Augmented reality startup that gives interventional radiologists ‘X-ray vision’ during procedures raises $24M
MediView, a medical technology company that creates 3D models via CT scans, has raised $24 million in funding from GE HealthCare and others.
Founded in 2017 using intellectual property developed at the Cleveland Clinic, the startup has introduced a new FDA-cleared surgical navigation and imaging platform. The technology allows physicians to see anatomy through a patient’s skin during medical procedures.
Providers can interact with 3D patient data and live medical imaging in real time, “integrating advanced visualization with precision procedural guidance. GE HealthCare led the Series A financing round, with contributions from the Cleveland Clinic, Mayo Clinic, Emplify Health system and JobsOhio.
“We are redefining how to understand and navigate the relationship between interventional tools and target anatomy, making less invasive procedures more predictable and accessible,” Mina Fahim, MediView CEO, said in an Oct. 6 announcement. “Our partnership and collaboration with GE HealthCare, Cleveland Clinic, Mayo Clinic and Emplify Health accelerates our ability to expand clinical and commercial adoption of our innovative solutions towards improving outcomes, enhancing safety and creating a new standard in interventional care.”
MediView previously earned U.S. Food and Drug Administration clearance for its technology and secured $15 million in financing in 2023. It plans to use the funding to accelerate commercialization, clinical validation, global expansion and development of its platform. Fahim and colleagues believe the technology represents a “paradigm shift in how physicians plan, navigate and perform minimally invasive procedures.”
The funds also will help expand industry partnerships, advance research and regulatory approvals, and grow operational capacity. MediView notes that current interventional approaches force physicians to translate 2D imaging and flat black and white displays into “3D mental maps.” This can put a cognitive burden on radiologists and other docs as they perform procedures, leading them to divert their eyes and disrupt hand-eye coordination. MediView seeks to replace this limitation, giving clinicians “X-ray vision” during procedures.
Its platform fuses 3D CT scans with live ultrasound, enabling real-time, interactive visualization of organs, tissue, vasculature and anatomy such as tumors.
“Our collaboration with MediView reflects a shared commitment to integrating advanced imaging with intuitive augmented reality technologies that have the potential to transform precision care,” Meraj Khan, GE HealthCare’s chief marketing officer of surgical innovations, said in the announcement. “We’re proud to help lead this funding round and redefine how clinicians visualize anatomy in real-time to enhance procedural guidance and navigation.”
Marty Stempniak has covered healthcare since 2012, with his byline appearing in the American Hospital Association's member magazine, Modern Healthcare and McKnight's. Prior to that, he wrote about village government and local business for his hometown newspaper in Oak Park, Illinois. He won a Peter Lisagor and Gold EXCEL awards in 2017 for his coverage of the opioid epidemic.