Doctors Raise $30 Million for Cancer Treatment AI Startup
Mar 14, 2024 - bloomberg.com
Pi Health, a startup specializing in the use of artificial intelligence for cancer treatment trials, has raised over $30 million in a Series A funding round. The round was led by AlleyCorp and Obvious Ventures, and the funds will be used to further develop its technology and establish new partnerships.
The funding will also enable Pi Health to become an independent company, three years after being incubated as a subsidiary of Nasdaq-listed BeiGene Ltd. The startup is based in Cambridge, Massachusetts.
Key takeaways:
Pi Health, a startup using AI in cancer treatment trials, has raised over $30 million in funding.
The funding round was led by AlleyCorp and Obvious Ventures.
The funds will be used to further develop its technology and establish new partnerships.
The funding will also launch Pi Health as an independent company, three years after being incubated as a subsidiary of BeiGene Ltd.
