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Samsung Medison to acquire French AI ultrasound startup Sonio for $92.7M | TechCrunch

Samsung Electronics’ medical device unit Samsung Medicine, which specializes in developing diagnostic imaging devices, said on Wednesday it plans to acquire sonioA Paris-based startup that creates AI-powered software for ultrasound workflows Approximately $92.7 million (KRW 126 billion),

The French startup’s AI assistant aims to help obstetricians and gynecologists in evaluating and documenting ultrasound examinations, and it has also received regulatory clearance in the United States (FDA 510(k)) for Sonio Detect, a Product that uses deep learning algorithms to improve the image quality of ultrasound scans in real time.

Samsung Madison said Sony’s software will help bring better AI-powered imaging workflows to the market. Samsung Electronics, which holds a 68.45% stake in the medical device unit, acquired Medison in 2011 for $22 million.

Samsung said in a statement that following the acquisition, SonyO will remain an independent company and will continue to grow commercially and offer products and services in France.

Co-founded in 2020 by Cécile Brosset (CEO) and Remi Besson (CSO), Sonio recently secured $14 million. Series A led by Cross Border Impact Ventures in August 2023, According to this, the company has raised a total of $27.2 million. TraxonAnd its investors include Alaya, BpiFrance French Tech Seed, OneRagTime and some angel investors.

“Through the acquisition of Sony, Samsung Madison will continue to deliver on its promise to improve people’s quality of life with technology,” said Samsung Madison CEO Yong Kwan Kim. “The collaboration with Sonio will bring together best-in-class ultrasound AI technology and reporting capabilities to drive a paradigm shift in prenatal ultrasound exams.”

“Samsung Madison’s established global ultrasound business combined with Sonio’s advanced AI creates an exciting growth opportunity for both parties,” said Brossett, CEO of Sonio. “We have found a wonderful, trusted partner in Samsung Madison to advance and accelerate our roadmap and mission. In addition to the close collaboration with Samsung Medicine, as an independent company, Sonio will continue to advance medical reporting technology and diagnostic software globally, including in underserved areas in healthcare.

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