BlueNalu Signs MOU with Pulmuone, Announces Partnership Bringing Cell-Based Seafood to South Korea - BlueNalu, Inc.

#foodtech #cellularagriculture #cellular #startups #aquaculture

BlueNalu, a leading food technology company developing cell-based seafood products, announced today the signing of a Memorandum of Understanding (MOU) with Pulmuone Co. Ltd., a leader in healthy lifestyle and environmentally-friendly food products headquartered in South Korea. Pulmuone also participated in BlueNalu’s A round of financing, which was announced earlier this year.

Global demand for seafood is at an all-time high and continues to increase, particularly in Asia, where the two companies believe cell-based seafood can supplement the current supply of wild-caught and farm-raised fish. BlueNalu’s cellular aquaculture technology will allow it to produce a wide array of seafood products from a variety of species, without genetic modification, and will be free of microplastics, toxins, mercury and other environmental contaminants. The global pandemic has brought awareness to the vulnerability of our food supply. Cell-based seafood is a solution to food security and addresses the important issues of traceability, transparency and safety.

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BlueNalu Signs MOU with Pulmuone, Announces Partnership Bringing Cell-Based Seafood to South Korea - BlueNalu, Inc.

BlueNalu, a leading food technology company developing cell-based seafood products, announced today the signing of a Memorandum of Understanding (MOU) with Pulmuone Co. Ltd., a leader in healthy lifestyle and environmentally-friendly food products headquartered in South Korea. Pulmuone also particip

Startup Mergers & Acquisitions: SaaS Unicorn Freshworks Acquires Pune Based Cloud Platform 'Flint'

#startups #itsystems #enterprisetech #mergersandacquisitions #acquisitions

#SaaS #unicorn Freshworks has acquired Pune-based cloud platform Flint for an undisclosed amount.

Founded by Ankur Gakkhar and Abhishek Pande in 2013, Flint offers an enterprise-grade IT operations system and an intuitively designed dashboard.

Founded by Girish Mathrubootham and Shan Krishnasamy in 2010, Freshworks (previously called Freshdesk) has more than 150K clients across the world and is now looking for an IPO.

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SaaS Unicorn Freshworks Acquires Pune Based Cloud Platform 'Flint'

SaaS unicorn Freshworks has acquired Pune-based cloud platform Flint for an undisclosed amount. Freshworks said that this acquisition will strengthen its IT service management (ITSM) and IT operations management (ITOM) capacity. Founded by Ankur Gakkhar and Abhishek Pande in 2013, Flint offers an enterprise-grade IT operations system and an intuitively designed dashboard.

India: Asteria's A400 Unmanned Aerial System receives DGCA Certification

#drones #civilaviation #dgca #vtvl #uas

Asteria Aerospace announced that it’s flagship multi-rotor product, A400 Unmanned Aerial System (UAS) has been granted provisional certification from India’s statutory body – the Directorate General of Civil Aviation (DGCA). The certification of the A400 is a significant addition to Asteria’s suite of DGCA certified products, adding to the previous certification granted for micro class A200 UAS.

Classed as a mini-sized UAV, the A400 weighs in a little under 3.5kg and is capable of vertical takeoff and landing. The A400 comes with an HD video camera payload, a flight time of 40 minutes, and an operational range of 5km radius, specifications that are ideally suited for the more demanding needs of commercial and enterprise customers. All communication between the A400 and the Ground Control Station is encrypted with the industry-grade AES 128-bit protocol, providing safety and security for the A400 and the necessary flight telemetry data.

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Asteria's A400 Unmanned Aerial System receives DGCA Certification

Asteria Aerospace is pleased to announce that its flagship multi-rotor product, A400 Unmanned Aerial System (UAS) has been granted provisional certification from India's statutory body - the Directorate General of Civil Aviation (DGCA). The certification of the A400 is a significant addition to Asteria's suite of DGCA certified products, adding to the previous certification granted for micro class A200 UAS.

EV Battery Technology: US sodium-ion battery developer raises $35M as storage investment surges

#fundingalert #startupfunding #batterytechnology #batterytech #sodiumion #startups

Natron Energy, a California-based startup developing a battery using Prussian blue analogue electrodes and a #sodium-ion #electrolyte, has raised $35 million in series D funding round led by ABB Technology Ventures, NanoDimension Capital and Volta Energy Technologies.

