July 29 - 12:07
55D
Exo raises $200m to build affordable ultrasound devices
California-based startup Exo has raised $220m in its latest Series C financing aimed at commercializing its affordable handheld ultrasound device and point-of-care workflow platform. The round was led by RA Capital Management. While the average cost of an ultrasound machine is between $40,000 and several million depending on the tech's precision, Exo’s device will be around the cost of a laptop.
> Tweets