Tech Company Financing Transactions
Ibex Medical Analytics Funding Round
On 11/9/2022, Ibex Medical Analytics raised $10 million in funding from Kreos Capital.
Transaction Overview
Company Name
Announced On
11/9/2022
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Kreos Capital (Lead Investor) (Aris Constantinides)
Proceeds Purpose
Ibex will use the new resources to strengthen and expand its US team and support new customer deployments, fueling further business growth. The company will also accelerate R&D initiatives, focusing on adding new applications to the Galen platform to enable new tissue diagnostics and automated biomarker quantification, and enhancing collaboration with leading digital pathology providers.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
101 Rokach Boulevard
Tel Aviv, 6153101
IL
Tel Aviv, 6153101
IL
Phone
Undisclosed
Website
Email Address
Overview
Ibex Medical Analytics pioneers AI-based cancer diagnostics in pathology. Pathologists are challenged to provide accurate and timely cancer diagnoses as their workloads keep increasing due to a rise in cancer prevalence and advances in personalized medicine that result in growing diagnostic complexity. We use artificial intelligence (AI) to develop clinical-grade algorithms and digital workflows that detect cancer as accurately as a human pathologist.
Management Team
Title
Name
Email & Social
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