Techsomed
Ultrasound-based Real-time Monitoring Systems for Thermal Ablation
StartupTechsomed is a Rehovot-based startup in the Health Tech & Life Sciences sector, established in 2012. Ultrasound-based Real-time Monitoring Systems for Thermal Ablation. The company has raised a total of $12.9M across 5 funding rounds, currently at the B stage. Techsomed was founded by Yossi Abu. Key investors include Axil Capital, NextLeap Ventures, Cobro Ventures, among 9 total investors. The company has 11-50 employees. Core technologies: Platforms & Interfaces, Software.
With $12.9M in total funding, Techsomed is a B-stage company operating in Health Tech & Life Sciences. The company follows a B2B/B2B2C business model. Product stage: Released. The company holds 1 patent.
- StageB
- ProductReleased
- ModelB2B, B2B2C
- Employees11-50
- HQRehovot
- DistrictCenter District
- Last Round$2.5M
- Axil CapitalLead
- NextLeap Ventures
- Cobro Ventures
9 investors total
Yossi AbuFounder & CEO
11 articles covered by sources including www.prnewswire.com,
evtoday.com,
www.jetro.go.jp,
en.globes.co.il.
What does Techsomed do?
Techsomed leverages generative AI to transform ablation therapy, a minimally invasive technique for treating tumors, heart arrhythmias, and chronic pain. The company’s first offering, the BioTraceIO360 software suite, focuses primarily on liver tumor ablation procedures. Leveraging standard medical imaging modalities such as Ultrasound, CT, and MRI, Techsomed empowers physicians with tissue damage prediction, advanced patient-specific treatment planning, and interactive ablation procedure analysis. Techsomed secured FDA De-Novo clearance for its post-ablation tissue response prediction offering, positioning BioTrace as the first and only FDA-cleared solution of its kind. Complemented by a 510K clearance for ablation treatment planning and confirmation, these flagship products lay the foundation for the comprehensive BioTraceIO360 Solution. Operating globally, Techsomed maintains a subsidiary in Germany, housing an advanced R&D center—a spin-off from Fraunhofer, a leading German research institution specializing in imaging software solutions. Additionally, a subsidiary in Japan supports commercialization efforts in the Japanese and other Asian markets.
How much funding has Techsomed raised?
Techsomed has raised $12.9M in total funding across 5 rounds. The company is currently at the B stage. Key investors include Axil Capital, NextLeap Ventures, Cobro Ventures.
Who founded Techsomed?
Techsomed was founded in 2012 by Yossi Abu (Founder & CEO).
What sector is Techsomed in?
Techsomed operates in Health Tech & Life Sciences, Digital Healthcare, Medical Decision Support, with core technologies in Platforms & Interfaces, Software. Target customers: Healthcare & Life Sciences, Healthcare, Providers.
Where is Techsomed located?
Techsomed is based in Derech Meir Weisgal 2, Rehovot, Israel, Center District.