Cortechs.ai closes on oversubscribed funding round

Cortechs.ai, an AI developer focused on neuroimaging and prostate imaging, has closed an oversubscribed Series C funding round led by Vilas Ventures.

The funds will be used to further advance the company's technological offerings and expand its product suite and market reach. Existing investor Genting Berhad, a global conglomerate, also participated in the round. The company did not disclose how much money was raised.

Daniel Livschutz, managing director of Vilas Ventures, will assume the role of Cortechs.ai board chair.

 

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