LG CNS and Kakao Ventures chipped into a $25.7m round for the medical imaging-analysis platform developer, boosting its overall funding to $46m.

South Korea-based medical imaging system developer Lunit has secured ₩30bn ($25.7m) in a series C round that included LG CNS and Kakao Ventures, subsidiaries of diversified conglomerate LG and internet company Kakao.

The round included Legend Capital, the venture capital firm formed by conglomerate Legend Holdings, as well as Intervest, Shinhan Investment Corp and NH Investment & Securities.

Founded in 2013, Lunit has developed software capable of analysing medical images such as X-rays in real time. It plans to use…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.