The Co-investment Fund invested in an artificial intelligence solution for heart disease examination

Funding Rounds

Summary

Eight young medics, who are the authors of this idea, believe that their solution will facilitate cardiac ultrasound imaging, will contribute to the fight against COVID-19 and the promotion of smart Lithuania worldwide. Our solution would allow more patients to be admitted and reduce waiting lines in the medical facilities“, – tells Dovydas Matuliauskas, the Chief Financial Officer at the company Ligence. Two young medics Arnas Karužas and Karolis Šablauskas are those persons who came with the idea of creating an artificial intelligence system in cardiac ultrasound imaging. Vladas Lašas, Rita Sakus and other members of the Lithuanian Business Angel Network LitBAN invested in the startup Ligence together with the Co-investment Fund. Vladas Lašas, the representatives of the investors and the Chairman of the Board of LitBAN, adds: “We are happy to help, with our experience and investment, this dream team of medical and technology professionals to grow even faster”.

$ Funding

$
Amount $408.9K Total raised
Date June 15, 2020 Announcement date
Investors Koinvesticinis fondas Lead investors
Company https://www.ligence.io/ Funded company

Classifications

industries
No industries detected
applications
AI & Machine learning

AskAI Classifications

Labels
No AI classifications detected

Linked Companies