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PhotoniCare Announces Over $7M in Funding

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PhotoniCare Inc. has announced it is receiving more than $7 million in funding to commercially expand its ear imaging technology, TOMi Scope. The company, which provides diagnostic tools for the health care industry, has been awarded more than $5 million in Series A financing from i2E Management Company Inc., with OSF Ventures, Sony Innovation Fund, and Dreampact Ventures serving as co-investors. PhotoniCare has also received more than $2 million in a Phase II Small Business Innovation Research grant from the National Institutes of Health (NIH). The National Institute on Deafness and...Read full article

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    Published: September 2020
    Glossary
    otoscope
    An otoscope is a medical device used by healthcare professionals, particularly ear, nose, and throat (ENT) specialists, primary care physicians, and pediatricians, to examine the ear canal and eardrum. It consists of a light source, a magnifying lens, and a speculum, which is inserted into the ear to provide a clear view of the ear canal and tympanic membrane (eardrum). Key components and features of an otoscope include: Light source: Otoscopes are equipped with a light source,...
    BiophotonicsPhotoniCareear canal imagingotoscopemedical imagingfundingBusinessgrantawardsPrism AwardsNIHNIDCDappointmentshealthcaremedicalmedicinepeoplePrism Awards 2020ImagingRapidScan

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