Neurophet Secures $15M Sequence C Funding, Publicizes 2024 IPO
South Korean firm Neurophet, a supplier of mind picture evaluation software program, raised 20 billion gained ($15 million) in a Sequence C funding spherical that included institutional traders together with reminiscent of KB Securities, Mirae Asset Securities and IBK Industrial Financial institution of Korea.
This brings its complete investments since its founding in 2016 to 50 billion gained ($39 million).
Neurophet has developed software program that may routinely analyze PET and MRI scans to detect Alzheimer’s illness biomarkers, together with amyloid beta and tau. The Neurophet SCALE PET may monitor amyloid-related imaging abnormalities, or ARIA, seen in sufferers present process anti-amyloid beta immunotherapies.
Together with anticipation of extra anti-amyloid beta immunotherapies coming to market, Neurophet plans to introduce complete Alzheimer’s illness diagnostic assist software program subsequent yr, which incorporates ARIA monitoring.
In the meantime, Neurophet can also be making ready for a public itemizing on the Korea Inventory Trade’s small and medium-sized enterprise council, KOSDAQ, subsequent yr.
H2U secures funding and partnership in South Korea
H2U, a Taiwanese enterprise digital well being options supplier, has acquired an undisclosed strategic funding from Seoul Medical Laboratories (SCL) Group by its affiliate, KOSDAQ-listed medical gadget firm InnoTherapy.
The settlement will permit H2U to introduce its company and private well being administration options to the Korean market, beginning with their adoption in SCL Group’s well being screening amenities in roughly 4,500 clinics throughout the nation . H2U, in flip, will assist SCL Group, by one other affiliated firm, AhealthZ, present its medical testing expertise and different merchandise to Taiwan.
SURGLASSES Secures $6.5M Pre-Sequence A Funding
One other Taiwanese firm, SURGLASSES, not too long ago secured new funding value $6.5 million. The oversubscribed pre-Sequence A funding spherical was led by Taiwania Capital and took part by Built-in Capital, 500 STARTUPS, Knowledge Capital and Sustainable Affect Capital.
The income might be used to speed up the R&D and promotion of its surgical navigation system primarily based on augmented actuality, the Caduceus S. The expertise, designed for complicated spinal surgical procedures, was not too long ago cleared by the US FDA.
InMed.ai Receives 510(ok) for Mind Geometry Evaluation Software program
In-Med Prognostics (InMed.ai) not too long ago acquired 510(ok) clearance from the US FDA for its volumetric mind evaluation software program.
NeuroShield calculates mind volumes from 3D MRI scans to assist the therapy of neurodegenerative illnesses. It might be the primary software program of its type to supply adjustable reference ranges primarily based on age, gender and ethnicity.