Cortechs.ai Raises Series C Funding Round

by Kay Aloha Villamor in November 21st, 2024

Cortechs.ai, a San Diego, CA-based AI-powered neuroimaging and prostate imaging solutions, has raised Series C funding. 

Investors 

The round was led by VILAS Ventures, with participation from existing investor Genting Berhad and a diverse group of backers. 

VILAS Ventures is a healthcare-focused investment firm dedicated to driving transformative healthcare innovations. The firm provides both capital and extensive operational support to its portfolio companies.

Cortechs Use of Funds 

The funds will fuel product expansion, commercialization, and research and development, positioning Cortechs.ai as a global leader in AI-driven clinical decision support. 

About Cortechs.ai 

Cortechs.ai specializes in AI-powered medical imaging solutions for neuroimaging and prostate imaging. Its innovative tools leverage AI to enhance diagnostic confidence, improve patient outcomes, and support clinicians in diagnosing and monitoring complex medical conditions. Cortechs.ai's flagship products include NeuroQuant®, which plays a critical role in early diagnosis and monitoring of neurodegenerative diseases such as Alzheimer's, and OnQ Prostate, a fast-growing tool aiding prostate cancer detection.  

Funding Details 

Company: Cortechs.ai 

Raised: Undisclosed 

Round: Series C 

Funding Date: November 2024 

Lead Investor: VILAS Ventures 

Additional Investors: Genting Berhad, others 

Company Website: https://www.cortechs.ai/  

Software Category: Medical Imaging Solutions 

Source: https://www.prnewswire.com/news-releases/cortechsai-announces-oversubscribed-funding-round-to-accelerate-innovation-in-ai-powered-neuroimaging-and-oncology-solutions-302311360.html

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