Exo, a Redwood City, Ca.-based maker of a handheld medical imaging device, raised $40m in Series B funding.
The round was led by Fiscus Ventures, Reimagined Ventures and Action Potential Ventures.
The company intends to use the funds to expand operations and its development efforts.
Led by Sandeep Akkaraju, Co-Founder and Chief Executive Officer, Exo is advancing a high-performance handheld ultrasound platform and AI for imaging and therapeutic applications. The company is committed to delivering medical imaging to healthcare professionals around the world to make real-time decisions that improve patient outcomes.
Read more about the technology here.