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Since 2014, companies developing analytics for clinical diagnostics applications have received more than $260m in funding. The volume and the size of deals is increasing, with around $100m already invested this year. This includes two of the largest deals to date – UK based artificial intelligence (AI) health service provider babylon secured $25m in a series A funding round and clinical decision support company medCPU received $35m of venture funding.
This short report from Signify Research provides an analysis of funding in companies developing analytics solutions for clinical diagnostics.