Samsung can invest in $ 100 million round to start medical images EXO

Samsung Venture’s investment department strives to invest in starting medical devices in California, EXO, in a circle that can rise to $ 100 million, Bloomberg reportedciting anonymous sources.

The circle is led by Sands Capital, Bold Capital and Qutbit Health Capital, the report said, adding that Kubi President Imar Ishrak will join the exo board.

Founded in 2015, EXO makes manual medical devices that use a combination of artificial intelligence, medical images and silicone technology for ultrasound examinations such as scanning lungs or echocardiograms. The device is included in a smartphone, and medical examiners can scan patients, document and share exam reports using one application.

The company has raised over $ 320 million so far In investor funding, including RA Capital Management, Blackrock, Sands Capital, Intel, Sony and Avity Partners. The company recently raised $ 220 million in a series C round in 2021.

Exo also negotiates to partner with Samsung Medison Co., which makes medical devices for ultrasound diagnostics and digital X -ray systems, the report said.

Exo, Samsung, Sands Capital, Bold Capital and Qubit Health did not immediately return requests for comment.