AAA Nano-X screens corporates for $26m round

Nano-X screens corporates for $26m round

Israel-based medical imaging technology provider Nano-X Imaging has collected $26m from contract electronics manufacturer Foxconn, telecommunications firm SK Telecom, imaging technology producer Fujifilm and undisclosed private investors.

Nano-X is developing technology designed to give healthcare providers a holistic overview of X-ray screenings through functionality including an image repository and the ability to match radiologists with patients.

The platform incorporates cloud-based software linked to an X-ray system which is equipped with nanotechnology-enhanced emitting diodes that facilitate robust digital scans. The funding will support development, commercialisation and distribution of the system.

Nano-X said has now raised $55m in funding altogether. Fujifilm, SK Telecom and the individual investors all invested in the latest round as existing backers, though details of its earlier funding have not been disclosed.

Ran Poliakine, Nano-X’s founder and chief executive, said: “We are honoured to have Foxconn join other world leaders, Fujifilm and SK Telecom, in investing in our vision of eradicating cancer.

“Nano-X has achieved a technological breakthrough by digitising traditional X-rays, and now we are ready to take a giant leap forward in making it possible to provide one scan per person, per year, for preventative measures.”

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