Return backers Chevron Technology Ventures, Khosla Ventures, and Prelude Ventures also participated. Fluxus Ventures has also invested in the company, which has received more than $50 million in venture funding and more than $5 million in Advanced Research Projects Agency–Energy (ARPA-E) and US Department of Energy funding.

Natron Energy is the former Alveo, which was founded in 2012, based on work within the Huggins Group by co-founder Dr. Colin Wessells at Stanford University. Although Prussian blue provides modest energy density, the startup claims it is so earth-available and inexpensive that it could provide a cost-effective and sustainable answer for stationary energy storage.

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US sodium-ion battery developer raises $35M as storage investment surges

Natron Energy, a California-based startup developing a battery using Prussian blue analogue electrodes and a sodium-ion electrolyte, has raised $35 million in series D funding round led by ABB Technology Ventures, NanoDimension Capital and Volta Energy Technologies. Return backers Chevron Technology Ventures, Khosla Ventures, and Prelude Ventures also participated.

Sense.bio, AI-backed health tech and fitness startup launches in India

#startups #healthtech #fitness #startupnews

sense.bio, an #IoT(Connected to Internet) based fitness and health app was recently launched in India. It helps in home workout, diet plans, and simultaneously monitor one's health. It is an app that provides fitness, wellness, nutrition, family health monitoring on one single platform. The aim is to catch the attention of more than 90 million health-conscious individuals (HCI’s).

The zeal to make a better world where people can have maximum access to healthcare services has always concerned Atul Kapoor, an IIT Bombay alumnus who is the brain behind sense.bio.

The app lets you take control of your goals by tracking calories and steps, breakdown ingredients, log activities, check BMI, and weight. It helps in checking the heart rate, respiration rate, oxygen levels, and blood pressure through smartphone with the help of a sensor device.

sense.bio works on a freemium model, the premium version of which will give people access to personalized and customized diet recommendations and allows you to interact with nutritionists and health coaches. The app is available on the play store and soon to be launched on the iOS store as well.

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sense.bio, AI-backed health tech and fitness startup launches in India

It helps in home workout, diet plans, and simultaneously monitor one's health. It is an app that provides fitness, wellness, nutrition, family health monitoring on one single platform. The aim is to catch the attention of more than 90 million health-conscious individuals (HCI's).

Startup Funding Alert: Goldman Sachs leads LeanIX's $80M Series D funding

#startups #cloudservices #enterprisetech #enterprisetechnology #cloudtechnology

A German startup LeanIX that is helping brands like adidas, Dropbox and DHL become become cloud-native has pulled in $80 million in a Series D round led by Goldman Sachs. LeanIX is based in Bonn, Germany with offices in Boston (which serves as its U.S. headquarters), the Netherlands and India. The company has over 230 employees on its payroll worldwide.

Founded in 2012 by André Christ and Jörg Beyer, LeanIX is an enterprise software startup that helps companies adapt to cloud computing. As Christ puts it, “LeanIX is like Google Maps for a company’s IT landscape.” With LeanIX’s cloud native suite, clients can automatically discover used cloud services across major platforms such as Amazon Web Services (AWS), Microsoft Azure ™ or Google Cloud and capture data about microservices.

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Goldman Sachs leads LeanIX's $80M Series D funding

A German startup that is helping brands like Adidas, Dropbox and DHL become become cloud-native has pulled in $80 million in a Series D round led by Goldman Sachs. LeanIX is based in Bonn, Germany with offices in Boston (which serves as its U.S. headquarters), the Netherlands and India.

Tech Accessibility Startup K4Connect Raises $7.7M to Close $21M Funding Round - Voicebot.ai

#fundingalert #startupfunding #startups #startupideas #seniorcitizens #elderlycare #technology #tools #covid19

According to Population Census 2011 there are nearly 104 million elderly persons (aged 60 years or above) in India; 53 million females and 51 million males. A report released by the United Nations Population Fund and HelpAge India suggests that the number of elderly persons is expected to grow to 173 million by 2026. So, there is a huge market for startups to find solutions targeted at senior citizens and other differently abled persons.

Tech solutions for seniors and those with disabilities developer K4Connect has closed a $21 million Series B funding round after new investor Forté Ventures contributed $7.7 million.

The Raleigh-based startup K4Connect offers tools for making technology more accessible to those who might have difficulties with standard systems, such as older people and those with impaired senses and movement. K4Community provides customized features depending on the needs of the client. For instance, K4Community might support voice, video, and text messaging networks for residents, share news and informational updates, run smart home devices, or interact directly with residents to play games or answer questions.

