FinTechFunding

Promaxo: Raises $4.17M in Funding

  • Promaxo, Inc., an Oakland, California-based medical imaging, robotics, and AI technology company, raised $4.17M in funding
  • Huami Corp. (NYSE: HMI) made the investment
  • The company also intends to use the funds to accelerate its data strategy as it continues to incorporate artificial intelligence in imaging and image-based interventions
  • Promaxo isa medical technology company backed by over 60 patents, With a compact and adaptable MRI
  • Promaxo has formed numerous long-term and strategic partnerships with investor groups as it prepares to enter the US market
  • With Huami, the company will also continue to explore a partnership for the application of artificial intelligence, product integration opportunities
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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