Digital Health
MAI-DxO AI reportedly diagnosed complex medical cases with over four times higher accuracy than generalist physicians and saved costs.
The spin-off company is expected to rake in almost $2 billion in revenue this year.
The acquisition, part of a strategic partnership to accelerate Arcadia's growth and innovation, marks an exit for former investor Peloton Equity.
Also, new mobile applications promoting mental wellbeing have been launched.
Also, a Taiwanese startup has received the US FDA's 510(k) clearance for its neurosurgical robot.
The private equity firm focused on musculoskeletal care has acquired a majority stake in ImmersiveTouch, a medical XR company for facial and thoracic trauma surgeons.
The funds will be used to expand operations in the U.S., Europe and Southeast Asia.
The Polyphonic AI Fund for Surgery will invest in and provide mentorship to AI-enabled platforms aiming to advance surgical innovation.
The company offers mental healthcare for children and their families and will use the funds to expand its reach.