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Tech Accessibility Startup K4Connect Raises $7.7M to Close $21M Funding Round - Voicebot.ai

Tech solutions for seniors and those with disabilities developer K4Connect has closed a $21 million Series B funding round after new investor Forte Ventures contributed $7.7 million. The startup plans to use the funds for designing and distributing its technology, a need heightened by the current COVID-19 health crisis.

Drone startup TropoGo collaborates with Avianco Technologies - CRN - India

#drones #startupindia #aatmanirbharbharat #insurtech #startupstrategy #deeptech

TropoGo, founded by Sandipan Sen, a Deep-Tech drone start-up has partnered with Avianco Technologies Pvt Ltd to offer integrated Risk & Insurance services to Avianco Customers.

Drones are Digital 4.0 technologies and the adoption has greatly increased primarily because of the perceived benefits across multiple sectors like Agriculture, Survey, Security and Healthcare to start with. Recent permission by Directorate General of Civil Aviation (DGCA) & multiple State Governments to conduct Beyond Visual Line of Sight #BVLOS) drone delivery experiments has opened up new possibilities.

Understating the importance of technology, Shravan V., Founder & CEO, Avianco Technologies says, “TropoGo and Avianco will bring seamless integration and superior user experience to Indian Drone Pilots.”

He further added, with detailed access of flight path, drone health, traffic congestion and various other parameters TropoGo can Co-innovate along with their Insurance partners to come up with comprehensive Risk & Fit for purpose Insurance Products of future.

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Drone startup TropoGo collaborates with Avianco Technologies - CRN - India

Read Article TropoGo, a Deep-Tech drone start-up has partnered with Avianco Technologies to offer integrated Risk & Insurance services to Avianco Customers. Drones are Digital 4.0 technologies and the adoption has greatly increased primarily because of the perceived benefits across multiple sectors like Agriculture, Survey, Security and Healthcare to start with.

Startup Funding Alert: Data analytics startup Evidation raises $45M, plots foray into virtual health

#healthtech #wearabletech #remotehealthcare #virtualclinicaltrials #clinicaltrials #startups #startupideas

Evidation Health, a startup that provides technology for virtual clinical trials, raised $45 million in series D funding. The company plans to use the funds to offer virtual health programs to research participants.

The San Mateo-based company can pull in data from wearable devices, videos, speech, and other sources. It also designs virtual studies using this capability, such as Johnson & Johnson’s Heartline study, which tests whether an Apple watch feature can detect atrial fibrillation earlier and reduce participants’ stroke risks.

The company’s research app, Achievement, pays users to track steps, sleep, meals and other health metrics. They can also opt into participating in virtual clinical trials. Evidation Health says 4 million people that use the app.

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Data analytics startup Evidation raises $45M, plots foray into virtual health

Evidation Health, a startup that pulls in digital health data for virtual studies, raised $45 million in funding. The San Mateo-based company can pull in data from wearable devices, videos, speech, and other sources. It also designs virtual studies using this capability, such as Johnson & Johnson's Heartline study, which tests whether an Apple watch feature can detect atrial fibrillation earlier and reduce participants' stroke risks.

How data analytics startup Near went from adtech to become a SaaS company

#martech #adtech #startups #startegy #startupstories

The Singapore and Bengaluru-based startup Near, which was initially called AdNear, used location data to serve customer-relevant ads. Eight years on, Near, founded by Anil Mathews in 2012, has emerged as a #SaaS (software-as-a-service) startup, which collects real-life data about consumers and merges it with online data to create their profile. Near has raised over $134 million from marquee investors like Sequoia Capital.

Near gathers data from a diverse set of data partners such as data aggregators, app partners, Wi-Fi partners, public hotspots, census data sets, and regional data partners across markets. It then takes the raw, unfiltered, and unstructured data signals and puts it into context by adding a layer of data science on it. Near’s customers can then understand the behaviour of users not just based on the places they are visiting, but the behaviour they exhibit in the real world. At present, Near has clients like Mastercard, WeWork, and Boston Consulting Group (BCG). It has taken the startup close to seven years to expand globally to reach the $1.6 billion scale.

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How data analytics startup Near went from adtech to become a SaaS company

In today's digital era, marketers are collecting massive amounts of data from consumers through the internet. Platforms like Facebook, YouTube, and Google have a lot of data about people, and companies are on a constant chase to capture user data to promote their products. However, not many companies have the data from the physical world.

