VC Fund Investments
Diagnostics platform 5C Network raises $4.6 M from Celesta, Unitus, Axilor, others
Bengaluru-based medical diagnostics platform 5C Network has raised USD 4.6 million in a Series A funding round led by venture capital firm Celesta Capital, with participation from existing investors Unitus Ventures, Axilor Ventures. Angel investors Ajay Gupta, Rohit Razdan, and Shiv Tallam also participated in the funding round. The startup's primary offering is its artificial intelligence-driven platform, Prodogi, which is claimed to deliver radiological reports to hospitals in over 300 Indian cities. 5C Network will use the fresh funds to accelerate sales, hire talent, and build infrastructure for its data science and clinical teams.
From the Venture Intelligence PE-VC Deal Database: Between Jan-19 and Jan-21, 5C Network had attracted over USD 1.75 million in seed funding round from Unitus Ventures, Axilor Ventures Tata 1mg and angels. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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