Samsung Eyes Investment in Exo's $100M Funding Round

May 27, 2025
Samsung Ventures is considering a significant investment in Exo, a California-based startup specializing in portable ultrasound devices, as part of a $100 million funding round led by Sands Capital, Bold Capital, and Qubit Health Capital.

Samsung Ventures is considering a substantial investment in Exo, a California-based startup known for its portable ultrasound devices. This potential investment is part of a $100 million funding round, which is being led by Sands Capital, Bold Capital, and Qubit Health Capital, reports TechCrunch.

Exo, founded in 2015, develops handheld medical imaging devices that integrate artificial intelligence, medical imaging, and silicon technology. These devices connect to smartphones, allowing medical professionals to conduct ultrasound examinations and share results via a mobile app. The company has already raised over $320 million from investors such as RA Capital Management, BlackRock, Intel, and Sony.

In addition to the investment, Exo is in discussions with Samsung Medison Co., a subsidiary of Samsung specializing in medical ultrasound and digital radiography systems, to explore potential partnerships.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like AI Funding Brief, Life AI Weekly or Daily AI Brief.

Also, consider following us on social media:

AI Funding News Healthcare & Life Sciences AI AI Brief AI Brief (X)

More from: Funding

07/30
JotPsych Secures $5M to Develop AI-Driven EHR
07/30
Magentiq Eye Secures Series A Funding for AI Gastroenterology Software
07/30
CSP Associates Acquires Majority Stake in Tamarack Defense
07/30
Plutus Launches AI Solutions for Insurance with Moneta Ventures Backing
07/30
GS Microelectronics Acquires Sinble Technology to Boost TSMC Design Capabilities

More from: Life Sciences

07/30
Moberg Analytics and NXT Humans Launch AI Platform for Brain Injury Care
07/30
JotPsych Secures $5M to Develop AI-Driven EHR
07/30
Magentiq Eye Secures Series A Funding for AI Gastroenterology Software
07/30
Surgical Safety Technologies Integrates Kinematic Data into OR Black Box
07/30
PRC Enhances VoicesAI with Meta's LLaMA for Healthcare Insights

Subscribe to Life AI Weekly

Weekly coverage of AI applications in healthcare, drug development, biotechnology research, and genomics breakthroughs.

AI Token Webinar

Whitepaper

Stanford HAI’s 2025 AI Index Reveals Record Growth in AI Capabilities, Investment, and Regulation

The 2025 AI Index by Stanford HAI provides a comprehensive overview of the global state of artificial intelligence, highlighting significant advancements in AI capabilities, investment, and regulation. The report details improvements in AI performance, increased adoption in various sectors, and the growing global optimism towards AI, despite ongoing challenges in reasoning and trust. It serves as a critical resource for policymakers, researchers, and industry leaders to understand AI's rapid evolution and its implications.

Read more

You May Also Like