HomeFinTechEchoNous: Raises $60M in Funding

EchoNous: Raises $60M in Funding

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EchoNous Raises $60M in Funding

  • EchoNous, a Redmond, Wash.-based provider of portable AI-guided ultrasound tools and software, raised $60m in funding
  • Kennedy Lewis Investment Management made the investment, which combines senior secured debt and equity
  • The company intends to use the funds to accelerate the commercial launch of Kosmos, EchoNou’s flagship device
  • The company provides Kosmos, an AI-guided point-of-care ultrasound (POCUS) system providing diagnostic-quality imaging
  • The system enables systolic heart function assessment, and is a handheld POCUS device offering continuous-wave Doppler capability, a feature with important applications for cardiology
  • In addition, Kosmos meets HIPAA requirements for data collection, storage, and transmission
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