Savana, a machine learning-based service that turns medical notes into structured affected person data for physicians and pharmacists, has raised $15 million to take its know-how from Spain to the U.S., the corporate stated.
The funding was led by Cathay Innovation with participation from the Spanish funding agency Seaya Ventures, which led the corporate’s earlier spherical, and new traders like MACSF, a French insurance coverage supplier for docs.
The corporate has already processed 400 million digital medical information in English, Spanish, German, and French.
Based in Madrid in 2014, the corporate is relocating to New York and is already working with the world’s largest pharmaceutical firms and over 100 healthcare services.
“Our mission is to foretell the incidence of illness on the affected person stage. This focuses our sources on discovering new methods of offering medical data nearly in actual time — which is extra pressing than ever within the context of the pandemic,” stated Savana chief government Jorge Tello. “Healthcare challenges are more and more world, and we all know that the appliance of AI throughout well being information at scale is crucial to speed up well being science.”
Firm co-founder and chief medical officer, Dr. Ignacio Hernandez Medrano, additionally emphasised that whereas the corporate is amassing a whole bunch of hundreds of thousands of digital information, it’s doing its greatest to maintain that data personal.
“One in all our important worth propositions is that the knowledge stays managed by the hospital, with privateness assured by the de-identification of affected person information earlier than we course of it,” he stated.