Australia-based 4DMedical, the leader in software-based respiratory imaging technology, has announced $100+ million (AU$150 million) in new institutional placement.
The investment will primarily be leveraged to accelerate US adoption of its class-leading "CT:VQ™" product and significantly boost research and development—bolstering 4D's technology lead in software-based lung imaging.
CT:VQ™ is 4DMedical's FDA-cleared, SaaS technology that provides ventilation and perfusion insights from CT imaging.
4DMedical will use the funding to expand US availability of CT:VQ™ and support health systems with implementation at scale, including:
Following the raise, 4DMedical reported a pro forma cash position exceeding $130+ million (AU$200+ million), which will support the company's US expansion strategy and growing installed base.