Israeli startup of AI by radiology Aidoc raises $ 27 million



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TEL AVIV (Reuters) – Israel's Aidoc, which supplies artificial intelligence tools for radiologists, said on Wednesday it raised $ 27 million, bringing its total assets to $ 40 million.

The funding round, led by venture capital firm Square Peg Capital, will be used to boost Aidoc's technology and marketing team. Its technology is in use in more than 100 medical centers.

"Our goal is to reach 500 hospitals in the next two years," said Aidoc co-founder and CEO Elad Walach.

Aidoc said its technology, approved by US and European regulators, helps radiologists to streamline patient care, improve quality of care and signal the most critical cases.

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