Soombit.AI Raises $3.6 Million in Seed Round

by Kay Aloha Villamor in November 5th, 2024

Soombit.AI, a South Korea-based medical artificial intelligence company, has raised $3.6 million (5 billion won) in seed funding. 

Investors 

The round was led by Altos Ventures, a venture capital firm founded in 1996 and headquartered in Burlingame, California. Altos Ventures focuses on early-stage investments in the consumer and enterprise sectors. 

Soombit.AI Use of Funds 

The funding will support Soombit.AI in advancing AI solutions for radiology. The startup also plans to expand its technology to other imaging modalities, including CT. 

About Soombit.AI 

Soombit.AI develops AI-powered tools to assist radiologists with medical imaging tasks, particularly in reading chest X-rays. Its flagship product, AIRead-CXR, generates preliminary draft readings for chest X-rays, helping radiologists detect abnormalities quickly and accurately. Soombit.AI leverages generative AI technology to improve the speed, accuracy, and efficiency of radiology workflows. 

Funding Details 

Company: Soombit.AI 

Raised: $3.6M 

Round: Seed Round 

Funding Date: November 2024 

Investor: Altos Ventures 

Company Website: https://soombit.ai/  

Software Category: Radiological Workflow Solutions 

Source: https://www.mk.co.kr/en/it/11159482

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