Nanox announces completion of $110 million series B financing round
Israeli medical imaging company will deploy its digital x-ray device in 13 countries
Hagar Ravet | 14:00 28.07.2020
Israeli medical imaging company Nanox, incorporated as Nano-X Imaging Ltd., announced Tuesday that it had completed a $110 million series B financing round. The round got underway last December and included investments by the likes of SK Telecom, Fujifilm Holdings Corp., and Foxconn. So far the company has raised $137 million. Nanox was founded in 2012 by Ran Poliakine, who also heads a development center in Neve Ilan just west of Jerusalem that hosts 10 startups, including Illumigyn, Wellsense Technologies LLC, and others. Nanox develops an innovative digital X-ray-based imaging device that produces a three-dimensional scan. Its technology is intended to reduce the cost of existing similar medical imaging systems and increase accessibility to X-ray medical diagnostic results. The company employs 60 people in Israel and Japan.