Taiwanese startup Deep01 raises $2.7 million for its AI-based medical imaging software

Deep0 1, a Taiwanese startup that develops software to help doctors interpret CT brain scans more quickly, announced today that it has raised $ 2.7 million. The funding was led by PC creator ASUSTek.

Deep0 1’s product has obtained clearance from both Taiwan and the United States’ Food and Drug Administration, and the company received its first purchase order, usefulnes about $700,000, in February.

Other investors included the Digital Economy Fund, which is co-funded by Taiwanese research administrations Industrial Technology Research Institute( ITRI) and the Institute for Information Industry( III ), and BE Capital.

Deep0 1’s software is currently used in two medical centers and four hospices in Taiwan and has already helped doctors check over 2,000 brain scans.

Created for implement by emergency bureaux, Deep0 1 says its software can spot acute intracerebral hemorrhage with an accuracy proportion of 93% to 95%, within 30 seconds.

The startup was launched in 2016 by benefactor and CEO David Chou, who earned his Master’s Degree in computer science at Carnegie Mellon University and was a Harvard University research fellow at Massachusetts General Hospital between 2018 and 2019.

In a press release, Albert Chang, ASUS corporate vice president and co-head of its AIoT Business Group, said ” Deep0 1 is a extending startup in the AI medical area. The collaboration is promising for smart-alecky medical employments .”

Read more: feedproxy.google.com

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