Openwater, a Newark, CA-based supplier of a healthcare platform, raised $100M in whole funding.
Backers included Plum Alley Ventures, Khosla Ventures, BOLD Capital Companions, Esther Dyson, Peter Gabriel, amongst others.
The corporate intends to make use of the funds to develop operations and its enterprise attain.
Based by CEO Mary Lou Jepsen, Openwater develops medical expertise integrating infrared imaging, ultrasound, and electromagnetic fields to diagnose and deal with ailments on the mobile stage to allow visualization, monitoring, and remedy of organic points. The expertise can selectively destroy most cancers cells whereas leaving wholesome cells unaffected, just like how an opera singer’s voice can shatter a selected wine glass with out disturbing others.
The corporate collaborates with establishments to validate its expertise and drive healthcare innovation. Utilizing open-source rules and client electronics manufacturing, Openwater seeks to cut back medical gadget improvement time and prices. Collaborations with establishments together with UCLA, the College of Arizona, the College of Pennsylvania, and Brown College have validated the expertise’s potential throughout a number of medical fields.
FinSMEs
23/08/2024
