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Sonablate Corp. raised $200M in funding led by Eleven Ventures to accelerate the global development and commercialization of its AI-powered precision medicine technologies.

PRIVATEAug 10, 2026about 2 hours ago

Amount Raised

$200 Million

Round Type

Venture - Series Unknown

CharlotteBiotechnologyHealth CareArtificial Intelligence

Investors

Eleven Ventures

Description

Sonablate Corp., based in Charlotte, NC, raised $200M in funding. The company plans to use the funds to support commercialization activities in the MENA region and evaluate manufacturing in Saudi Arabia. Led by CEO Richard Yang, Sonablate focuses on intelligent therapeutic ultrasound technologies. They hold regulatory approvals in over 50 countries worldwide.

Company Information

Company

Sonablate

Location

Charlotte, North Carolina, United States

About

Sonablate Corp. is a provider of AI-powered precision medicine and intelligent, image-guided therapeutic ultrasound technologies. The company is focused on advancing non-invasive treatments across various disease areas, including oncology and women's health. Their innovative platform includes technologies for prostate tissue ablation and neuromodulation, with regulatory approvals in over 50 countries. Led by CEO Richard Yang, Sonablate aims to globalize its commercialization efforts.

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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
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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