201822 Oct

Health system's VC fund invests in AI

Summary

A local venture capital fund is investing in an out-of-state medical startup with artificial intelligence technology. Spectrum Health Ventures is joining nine other investors as part of a $20-million, third-phase investment in Los Altos, California-based Gauss Surgical’s medical solution, Triton. Triton estimates surgical patient blood loss in real time through images and “learning” ability. “With more accurate technology such as Triton, physicians are better able to prevent harmful postpartum complications and improve recovery time for patients,” Johnson said. According to a recent study of 2,781 caesarean section patients published in the American Journal of Perinatology, implementing Triton was associated with significant increases in recognition of maternal hemorrhage and significant decreases in blood product transfusions and hospital length of stay.

Source: Grbj

Funding

$20M
Amount
Oct 17 2018
Date
-
Investor
Gauss Surgical
Company

Classifications

Companies