GE Healthcare, a unit of General Electric Company, has participated in a $10m round of funding for Ornim Medical, which brings Ornim's funding to a reported $20-30m.
Ornim Medical, a biomedical device technology company pioneering non-invasive patient monitoring solutions for cerebral and tissue blood flow, has completed a funding round of $10m led by private equity fund investor OrbiMed Israel, with participation by General Electric unit GE Healthcare and venture capital fund Aate Medical Investments.
The funding is the second phase of the previous equity round carried out by the company in 2012, where OrbiMed, GE, and Agate invested a total of $10m. According to Ornim, the…