Startups: How technology and healthcare can work together in a post-pandemic world | e27

#telemedicine #telehealth #remotehealthcare #remotediagnostics #remotepatientmonitoring #healthtech #healthcare

Healthcare industry across the world has faced enormous setbacks in the past few months when the novel coronavirus affected a million lives in the most fatal manner.

As social distancing becomes the new normal, here’s how the healthcare and technology could change in a post-pandemic world.

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How technology and healthcare can work together in a post-pandemic world | e27

As social distancing becomes the new normal, here’s how the healthcare and technology could change in a post-pandemic world

Cisco LaunchPad - Startups: 6th Cohort

#startups #launchpad #cisco #deeptech #IoT #ai #artificialintelligence

The following are the Cisco LaunchPad startups for 6th cohort:-

1. SatSure - Leverages advances in satellite remote sensing, machine learning and big data analytics to provide answers to large area questions across multiple domains.

2. Ederlabs - Focused on building secure AI technologies that help enterprises and other organizations adopt trusted and scalable AI practices.

3. Vernacular.ai - Integrates voice & conversational intelligence into products through an independent platform that is always learning.

4. Probus Sense - Helps distribution utilities digitize their distribution grid and have clear visibility of their network through our integrated end to end IoT platform.

5. Clean Slate Technologies: IoT and RTLS solutions provider helping customers boost productivity from location intelligence. It offers multi-sensor hardware tags, proprietary indoor tracking software engines and a customizable intelligence platform that enable live location visibility, process monitoring, deviation alerts and data-driven insights for continuous process improvement.

6. Cloudneeti - A software company with innovative solutions for continuous cloud security, data privacy, and compliance assurance.

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Cisco LaunchPad - Startups

Clean Slate is IoT and RTLS solutions provider helping customers boost productivity from location intelligence. It offers multi-sensor hardware tags (Kreto), proprietary indoor tracking software engines (inLocate 1.0, 4.0 and 6,0) and a customizable intelligence platform that enable live location visibility, process monitoring, deviation alerts and data-driven insights for continuous process improvement.

Startup Funding Alert: Voice Filter Startup Voicemod Closes $8M Funding Round - Voicebot.ai

#fundingalert #startupfunding #speechprocessing #voicetech #voicetechnology #gamesindustry #gaming #games

Voice filter startup Voicemod - Voicing Up Gamers & Streamers with Mods! has closed an $8 million Series A funding round led by German Bitkraft Ventures. Voicemod provides AI-powered personalized audio avatars that can alter voices in real-time in video games and digital communication services.

Voicemod combines artificial intelligence with digital signal processing to overlay a different sound to someone’s voice as they speak. Aimed largely at the world of gaming, the Spanish startup’s tech can let players switch around to different voice options and even incorporate effects like echos in a tunnel during a ca racing game, or breathlessness when a character has been running for a while. The tech can also perform more straightforward voice alterations like auto-tuning, pitch change, and making the speaker sound like a different gender.

Voice filters designed by Voicemod are used in popular online games like Fortnight, Lague of Legends, Call of Duty Warzone, and Minecraft. It can also apply to video chat and social platforms like Zoom, Discord, and Skype.

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Voice Filter Startup Voicemod Closes $8M Funding Round - Voicebot.ai

Voice filter startup Voicemod has closed an $8 million Series A funding round led by German Bitkraft Ventures. Voicemod provides AI-powered personalized audio avatars that can alter voices in real-time in video games and digital communication services. Voicemod combines artificial intelligence with digital signal processing to overlay a different sound to someone's voice as they speak.

Technology: Amazon rolls out AWS Snowcone for portable, ruggedized edge computing

#edgecomputing #technology #distributedsystems #startups #drones #computing #distributedcomputing #healthtech #remotecomputing

Amazon rolls out AWS Snowcone for portable, ruggedized edge computing. Snowcone is part of lineup of AWS Snow edge-computing devices designed to collect data from remote, disconnected locations, process the data locally, and then move the data to an AWS data center. The rugged AWS Snowcone measures 9' x 6' x 3' and weighs just 4.5 pounds, making it small enough for a backpack or mailbox.

While many edge-computing environments are connected to either the Internet or a 4G/5G wireless network, some are not because of capacity or access limitations, for example. These environments may capture and process data, but until they send it up to the network, it's of little use. With AWS' Snow devices, enterprises can move the data to an AWS data center either by shipping the device to AWS or using AWS DataSync to send the data to AWS over the network.

