Laza Medical, a Los Gatos, CA-based startup focused on producing a high-quality AI-powered robotic imaging solution for cardiovascular treatments, closed a $36 million Series A financing round.
Investors
The financing round was led by The Capital Partnership (TCP) and included financial participation from GE Healthcare, PA MedTech VC fund, Unorthodox Ventures, and Dara Holdings.
The Capital Partnership is a multi-strategy investment firm that, together with its affiliates, has $7 billion in assets under management.
Laza Medical Use of Funds
The funds will be used to accelerate product development and expand the team.
About Laza Medical
Laza Medical is a privately held portfolio company of Shifamed, LLC., a highly specialized medical innovation hub founded by serial entrepreneur, Amr Salahieh. The company focuses on developing an imaging solution for cardiac interventions, leveraging artificial intelligence (AI) software and state-of-the-art robotics.
Funding Details
Company: Laza Medical, Inc.
Raised: $36.0M
Round: Series A
Funding Month: December 2023
Lead Investors: The Capital Partnership (TCP)
Additional Investors: GE Healthcare, PA MedTech VC fund, Unorthodox Ventures, and Dara Holdings
Company Website: https://lazamedical.com/
Software Category: Robotic Imaging Solution
Source: https://www.prnewswire.com/news-releases/laza-medical-inc-a-shifamed-portfolio-company-closes-36m-in-series-a-financing-302012751.html