Openwater Secures $100 Million to Sort out Ailments on the Mobile Stage

Openwater Secures $100 Million to Sort out Ailments on the Mobile Stage

What you want to know:

– Openwater, a pioneering healthcare expertise firm, right now introduced the acceleration of its plans to commercialize its breakthrough platform that makes use of semiconductor physics, gentle and sound to diagnose and deal with illness on the mobile degree.

– Openwater, based by Mary Lou Jepsen, former government at Google X, Meta and “One Laptop computer Per Little one,” has secured $100 million in funding to additional its mission of creating superior medical care accessible worldwide. The funding spherical was backed by main traders together with Plum Alley Ventures, Khosla Ventures, BOLD Capital Companions, Esther Dyson and Peter Gabriel.

Combating ailments with expertise

Openwater’s progressive platform combines high-resolution infrared imaging, finely tuned ultrasound, and focused electromagnetic fields to allow unprecedented visualization, monitoring, and therapy of organic issues. This distinctive method has the potential to revolutionize healthcare by delivering extra correct diagnoses, focused therapies, and improved affected person outcomes.

Key options of the platform embrace:

  • Precision and selectivity: The platform can selectively destroy most cancers cells whereas leaving wholesome cells untouched, much like the precision with which an opera singer breaks a selected wine glass.
  • Versatility: Preclinical and scientific research have demonstrated the potential of the expertise in a number of medical fields, together with oncology, neurology and ophthalmology.
  • Open supply method: By adopting an open-source mannequin, Openwater goals to speed up medical innovation and scale back the time and prices related to bringing new medical units to market.

Addressing international healthcare challenges

Openwater's expertise has the potential to deal with a variety of key challenges dealing with the healthcare sector:

  • Accessibility: The corporate's concentrate on affordability and accessibility goals to make superior medical care out there to a wider inhabitants.
  • Financial burden: By decreasing the price of medical tools, Openwater can ease the financial burden on healthcare methods and people.
  • International well being disparities: The expertise can enhance affected person outcomes and assist tackle international well being disparities.

“As a mind tumor survivor, I’m not simply creating expertise; I’m preventing for my life and the lives of tens of millions of individuals like me,” stated Mary Lou Jepsen, founder and CEO of Openwater. “We’ve shrunk mind tumors and handled despair utilizing lower-intensity sound waves than fetal ultrasound.”

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