Cortechs.ai Announces Oversubscribed Funding Round to Accelerate Innovation in AI-Powered Neuroimaging and Oncology Solutions [Yahoo! Finance]
GENTING BERHAD SPONS ADR (GEBHY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
successful close of an oversubscribed Series C funding round led by VILAS Ventures. This strategic investment will fuel the company's mission to advance medical imaging through cutting-edge technology, expanding both its product suite and market reach. The funding round, which exceeded its hard cap by a wide margin, drew strong interest from a diverse group of investors, reflecting high confidence in Cortechs.ai's innovative solutions. Existing investor Genting Berhad, a global conglomerate, participated in the round as well. "We are thrilled by the enthusiastic response from our investors," said Kyle Frye , CEO of Cortechs.ai. "This oversubscribed round is a testament to the growing recognition of the critical role our AI-powered tools play in improving diagnostic confidence and patient outcomes. In selecting VILAS Ventures as our capital partner, we valued their deep understanding of healthcare technology, their track record of providing operational support to portfolio companie
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