Healthtech startup Ai Health Highway has raised $1 million in a pre-Series A funding round led by global venture capital platform Turbostart.
The investment was part of a larger $1.5 million round. In which Rainmatter by Zerodha, The Chennai Angels, BITS BioCyTiH Foundation, and other angel investors co-invested, reports Entrackr.
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The company said that the new funding will be used to strengthen its presence in India. It will accelerate international regulatory approvals, and expand its AI/ML offerings in the cardio-respiratory domain.
Satish Jeevannavar was founder of Ai Health Highway. It offers AI-enabled screening tools to aid in the early detection of noncommunicable diseases (NCDs) and improve healthcare accessibility through its AI-enabled stethoscope, AiSteth.
The startup aims to reduce global premature deaths from NCDs by 30 per cent by 2030.
As per Ai Health Highway, AiSteth assists healthcare professionals and non-specialists in interpreting heart sounds to support accurate clinical decisions.
It uses advanced artificial intelligence and signal processing to transform standard stethoscopes into powerful screening tools capable of detecting life-threatening heart diseases at an early stage.
AI-enabled stethoscope smoothly integrates into existing workflows, providing primary care practitioners with high-quality heart sound collection, analysis, and data-sharing capabilities, making healthcare solutions more accessible and cost-effective.
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Using AiSteth, the startup said that it has screened over 40,000 patients across more than 12 states for Valvular Heart Disorders.
In August, healthtech startup Sunfox Technologies, which was featured on Shark Tank India, secured Rs 15 crore in a pre-Series A funding round led by Venture Catalysts.
The company said that it will use the fresh investment for expansion in India and globally. It will focus on scaling its flagship innovation Spandan.