Handheld x-ray device maker OXOS medical results 23 million

Medical imaging company OXOS Medical has raised $23 million in Series A funding from Intel Capital and Parkway Venture Capital, bringing the total funding to $45 million. Parkway Founder and Managing Partner Greg Hill and Intel Capital Investment Director Eric King will join OXOS’s Board of Directors. What they do The Atlanta-based company offers an FDA 510(k)-cleared handheld X-ray system called the MicroC Medical Imaging System that provides static and continuous diagnostic images of the extremities. The device connects directly to the OXOS cloud platform where physicians can access images. The funds will be used to expand the company’s product offering globally and accelerate product innovation. “At OXOS, we’ve made it our mission to close the growing healthcare divide—the lack of access to radiographic technology that is undermining patient outcomes in every corner of the world,” OXOS founder and CEO Evan Raff said in a statement. “We aim to bring safe, powerful and simple x-ray technology to urgent care centers, sports teams, home care and international missions where real-time diagnostics are critical to saving lives.” MARKET SNAPSHOT OXOS Access to imaging can be difficult in low- and middle-income countries. OXOS is deploying the device to allow more individuals around the world to access x-ray imaging technology. Another company working to make imaging equipment more portable is Philips, which has Lumify, a handheld ultrasound transducer that can be attached to a smartphone or tablet and brought to a patient’s bedside. Darren Mann, Kathryn Cutler, and Dr. Peter Haug will provide more details in the HIMSS23 session, “Improved Patient Care with Real-Time Collaborative Clinical Decision Support.” For Thursday, April 20, 4:00 pm – 5:00 pm CT in South Building Level 1, Room S105 C.

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