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Intelligent Ultrasound
Cardiff-based AI firm to raise £5.2million to support clinicians using ultrasound.
23:33 26 April 2020
Cardiff-based AI firm Intelligent Ultrasound is raising £5.2million to support clinicians in their use of ultrasound by harnessing the power of artificial intelligence and simulation technology.
The firm will issue 49.4million ordinary shares to raise the fund needed to complete initial development work on a new ScanNav product for liver, prostate and COVID-19.
Chief executive Stuart Gall said: "We are an ambitious business that is creating and developing world-leading AI image analysis software to support clinicians in their use of ultrasound and I would like to thank our shareholders for enabling us to continue to build upon the success we achieved in 2019."
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