Digital health innovator DynoSense has closed a USD9.4 million Series A funding round, with participation from WI Harper Group; JKOM Cloud Health Technology Co; Plug and Play Tech Center; Jinmao Capital; and Wilson, Sonsini, Goodrich and Rosati.
The company will use the proceeds to support US regulatory clearance and commercialisation of its patented Dyno, the world’s first fully integrated multi-function health scanner technology that can capture more than 33 critical health metrics in less than 60 seconds with a single user action. The captured health data is securely and wirelessly uploaded to the company’s cloud computing platform for further analytics and processing, and is then communicated with healthcare professionals.
“Our mission is to be at the forefront of the digital healthcare revolution, a market anticipated to reach more than USD26 billion by 2020,” says Saeed Azimi, chief executive officer of DynoSense. “With the Dyno, we are marking a new paradigm in how patients can be remotely monitored for physiological changes. We believe this will open up a whole new era of disease prevention that will enhance delivery of care, resulting in leapfrog improvements in efficiency, health outcomes and cost reduction.”
