Canada-based FluidAI Medical has secured $15m in a Series A investment round to support its AI-powered postoperative patient monitoring system.
The round was led by SOSV and Graphene Ventures. Other investors including Boutique Venture Partners, Threshold Impact, Cur8 Capital, Leva Capital, Kyto Technology & Life Science, and Juno Pharmaceuticals also joined the fundraise.
Using the fresh infusion, FluidAI looks to enhance medical record integration, expand globally, and increase its staff headcount.
The company will also use the capital to develop artificial intelligence (AI)-based solutions for a wider range of postoperative complications.
FluidAI CEO Youssef Helwa said: “This funding not only validates our vision but also fuels our mission.
“At FluidAI, our goal is to continuously push the boundaries of what's possible in postoperative care, ensuring patients recover safely and quickly.
“With the trust and support of our investors, we're poised to make a monumental impact on how data informs care decisions.”
FluidAI Medical specialises in using AI to monitor patients after surgery, helping to identify complications and adverse outcomes early.
The company stated that the surgical procedures can lead to complications. These include infections, bleeding, and wound healing issues, and in some cases, serious conditions such as anastomotic leaks, which can result in sepsis and death.
The complications are said to create additional burdens on healthcare systems, prolong hospital stays, and increase medical expenses.
To fix these, FluidAI's Stream Platform uses advanced sensors and AI algorithms to detect anastomotic leaks, allowing for early intervention and improved clinical outcomes.
According to the company, this investment highlights the demand for solutions that enhance patient safety, reduce hospital stays, and lower healthcare costs.
SOSV GP Duncan Turner said: “FluidAI is a perfect example of AI-powered proprietary sensing being developed to save lives.
“With FluidAI, surgeons can ensure better clinical outcomes, shorter hospital stays for patients, and cost efficiencies across the healthcare ecosystem.
“We’re thrilled to back the FluidAI team, a passionate group of scientists, engineers and healthcare professionals who are leading this compelling development in post-operative care.”