Snowcone features two CPUs, 4GB of memory, 8TB of storage, and USB-C power (or optional battery). AWS says it can run in the roughest of remote sites – such as oil rigs, first-responder vehicles, military operations, and factory floors – as well as remote offices, hospitals, or movie theaters.

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Amazon rolls out AWS Snowcone for portable, ruggedized edge computing

Snowcone is the newest and smallest addition to the lineup of AWS Snow edge-computing devices, which are designed to collect data from remote, disconnected locations, process the data locally, and then move the data to an AWS data center.

Technology: Scientists develop stamp-sized, wearable device that can record body temperature and blood oxygen levels to monitor Covid-19

#covid19 #wearabletech #healthtech #remotehealthcare #remotediagnostics

#medicaldevices

Researchers have developed a stamp-sized device, comprising a suite of sensors, including ones , an advance that can be used to catch early signs and symptoms of COVID-19, and help monitor patients as the illness progresses.

The scientists, including John A. Rogers from Northwestern University in the US, said they have tested the novel device on more than 50 physicians, rehabilitation specialists, and patients at the country's Shirley Ryan AbilityLab and at the Northwestern Memorial Hospital.

According to an editorial, published in the journal Science Advances, the sticker-like medical device, which is of the size of a postage stamp, is soft, flexible, and sits just below the suprasternal notch - the visible dip at the base of the throat.

"As you cough and breathe, it counts coughs, monitors the intensity of cough and senses laboured breathing. The location on the throat also is close enough to the carotid artery that it can measure mechanical signatures of blood flow, monitoring heart rate," he added.

Eventually, they believe the self-learning algorithms will become smart enough to distinguish between a COVID-like cough and more benign coughs from allergies, colds or dryness.

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Scientists develop stamp-sized, wearable device that can record body temperature and blood oxygen levels to monitor Covid-19

WASHINGTON: Researchers have developed a stamp-sized device, comprising a suite of sensors, including ones , an advance that can be used to catch early signs and symptoms of COVID-19, and help monitor patients as the illness progresses. The scientists, including John A.

Nano Trees – The Latest Renewable Energy Resource

#nanotechnology #biomimicry #solarenergy #windenergy #thermalenergy #forabettertomorrow #solarbotanictree #disruptivetechnologies #nanoleaves #renewableenergy

Nano Trees – The Latest Renewable Energy Resource

Recently with the emerging nanotechnology, scientists are working on the new concept called the nanoleaves that will help producing electricity with the help of solar power which can serve the future demands. This is an article on renewable energy, and in particular the innovative technology of artificial trees and leaves known as Biomimicry. To accomplish this goal a company named SOLAR BOTANIC has developed an innovative and efficient energy solution by combining Biomimicry and nano technologies in unique, patented, artificial trees.

Solar Botanic have created what they call nanoleaves that produce electricity via photovoltaic (light), thermo voltaic (heat), and piezovoltaic (wind) means. Solar Botanic is claiming that a single one of their trees, depending on size and location, can produce between 2,000 and 12,000 kWh per year, plus the trees provide shade and function as a windbreak.

I think Log 9 Materials is listening to this.

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Venture Capital: Facebook co-founder's B Capital Group closes its second fund at $820M

#startups #starupsfunding #vc #vcfunding #founders

B Capital Group, a US and Singapore-based investment company have announced the closing of its second $820 million venture fund to invest in growth-stage startups that are disrupting large industries and quickly scaling up.

Founded in 2014 by Raj Ganguly, and Facebook co-founder Eduardo Saverin, B Capital Group invests in #enterprise technology (including #SaaS, #AI / #ML infrastructure, and security), #fintech, #healthcare #technology, customer supporting technology, #transport, and #logistics into #B2B and #B2B2C businesses. The company usually invests between $10 and $60 million in Series B, C, and D businesses poised to grow rapidly.

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Facebook co-founder's B Capital Group closes its second fund at $820M

B Capital Group, a US and Singapore-based investment company have announced the closing of its second $820 million venture fund to invest in growth-stage startups that are disrupting large industries and quickly scaling up. Founded in 2014 by Raj Ganguly, and Facebook co-founder Eduardo Saverin, B Capital Group invests in enterprise technology (including SaaS, AI...

