Radiology Business September 26, 2024
Qure.ai has raised $65 million in new capital, the Mumbai-based radiology artificial intelligence vendor announced Wednesday.
Venture capital firm Lightspeed and wealth management company 360 One Asset led the Series D funding round joined by the Merck Global Health Innovation Fund and Kae Capital. Founded in 2016, Qure.ai bills itself as the world’s most deployed healthcare AI, with its solutions in use across 3,000-plus care sites in over 90 countries.
Leaders plan to use the money to expedite expansion in the U.S. and other markets, increase investment in foundational AI and execute “complementary med-tech company acquisitions.” Qure.ai offers products that help physicians read and interpret X-ray, CT and ultrasound images “in less...