Qure.ai raises $40 Mn from Novo Holdings and HealthQuad

AI startup Qure.ai (Qure) has raised $40 million in a new round led by Novo Holdings and HealthQuad, supported by existing investor MassMutual Ventures. 

Lincoln International has acted as the exclusive financial advisor to Qure.ai.

Qure.ai will use the new investment to extend and strengthen its global reach, especially in the US and Europe, and intensify product development for critical care and community diagnostics.  

Founded by Prashant Warier, Qure.ai reads and interprets medical images like X-rays, CTs, and ultrasounds in less than a minute, making equitable and high-quality healthcare a reality across the globe. 

Qure's technology is used as the first level of screening for many infections and non-communicable conditions.