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Subtle Medical secures $33 million in Series C funding led by Morgan Stanley Expansion Capital to enhance medical imaging technology.

PRIVATEJun 02, 20262 months ago

Amount Raised

$33 Million

Round Type

Series C

Menlo Park

Investors

Samsung VenturesBrvEnvision XFusion FundShinhan Venture InvestmentMorgan Stanley Expansion Capital

Description

Subtle Medical has raised $33 million in growth capital through a Series C financing round led by Morgan Stanley Expansion Capital. The funds will accelerate product development and global commercial adoption of its AI-powered medical imaging platform. Notable participation also came from Shinhan Venture Investment and existing investors. The company aims to set a new standard for speed and quality in medical imaging.

Company Information

Company

Subtle Medical

Location

Menlo Park, California, United States

About

Subtle Medical, Inc. is a healthcare technology company with deep learning solutions that improve workflow efficiency and patient experience. The company has the first AI software solutions FDA-cleared for medical imaging enhancement, SubtlePET™ and SubtleMR™. It was named CB Insights Top AI 100 and Digital Health 150 company in 2020 and is an Nvidia Inception Award Winner.  Current clinical partners include UCSF, Hoag Hospital, Mt. Sinai, Sickkids, Radnet, DASA, Tiantan Hospital, and Middlesex Hospital, among others. Subtle is currently in collaboration with top-tier medical device vendors, including Siemens Healthineers, GE Healthcare, Philips (China) and several pharmaceutical partners. Subtle was founded in 2017.  Seed investors include Bessemer Venture Partners, Zhenfund (Momentor Ventures), Data Collective, Breyer Capital, and Baidu Ventures, among others. For more information, please visit subtlemedical.com or email [email protected].

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