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Sonablate partners with Eleven Ventures to seek $200M for overseas expansion in the Middle East.

Aug 24, 2026about 3 hours ago

Contract Type

partnership

CharlotteBiotechnologyHealth CareArtificial Intelligence

Description

Sonablate has entered into a partnership with Eleven Ventures, a venture capital fund established by a Saudi prince, to seek up to $200 million in investments aimed at expanding its operations in the Middle East and North Africa. This partnership will help position Sonablate's AI-powered ultrasound technology in a growing market.

Company Information

Company

Sonablate

Location

10130 Perimeter Parkway

Charlotte, North Carolina, United States

About

Our mission is to provide the next generation of sound medicine through proven ablative technologies that precisely deliver care while sparing healthy tissue. This next generation of care involves expanding our current HIFU technologies to treat a range of urological indications that balance treatment effectiveness and quality of life.

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