Elucent Medical, a guided surgical technology company, will receive $30 million in growth capital from Trinity Capital.
WHAT IT DOES
Elucent Medical's flagship product EnVisio System utilizes a spatial field generator measuring continuous data points across multiple planes to display exact 3D positioning of the SmartClip marker and SmartSensor that is used to guide soft-tissue surgical excision....
Manas AI, an AI-driven drug discovery platform, has launched with $24.6 million in seed round in a round coled by General Catalyst and LinkedIn cofounder Reid Hoffman.
Greylock and other strategic investors participated in the round.
LinkedIn cofounder Reid Hoffman and Dr. Siddhartha Mukherjee, an oncologist, researcher and author, founded Manas AI.
WHAT IT DOES
Manas AI is a drug discovery...
At a press conference on Tuesday, President Donald Trump announced the formation of Project Stargate, an at least $500 billion investment to build the physical and virtual infrastructure to power AI construction, including "colossal data centers" and campuses nationwide in America, with one of its goals to improve health outcomes.
Trump announced Stargate alongside three partners of the project:...
Cornerstone Robotics bags $70M Series C funding
Surgical robotics maker Cornerstone Robotics from Hong Kong has raised over $70 million in a Series C funding round led by EQT. It also received additional investment from the Hong Kong government's Innovation and Technology Venture Fund.
The company, established in 2019, will use its fresh funds to expand into key global markets in Europe and...
At a Boston Consulting Group (BCG) event in San Francisco during the JPM Healthcare Conference taking place this week, panelists discussed the government's role in advancing AI technology and government oversight of the technology with the changing administration.
Micky Tripathi, assistant secretary for technology policy, national coordinator for health IT and chief AI officer for the U.S....
Researchers from The Chinese University of Hong Kong and Beijing Tongren Hospital have developed a foundational AI model for automated eye disease diagnosis.
WHAT IT'S ABOUT
The generative AI model, VisionFM, was pre-trained on a large ophthalmic data cohort containing 3.4 million images from over 500,000 individuals worldwide. The pre-training dataset covers eight eye imaging modalities,...
Editor's note: This article has been updated with context from Philips regarding the number of helium-free scanners installed in the U.S.
Shez Partovi, chief innovation and strategy officer at Philips, spoke with MobiHealthNews during the JPM Healthcare Conference about the company’s advancements in pathology and radiology and its perspective on responsible AI development.
MobiHealthNews: What...
Back-to-back news over the past few years since the recent pandemic reported on the aggressive global expansion of South Korean companies in the medical imaging AI space.
From securing regulatory approvals to closing national and regional-scale distribution and partnerships, these innovators (such as Lunit, VUNO, and Coreline Soft) seemed to have convinced health systems worldwide of the...
In November 2021, California-based virtual reality-therapeutic company AppliedVR became the first medical extended reality (XR) company to be granted FDA De Novo clearance for a virtual reality healthcare product.
AppliedVR's RelieVRx (formerly EaseVRx) is a fully immersive VR experience designed to help individuals manage chronic low back pain and provide a non-pharmacologic option for pain...
Researchers from the National University of Singapore have developed a new analytical tool offering a new approach to analysing brain activity.
The Brain-JEPA (Joint-Embedding Predictive Architecture) model identifies brain regions and how they function individually and dynamically with other regions. It also breaks down complex patterns of brain activity into smaller pieces so they can be...
