Promaxo, a medical imaging, robotics, and AI technology company, announced closing an investment round of $4.17 million led by Huami.
Amit Vohra, founder and CEO of Promaxo, said the medical technology company plans to use the funds to accelerate its data strategy and incorporate artificial intelligence in imaging and image-based interventions.
Promaxo and Huami will continue to explore a partnership for the application of artificial intelligence, product integration opportunities, and commercialization, making them a natural fit to serve as strategic partners.