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ThinkSono raised £2.1M in funding led by id4 ventures for expanding operations and R&D sector.

Mar 15, 2024over 1 year ago

Amount Raised

£2.1 Million

Round Type

seed

LondonSoftwareHealth Care

Investors

Cur8 CapitalCrowd CubeDubai Angel InvestorsCalm Storm VenturesBrandenburg KapitalId4 Ventures

Description

ThinkSono, a medical technology company specializing in ultrasound AI guidance solutions, raised £2.1M in funding led by id4 ventures, with participation from Brandenburg Kapital, Calm Storm Ventures, Dubai Angel Investors, CrowdCube, and Cur8 Capital as well as multiple angel investors and clinicians in vascular surgery. The company intends to use the funds to expand operations and its R&D sector.

Company Information

Company

ThinkSono

Location

London, England, United Kingdom

About

At ThinkSono, we are committed to removing the barriers to universal ultrasound access. We are working towards a world where ultrasound diagnosis can be provided safely at the point of care by any healthcare professional. Our first application AutoDVT enables any healthcare professional to detect deep vein thrombosis (DVT) at the point of care in as little as 5 minutes. It uses artificial intelligence to guide the user through the current gold-standard diagnosis, a compression ultrasound examination.

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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