Qure.ai eyes global expansion with $40 million in funds


Deprecated: strlen(): Passing null to parameter #1 ($string) of type string is deprecated in /home/medicircle/public_html/script_newsdetails.php on line 75
AI-based diagnostics startup Qure.ai has gained $40 million (Rs 304.5 crores) in its venture round led by Novo Holdings and HealthQuad.

AI-based diagnostics startup Qure.ai has gained $40 million (Rs 304.5 crores) in its venture round led by Novo Holdings and HealthQuad. Qure.ai’s cancer detection solution is currently available in 50+ countries at around 500 sites. They have a strong patient base of over 4 million patients.

Founded by Prashant Warier and Dr Pooja Rao, the AI-led startup aims to improve imaging outcomes via the use of machine-supported tools. This gives them the edge of interpreting medical images in less than a minute of time.

Their solution qXR can segregate abnormal scans from normal and interpret abnormalities in the lungs, pleura, mediastinum, bones, diaphragm and heart. qER can detect abnormalities from brain CT scans. POqUS facilitates enhanced care for cardiovascular diseases by leveraging AI for early detection, characterization and monitoring of atherosclerosis.

The latest funds will be used to expand to international geographies, especially the US and European markets. The startup was incubated by Fractal Analytics and has received the approval of WHO. They have also partnered with organisations like AstraZeneca.

Last month, they had received a grant of £3.2 million from the UK's Small Business Research Initiative or SBRI Healthcare. The grant was provided along with NHS Cancer Programme and Accelerated Access Collaborative. In 2020, they had raised $16 million in a venture round led by Sequoia Capital India.

Tags : #Qureai #PrashantWarier #DrPoojaRao #NovoHoldings #HealthQuad #funding #fundingalert #smitakumar #medicircle

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

No health without rights, says Shobha Shukla SDG-3 Lead Discussant at UN meetJuly 15, 2025
30 Minutes To Freedom, Robotic Surgery Ends 89-YO’s Swallowing NightmareJuly 15, 2025
Himalaya Wellness Champions Bhringaraja in New Anti-Hair Fall Campaign with a Tale of FriendshipJuly 15, 2025
ViiV Healthcare and Medicines Patent Pool extends voluntary licensing agreement to enable access to long-acting injectable HIV treatment July 15, 2025
Reforming global financial architecture is critical for gender equality and right to healthJuly 14, 2025
Francesco Arezzo takes office as president of Rotary InternationalJuly 14, 2025
CBM India Highlights Inclusive Eye Health at VISION 2020: The Right to Sight – INDIA 19th Annual ConferenceJuly 14, 2025
Crompton Introduces Ameo Fresh Nutri Blender, Reinforcing Its Promise of ‘Healthy Choices Made Easy’July 14, 2025
NMC Notifies Medical Institutions (Qualifications of Faculty) Regulations, 2025 to Expand Medical Education Capacity and Strengthen Faculty Availability July 14, 2025
India’s Roads, India’s Pain: Healing Beyond the HospitalJuly 14, 2025
When Weathers Go Deadly: Role Of Climate Change In Stimulating The Proliferation Of Disease-carrying VectorsJuly 14, 2025
India’s Hidden Health Emergency: Climate Pressures on WellbeingJuly 14, 2025
The Silent Urgency: Why Geriatric Health Homes Can’t Wait AnymoreJuly 14, 2025
Rewiring the Brain: How Neuroscience Apps Are Changing Stroke RecoveryJuly 14, 2025
Healing Happens at Home: How Community Care Breaks the Cycle of Repeat Hospital TripsJuly 14, 2025
The Future Is Hands-On: How AR Is Quietly Reshaping Physical TherapyJuly 14, 2025
Flying Lifelines: Why Medical Drones are Changing Supply Chains in SilenceJuly 14, 2025
The Silent Hunger Are Well Fed Indian Teens Actually MalnourishedJuly 14, 2025
Richest 1% people have enough new wealth to end annual poverty 22 times overJuly 11, 2025
Fermenta Signs Strategic MoU with NIFTEM-T to Strengthen India’s Food Fortification LandscapeJuly 11, 2025