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Ge Healthcare Enters Homecare Segment With Strategic Investment In Pulsenmore, Aims To Increase Peace Of Mind For Expectant Mothers And Reduce In-Person Visits

PUBLIC · GEHCMay 12, 2022

Round Type

Corporate Round

ChicagoOtherInformation TechnologyBiotechnologyHealth CareMedicalMedical DeviceHealth Diagnostics

Description

GE Healthcare has entered into an agreement to invest up to $50 million in Israeli start-up Pulsenmore, marking another strategic step forward in enabling precision health. This investment is aimed at accelerating global adoption of Pulsenmore’s homecare ultrasound solutions and will also support their goal to pursue U.S. FDA clearance and commercial expansion. In addition to its equity investment, GE Healthcare will also partner with Pulsenmore to distribute its products in Europe and other markets as the product becomes available for commercial distribution and collaborate closely on developing ultrasound-based healthcare offerings that cater to the burgeoning homecare market, which is expected to reach USD $662.67 billion by 2027 and poised to grow at a compound annual growth rate of 14.2%i.

Quick answer

GE HealthCare Technologies raised an undisclosed amount in a Corporate Round round, dated May 12, 2022. GE HealthCare Technologies is based in Chicago, Illinois, United States.

How much did GE HealthCare Technologies raise?
GE HealthCare Technologies raised an undisclosed amount in a Corporate Round round on May 12, 2022.
What does GE HealthCare Technologies do?
GE HealthCare Technologies Inc. is a global medical technology company specializing in pharmaceutical diagnostics, imaging analytics, and digital solutions.
Where is GE HealthCare Technologies based and how big is it?
GE HealthCare Technologies is based in Chicago, Illinois, United States. Fundz records about 58,860 employees.
Who are the decision-makers at GE HealthCare Technologies?
Fundz holds 5 contacts at GE HealthCare Technologies, including the President & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Medical Device around the same time

Companies in the same sectors as GE HealthCare Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Medical Informatics raised $15M on May 26, 2022.
  • WaveFront Dynamics Inc. raised $1.2M (Seed) on May 17, 2022.
  • ENDRA Life Sciences raised $8.7M (Post-IPO Equity) on April 21, 2022.
  • Sanara MedTech raised $14M on June 2, 2022.
  • SpinaFX raised $6.9M (Series A) on May 26, 2022.
  • Treace raised $150M (Debt Financing) on May 2, 2022.

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Company Information

Company

GE HealthCare Technologies

Location

Chicago, Illinois, United States

About

GE HealthCare Technologies Inc. is a global medical technology company specializing in pharmaceutical diagnostics, imaging analytics, and digital solutions. With a focus on precision care strategy, GE HealthCare aims to deliver innovative digital solutions across care pathways for more precise, connected, and efficient care across disease states.

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5 contacts
Verified contactsPeter A., President & CEO hidden hidden hiddenSee plans and pricing
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GE HealthCare Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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