEO, Nanox is advancing: – The Nanox System, composed of the Nanox.Arc, a novel digital X-ray device, and – the Nanox.Cloud, a companion cloud-based software that will be designed to provide an end-to-end medical imaging service, that is expected to include image repository, radiologist matching, online and offline diagnostics review and annotation, connectivity to diagnostic assistive artificial intelligence systems, billing, and reporting.

Once regulatory approval is obtained, the company plans to penetrate the global market by deploying its Nanox System in collaboration with governments, hospitals and clinic chains. The company will offer its Nanox.Arc under a pay-per-scan business model. The Nanox.Cloud is being designed to provide an end-to-end medical imaging service, that covers AI analysis and more.

FinSMEs

16/01/2020

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