GT Health­care in­vests $26.6M in Potrero Med­i­cal

BioSpectrum (Asia) - - Finance News -

Potrero Med­i­cal, Inc., a pre­dic­tive health com­pany fo­cused on us­ing smart sen­sors and an­a­lyt­ics for early de­tec­tion of crit­i­cal ill­nesses, re­cently an­nounced the clos­ing of a $26.6 mil­lion Se­ries C fi­nanc­ing. The fi­nanc­ing was led by China-fo­cused health­care in­vest­ment firm GT Health­care Cap­i­tal Part­ners and Sil­i­con Val­ley-based Son­der Cap­i­tal. The fund­ing will sup­port fur­ther com­mer­cial­iza­tion ef­forts of the com­pany’s flag­ship prod­uct, the Ac­curyn Mon­i­tor­ing Sys­tem.

With the Ac­curyn Mon­i­tor­ing Sys­tem, Potrero Med­i­cal is trans­form­ing crit­i­cal care mon­i­tor­ing by evolv­ing the tra­di­tional uri­nary catheter into a smart sen­sor that helps to ac­cu­rately mon­i­tor pa­tients’ vi­tal signs in re­al­time. The tech­nol­ogy is the world’s first com­mer­cially avail­able sys­tem for ICU pa­tients that can fully in­te­grate phys­i­o­log­i­cal mea­sure­ments for in­tra-ab­dom­i­nal pres­sure, urine out­put, and core body tem­per­a­ture.

The cap­i­tal Potrero Med­i­cal raised will also be used in de­vel­op­ing an artificial in­tel­li­gence plat­form to as­sist physi­cians with early in­ter­ven­tion of life threat­en­ing events, such as Acute Kid­ney In­jury (AKI).

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.