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Oxos Medical Raises $23M Series A To Deliver “Radiology Department In A Box” To The Entire Healthcare Value Chain

PRIVATEApr 05, 2023

Amount Raised

$23 Million

Round Type

Series A

AtlantaInformation TechnologyBiotechnologyHealth CareMedical

Description

OXOS Medical, the MedTech innovator developing simple and safe X-ray solutions, announced a $23 million Series A funding from Parkway Venture Capital and Intel Capital, bringing its total funding to $45 million. OXOS will use the funding to accelerate product innovation and expand availability globally. OXOS continues to build on its traction across outpatient clinics, the military, the Veterans Administration, sports teams, hospitals, imaging centers, and bioskills labs. To help accelerate the company’s growth, Gregg Hill, Parkway Venture Capital co-founder and managing partner, and Eric King, Intel Capital investment director, will join the OXOS board of directors.

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Company Information

Company

OXOS Medical

Location

1100 PEACHTREE STREET NE

Atlanta, Georgia, United States

About

OXOS Medical puts the future of x-ray in your hands. OXOS Micro C, the first handheld X-ray system, is faster, safer, and smarter than conventional C arms and is available now. The company entered the $50 billion U.S. diagnostic radiology market with the U.S. Food and Drug Administration 510k clearance in 2021 of its Micro C Medical Imaging System, a complete, handheld dynamic digital radiography system. Micro C brings radiologic diagnosis to the point-of-care with a handheld X-ray that operates safely without a radiation suite. The cloud-based OXOS Platform offers growing capabilities for on-demand image management, telehealth collaboration, and delivery of AI diagnostics.

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Funding Insights

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Series A companies typically raise their next round in 10-18 months

OXOS Medical 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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