Israeli medtech company Nanox raises $59 million extension, closing funding round at $110 million

In yet another announcement from Israeli medical imaging company Nanox, Yozma Group Ventures and private investors have committed $59 million in additional funding. This past January the medtech company announced a $26 million investment from Foxconn, and then in June an additional $20 million from SK Telekom to expand in South Korea and Vietnam. All told, the protracted funding round has reached $110 million.

Since last fall when the round began, Nanox has signed agreements to deploy its medical imaging system (the Nanox.ARC) and diagnostics services in 13 countries across 5 continents, including Taiwan, Singapore, South Korea, Italy, Russia and Belarus.

Photo: the Nanox.ARC