Week in review - StartUp World #10 - 26.06.2020

MarkeTech
News
June 27, 2020

AI Radiology Startup Agamon Raises $3M to Transform Clinical Text into Data

Healthcare startup Agamon announced on Monday that it raised $3 million in a seed round led by UK investment firm MMC Ventures, with participation from InHealth Ventures, Seedcamp, and Bayer G4A.

Founded in 2018 by Michal Meiri, CEO, and Omri Sivan, CTO, Agamon says it helps health systems make sense of their unstructured clinical data. Agamon’s AI software trains hospital computers to “read” a doctor’s unique language, a long-standing barrier for healthcare advancements. Using natural language processing (NLP) to make sense of the text in patient records, the system then puts the text summaries into a structured database format.

“Agamon has built advanced AI and NLP (natural language processing) that assess the significance of findings extracted from unstructured medical text, starting with radiology reports. This helps us make sure no important clinical recommendation ever falls through the cracks, and will assist with automating timely review of large report volumes”, says Dr. Danie Siegal, vice chair of radiology at Henry Ford Health System in Detroit, Michigan.

 

Startup OneView raises $3.5 million in seed round led by TPY Capital

Israel-based satellite and aerial imagery analysis startup OneView announced it has raised $3.5 million in a seed round led by TPY Capital and participated by Rafael Development Corporation (RDC), Taiwanese chipmaker MediaTek and Modi Rozen. The funds will enable the company to expedite product development and nurture partnerships with leading companies in the ecosystem, including satellite, and business intelligence services companies.

OneView’s technology produces virtual simulations featuring advanced tagging used in training artificial intelligence algorithms.


Gulftainer Launches Global Startup Challenge to Boost Tech Innovation in Ports and Logistics Sector

Gulftainer, the world’s largest privately owned, independent port operator, announced today the launch of the Future of Ports Startup Challenge 2020 to identify startups from across the globe with the ambition to lead the transformation of the port management and logistics industries.

Gulftainer has partnered with the Global Silicon Valley labs (GSVlabs), a leading global innovation platform, to engage startups in five unique areas of opportunity where Gulftainer is pursuing new solutions: The Internet of Things and Robo-Doctors; Artificial Intelligence and Autonomous Drones; Big Data and Advanced Analytics; Blockchain and Bring Your Own Idea.


Data recovery startup Zerto raises $33 million in equity, up to $20 million more in debt

Cloud backup company Zerto Ltd. announced Thursday it has raised $33 million in equity funding. Under an existing credit facility, the raised funds also allow Zerto to draw an additional sum of up to $20 million in venture debt from Kreos Capital, the company said in a statement.

Dually headquartered in Herzliya in central Israel and Boston, Zerto develops disaster recovery and business continuity software for virtualized infrastructure and cloud environments. Due to the coronavirus (Covid-19) crisis, Zerto recently cut back on 25% of its workforce and now has around 600 employees, most of them in Israel.

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