Startup Technology: The startup SynPhNe's wearable device can help stroke patients regain mobility on their own

#healthtech #startups #distributedhealthcare #doityourself #heartattack #wearabledevices #wearabletech #healthcare

Singapore-based SynPhNe is a neurological therapeutics startup that hopes to change the recovery process for stroke patients through its sensor-based wearable device.

Fifteen years after an incident, in 2013, Dr Subhasis Banerji founded SynPhNe. The Singapore-based digital neurological therapeutics startup has developed a wearable device to guide stroke patients to follow correct movements so that the recovery process is faster.

The challenges faced by stroke patients are quite severe. According to SynPhNe, in a country like India, there is upwards of seven million such patients, which is regarded as traumatic brain injury, with 60 percent of them being chronic, while the number of therapists stands at around 35,000.

The startup’s wearable device is a set of sensors, which are attached to the arm and head to track the electrical activity in the brain and the muscle linkages. The software in the device captures the signals and guides the affected patient through a set of exercises based on their readings and reactions.

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This startup's wearable device can help stroke patients regain mobility on their own

A national level athlete and yoga practitioner met with a car accident way back in 1998, which left him severely disabled. This led him on a quest to provide hope to individuals, especially people who have suffered stroke, that they could get back to their normal physical self.

With Tech Startups On Its Side, Kirana Store Inventory Gets Digitised

#kirana #digital #startups #forabettertomorrow #inventorymanagement #paymentsolutions #technology #grocery #fmcg

Inc42 Media covers the report of RedSeer on how with tech startups on its side, kirana store inventory gets digitised.

Key takeaways:-

1. Three out of four kiranas do not have exposure to technology platforms, says RedSeer

2. Digital payments platforms like Google Pay, Paytm and PhonePe have emerged as popular solutions. Besides this, private companies like PineLabs enable more digital transactions through their smart point-of-sales machines

3. Local startups udaan.com, ShopX - 10i Commerce Services Pvt Ltd, Jumbotail and NinjaKart are pivoting kiranas in a big way and are significantly working with them on last-mile deliveries, maintaining supply chains, effective inventory management, credit and more.

4. Besides this, he also mentioned B2B startup Khatabook, which is enabling digital bookkeeping services for these local neighbourhood stores.

5. India’s retail sector is set to grow to $1.3 Tn by the fiscal year 2025, as per RedSeer. However, the fast-moving consumer goods (FMCG) will continue to make for 90% of the sales in the sector. The report also noted that organized retail, both online and offline, is poised to grow from 16% to 22%.

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With Tech Startups On Its Side, Kirana Store Inventory Gets Digitised

Three out of four kiranas do not have exposure to technology platforms, says Redseer Udaan, ShopX, Jumbotail and NinjaKart have been popular for their supply chain solutions India's retail sector is set to grow to $1.3 Tn by the fiscal year 2025, Redseer added The neighbourhood pop and mom stores which have been a lifeline during the pandemic, woefully fall short when it comes to exposure to technology platforms for payments or procurement.

Startup Funding Alert: Berlin's DeepSpin raises seed funding for its 'portable, ultra-low-cost' MRI system

#startups #medicaltechnology #medicaltech #diagnostictech #healthtech #mri #medicalscanners #forabettertomorrow #affordablehealthcare #ai #artificialintelligence

DeepSpin, a Berlin-based startup co-founded by Clemens Tepel, a former McKinsey consultant, and Pedro Freire Silva, a PhD researcher from KIT, that is developing what it describes as a “next-generation, AI-powered MRI imaging machine,” has raised €600,000 in seed funding.

Backing the round is APEX Digital Health, with participation from existing investors Entrepreneur First (EF) and SOSV, along with a number of unnamed angel investors. Including grants and earlier investments, it brings the total raised to €1 million pre-launch.

Yet-to-launch and still in the development phase, DeepSpin aims to build a new type of MRI system at a “fraction of the cost, weight and size” of existing systems. To make this possible, the startup has developed a new antenna technology combined with AI-controlled operation, which the startup is currently patenting.

It is very happy to note that they are removing all of the constraints with traditional MRI scanners, based on their proprietary technology, making MRI universally accessible for any patient, anywhere in the world.

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Berlin's DeepSpin raises seed funding for its 'portable, ultra-low-cost' MRI system

DeepSpin, a Berlin-based startup that is developing what it describes as a "next-generation, AI-powered MRI imaging machine," has raised €600,000 in seed funding. Backing the round is APEX Digital Health, with participation from existing investors Entrepreneur First (EF) and SOSV, along...