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Medtech startup SigTuple raised $4 million in an extended series C funding round led by Sidbi Venture Capital to drive geographical expansion plans and broaden its product portfolio.

Aug 06, 202411 months ago

Amount Raised

$4 Million

Round Type

series c

BengaluruMedical DeviceMedicalBiotechnologyHealth Care

Investors

Endiya PartnersSidbi Venture Capital

Description

SigTuple, specializing in digital microscopy solutions powered by AI, raised Rs 33 crore ($4 million) in an extended series C funding round. The funds will be used to support the company's geographical expansion and regulatory clearances.

Company Information

Company

SigTuple

Location

Bengaluru, Karnataka, India

About

SigTuple combines the power of microfluidics, robotics, artificial intelligence (AI) and cloud computing to create smart diagnostic solutions which make quality healthcare delivery affordable and accessible. Since 2015, our efforts have been focused towards developing smart, automated solutions for basic, high volume diagnostic screening tests which improve the efficiency of doctors, enable tele-diagnostics and introduce a new paradigm of connected AI-powered solutions which remove the dependency on monolithic medical devices. Such next-generation solutions are not possible without an inclusive collaboration between top medical institutions, visionary medical specialists and expert computer scientists. Our advisors and partner institutions are key opinion leaders in their respective spheres and provide an inimitable edge to our efforts. Our in-house team of robotics experts, computer scientists and medical experts believe in redefining the boundaries of what’s possible today to enhance the healthcare experience for everyone tomorrow.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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