MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

Japanese AI endoscopy raises $42.9mfund from Sony, Globis Capital to improve medical services

Japanese AI endoscopy raises $42.9mfund from Sony, Globis Capital to improve medical services

AI Medical Service Inc. (AMS), which is termed as areal-time endoscopic AI developer based in Tokyo, has raised approximately around US$42.9 million in series B funding from various sectors like Globis Capital Partners, World Innovation Lab, and Sony Innovation Fund, as well as additional third-party allocations.

AMS intends to use the new funds to promote clinical trials, clinical safety equipment’s to further develop its pipeline, hire expert personnel, and invest in equipment and overseas expansion.By this move it will help to develop its technology, the company hopes to accelerate regulatory approval and contribute to the development of endoscopic medical care worldwide.

The company was founded on the desire to solve issues with endoscopies in the clinics and the firm mainly focuses on AI in esophageal cancer, colorectal cancer, and capsule endoscopy AI. “In order to commercialize and deliver the AI products to society as soon as possible, we will make effective use of the procured funds,” Tomohiro Tada, CEO of AMS, said.

AMS develops AI technology that leverages the wisdom of Japanese endoscopic specialists and supports endoscopic examinations of gastrointestinal organs. The firm is all set to collaborate with around 80 medical institutions worldwide, representing Japan in the field of research and development of AI endoscopies which will be the first of its kind in Asia.

 

YOU MAY ALSO LIKE

Marketing Partnership: NBA, McDonald’s Will Jointly open NBA Experience Zones India

There is good news for all basketball fans in India. Very soon, NBA themed promotions and experience zones will be launched in India. The announcement...

Dunzo to Raise Funds from Google, others

Dunzo, the app which is trying to make life easier for the people upto some extent plans to raise about Rs. 183 crore from different investors which a...

Sapta Shakti Command Will Be Displaying Defence Technology Equipment at Jaipur Military Station

This event is organised with an aim to provide an opportunity where one and all can experience the developments in the field of defence and security-r...

Samsung is All Set to Roll out Its Galaxy A9 Smartphone On November 20

After Samsung unveiled its new Galaxy A9 smartphone in Singapore last month, the company is all set to launch it in India on November 20. In Singapore...

RECOMMENDED