Undisclosed · Healthtech

4DMedical announces US$100m-plus institutional placement

The AU$150m raise backs U.S. hospital deployment of CT:VQ and further research and development.

Funding follows early clinical adoption

The January 26 issuer release identifies early adopters including Stanford, Cleveland Clinic, the University of Miami and UC San Diego Health. It presents the placement as capital to scale hospital deployments of its FDA-cleared software.

The commercial expansion and R&D investment proceed together: the financing supports adoption of the existing product while advancing the company’s lung-imaging technology.

Funding history

Undisclosed · This round>$100M

Sources

  1. prnewswire.com