French medtech company Sonio has raised $14 million in funding to further develop its SaaS solution for pregnancy monitoring and expand its operations in the United States.
The funding round was led by Cross Border Impact Ventures and also included participation from Elaia funds, OneRagtime, and several prominent business angels in the health sector. Sonio aims to improve access to quality pregnancy monitoring globally, including in underserved regions with high maternal mortality rates, such as sub-Saharan Africa.
The company's SaaS platform automates ultrasound reporting, incorporates AI for anomaly detection, and plans to integrate data into its imaging and genomics platform.
Sonio intends to adapt its technology for portable ultrasound scanners to enable healthcare professionals worldwide to perform ultrasounds to consistent quality standards. The company also aims to cater to new equipment manufacturers and non-expert practitioners in both developed and developing countries.
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