Ace Embedded Intensive Care Units has raised $0.7 million in its Series A round from an undisclosed investor. The venture was launched by healthcare industry veteran, Jagdish Hiremath.

The company aims to utilise the funds to accelerate its market acquisition. They plan to become hold a significant market share of the Indian surgery sector by the year 2026. 

To expand its operations and execute its vision, Ace Embedded Intensive Care Units plans to gain more capital. For this, the company also has plans to raise more funds from venture capital and private equity. 

Till now, the company has so far raised $1 million in total.