ProSight
XRF-Guided Biopsy - A Transformative Modality in Prostate Cancer
StartupProSight is a Bat Yam-based startup in the Health Tech & Life Sciences sector, established in 2017. XRF-Guided Biopsy - A Transformative Modality in Prostate Cancer. The company has raised a total of $6.05M across 2 funding rounds, currently at the Seed stage. ProSight was founded by Avi Simon and Meir Weksler. Key investors include Founders . The company has 1-10 employees. Core technologies: Simulation & Imaging, Biologicals, Artificial Intelligence.
With $6.05M in total funding, ProSight is a Seed-stage company operating in Health Tech & Life Sciences. The company follows a B2B business model. Product stage: Clinical Trial. The company holds 1 patent.
- StageSeed
- ProductClinical Trial
- ModelB2B
- Employees1-10
- HQBat Yam
- DistrictCenter District
- Last Round$50K
- Founders
Avi SimonFounder
Meir WekslerCo-founder & CTO
What does ProSight do?
ProSight is a medical device startup spun out of the Weizmann Institute of Science, developing a real-time ex-vivo biopsy samples scanner, potentially transforming prostate cancer diagnosis based on new, never-used-before biomarkers, addressing the limitations in all biopsy procedures. Need: Current methods in prostate cancer biopsy often miss tumors and lead to unnecessary procedures, resulting in patient anxiety, delayed treatment, and increased healthcare costs. Science: Zinc depletion in the prostate is the most accurate cancer biomarker known to science. (~1,800 articles in the last 25 Yrs) Novelty: Fast X-ray fluorescence scanning of the fresh biopsy samples during biopsy, for computing the cancer severity Clinical Use and Impact: During-biopsy, real-time cancer grading of the biopsy samples, eliminating randomness, allowing real-time guidance to suspicious regions - thus harvesting the most relevant samples. ~ Doubling Detection Rate and Cancer Characterization Accuracy Minimizing over/under treatment; earlier detection (Zn depletion precedes other cancer signs) maximizing the likelihood of detecting all tumors in the 1st biopsy, Readiness: Prototype; Patents (one granted); Successful Clinical studies in local MCs; Regulatory Strategy (510k) in place for the 1st release, backed by Hogan Lovells; money injection to date - ca $6M (bootstrap mode); article published (https://www.mdpi.com/2075-4418/13/3/424/pdf) Plans: Raising round A - $8M (the Israeli Innovation Authority will add non-dilutive funding ~$4M); Completion of product development (first generation) and FDA submission - in 12 months following investment; FDA clearance and 1st product launch - 18 months; Reimbursement and start-of-sales - 24 months. Team: High-tech veterans with diverse executive roles, led a number of breakthrough projects. Capable of initiating all critical paths. Achievable goal: Become Standard of Care in prostate cancer biopsy and diagnosis - a $10Bn market.
How much funding has ProSight raised?
ProSight has raised $6.05M in total funding across 2 rounds. The company is currently at the Seed stage. Key investors include Founders .
Who founded ProSight?
ProSight was founded in 2017 by Avi Simon (Founder), Meir Weksler (Co-founder & CTO).
What sector is ProSight in?
ProSight operates in Health Tech & Life Sciences, Medical Devices, Diagnostics Devices, with core technologies in Simulation & Imaging, Biologicals, Artificial Intelligence. Target customers: Healthcare & Life Sciences, Healthcare, Providers.
Where is ProSight located?
ProSight is based in Ha-Nevi'im St 65, Bat Yam, Israel, Center District.