USA – Oxos Medical, an Atlanta, GA-based MedTech company developing X-ray solutions, raised $23M in Series A funding.
Backers included Parkway Venture Capital and Intel Capital. Gregg Hill, Parkway Venture Capital co-founder and managing partner, and Eric King, Intel Capital investment director, will join the Oxos board of directors. The company, which has now raised $45M in total funding, intends to use the funds to accelerate product innovation and expand availability globally.Founded in 2016 by Dr. Greg Kolovich, a Harvard-trained, board-certified orthopedic surgeon, and serial entrepreneur Evan Ruff, Oxos Medical supplies and distributes medical imaging and diagnostic radiography. With a low radiation profile, its devices provide image sharpness and clarity in the smallest form factor, making X-rays available where it is needed. The devices connect directly to the OXOS Cloud Platform, allowing physicians to instantly access radiographic studies from anywhere on any device. Fully HIPAA-compliant, the cloud platform integrates with existing radiology infrastructure or can leverage its nationwide teleradiology service to provide study interpretation.The devices are already used across outpatient clinics, the military and the VA, sports facilities and teams, hospitals, imaging centers, and bioskills labs.05/04/2023
