Medical Technology Company Heru, Inc. Completes FDA Registration Following a $2.7M Seed Round
12/21/20, 6:14 PM
Location
bengaluruMoney raised
$2 million
Round Type
seed
Heru, a Bascom Palmer Eye Institute medical technology company developing a next-generation AI platform for vision diagnostics and augmentation, today announces its class I listing with the U.S. Food and Drug Administration (FDA) for its cloud-based augmented/virtual reality platform’s first diagnostic application for Visual Field Exams. Additionally, it closed a $2.7M seed investment round on June 15, 2020. The funding facilitates the completion of current clinical trials for FDA clearance of Heru’s wearable AI platform and subsequent commercialization efforts.
Company Info
Location
bengaluru, karnataka, india
Additional Info
Liking this story?yesnoIncubated out of Indian Institute of Technology, Madras, the company was founded by Satya Chakravarthy, a professor of aerospace engineering at the institute, along with Pranjal Mehta, who graduated from IIT Madras in 2019.Together with a team of around 15 engineers, the duo has tested a small-scale unmanned prototype of its flying electric taxi and is on track to build and fly a larger model with a 50 kg payload by mid-2021.ETtechWith a team of around 15 engineers, The ePlane Company has tested a small-scale unmanned prototype of its flying electric taxi and is on track to build and fly a larger model with a 50 kg payload by mid-2021.