Business

The pair aim to make AI-enhanced diagnostics accessible beyond hospital settings.

This IPO comes roughly a year after the company closed a $25 million SPAC. 

The company will cater to individuals with serious mental illness and severe depression. 

Nanox also completed the acquisition of USARAD Holdings and its affiliated company, MDWEB.

Also: Pediatric sleep app Huckleberry raises $12.5 million, and illumigyn, maker of a platform for remote gynecological imaging, brings in $33 million.

This week's top stories include the CMS ups penalties for hospitals ignoring the price transparency rule, the ATA and other groups ask Congress to safeguard telehealth for workers, and senior assistance company Papa raises $150 million in Series D funding.

A new app which collates older people’s health indicators and monitors for flu symptoms supports nurses and carers to make remote diagnoses and treat patients in their homes, reducing hospitalisations.

The company said its valuation is now $1.4 billion.

The latest round follows a $14 million Series B raise from 2019.

The company said the Series B brings its total raise to $20 million.