Northwell launches ocular AI company with $12M investment

Northwell Holdings, the venture capital arm of New Hyde Park, N.Y.-based Northwell Health, partnered with Aegis Ventures to launch Optain, an artificial intelligence-powered ocular health company, with a $12 million seed investment.

Advertisement

Optain uses AI to analyze retinal scans and screen for multiple ocular conditions. The company is the first launched by Ascertain, Aegis and Northwell’s collaboration to develop AI healthcare companies, according to a May 9 Aegis news release.

Northwell Health will be Optain’s flagship commercial customer.

“The healthcare industry has made a concerted effort in recent years to shift treatment from reactive sick-care to proactive preventive care, but many of the legacy screening and diagnostic technologies used by clinicians today are expensive and inaccessible,” Optain CEO Jeff Dunkel, said in the release. “Optain will accelerate that shift and make preventive care ubiquitous by placing smarter, faster, and more efficient diagnostic tools in the hands of clinicians everywhere.”

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Innovation

Advertisement

Comments are closed.