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Clinics On Cloud Raises $12.5M for Global Health Tech Push
2 Nov
Summary
- Health-tech startup Clinics On Cloud secured $12.5 million in Series A funding.
- Funds will enhance AI capabilities, R&D, and microclinic network expansion.
- UAE to serve as global expansion hub, targeting Africa, US, and Asia.
Pune-based health-tech startup Clinics On Cloud announced it has secured $12.5 million in a Series A funding round. The investment was led by Dubai-based investors through Model42, powered by Enlightened Minds Investments. This funding is earmarked for enhancing its artificial intelligence (AI) capabilities and expanding research and development initiatives.
The capital injection will also support the growth of Clinics On Cloud's connected microclinic network and facilitate its international expansion. The United Arab Emirates (UAE) is set to become the company's global hub, with plans to explore opportunities in Africa, the United States, and Southeast Asia.
Clinics On Cloud, founded in 2018, focuses on preventive healthcare through technology-enabled infrastructure. The company has already achieved over 3,500 deployments and conducted more than 12 million health screenings across eight countries. Its diverse portfolio includes Health ATMs, Health Lounges, Box Clinics, and Mobile Medical Units, all designed to integrate preventive screening, AI insights, and telemedicine.
The company aims to establish strategic partnerships with various organizations to deploy its connected microclinic solutions. This infrastructure has been deployed in diverse settings, including government health centers, corporate campuses, rural communities, and Indian defense establishments. Clinics On Cloud also intends to collaborate with global innovators to integrate advanced AI and screening technologies into its platform.
