Sirona Medical reels in $40m for cloud-based radiology platform scaleup

Sirona said the Series D funding tranche, led by Avidity Partners, will allow it to fund its operating plan "indefinitely". Sirona said the Series D funding tranche, led by Avidity Partners, will allow it to fund its operating plan "indefinitely". According to GlobalData analysis, the AI market across healthcare is growing at a compound annual growth rate (CAGR) around 37% and is expected to reach a $57.4bn valuation in 2029. Credit: S. Singha / Shutterstock.com Sirona Medical has raised $40m, setting the US company up with proceeds to scale its artificial intelligence (AI)-based cloud-native radiology platform into international territories. The…

Source: Medical Device Network