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QT Imaging Holdings, Inc. raised $1M in a Private Equity investment led by Dr. Avi Katz and Dr. Raluca Dinu to support its working capital for commercialization growth.

Nov 13, 20249 months ago

Amount Raised

$1 Million

Round Type

seed

NovatoMedical DeviceMedicalBiotechnologyHealth Care

Investors

Qti Board Of Directors MembersGig Acquisitions5, LlcDr. Raluca DinuDr. Avi Katz

Description

QT Imaging Holdings, Inc. announced a $1 million PIPE investment led by its Chairman Dr. Avi Katz and CEO Dr. Raluca Dinu

Company Information

Company

QT Imaging Holdings

Location

Novato, California, United States

About

QT Imaging Holdings, Inc. is a public (NASDAQ: QTI) medical device company engaged in research, development, and commercialization of innovative body imaging systems using low frequency sound waves. QT Imaging Holdings, Inc. strives to improve global health outcomes. Its strategy is predicated upon the fact that medical imaging is critical to the detection, diagnosis, and treatment of disease and that it should be safe, affordable, accessible, and centered on the patient’s experience.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers