L to R Kahun Co-Founders Eitan Ron, Michal Tzuchman Katz and Tal Goldberg – CT (company pic)
Kahun, an Israeli medtech startup that uses Artificial Intelligence (AI) to offer doctors a clinical assistant, raised $8 million in a seed funding round led by LocalGlobe with the participation of European Innovation Council (EIC) Fund as part of the EIC Accelerator program and The Founders Kitchen (TFK). Kahun has now brought in a total of $13 million in funding to date.
The Founders Kitchen investment fund is led by Uri Levine, founder of Waze. It invests in in startups that address “big problems, disrupt inefficient markets and improve dysfunctional services, empowering users with relevant and timely data and tools,” with the goal of generating significant and global impact through our startups.
This certainly applies to many Israel Startup Nation firms, where medtech is big. This is probably because of all of the expert medical scientists in the country. In the last few months alone, companies like Cytoreason, an Israeli medtech startup, raised $20 million for developing a computational model of the human body. The company collects proprietary data from pharma companies and uses it to simulate human diseases – tissue by tissue, cell by cell. And Olive Diagnostics raised funds for its KG, the world’s first artificial intelligence (AI)-based optical device capable of early detection of diseases at home or in the clinic. Basically, you will soon be able to do your own stool and urine tests and more from the comfort of your own home.
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Founded in 2018 by CEO Eitan Ron, CMO Michal Tzuchman Katz and CTO Tal Goldberg, Kahun conducts clinical assessments using patient input and provides recommendations for further evaluation to provide healthcare providers with relevant clinical information and insights.
By developing technology that follows the same building blocks physicians are trained by and in which they could trust, Kahun serves as the medical CPU of every practice, helping to reduce the burden on healthcare providers, improve patient interaction and deliver better care.
“This funding empowers Kahun to continue updating and improving the world’s largest map of evidence-based medical knowledge,” says Eitan Ron, Co-Founder and CEO of Kahun. “The technology behind our AI-solution follows the same building blocks that trained physicians rely on. By using peer-reviewed texts and trusted academic literature from every area of medicine, we built a digital medical advisor that is trained to think like a physician and relieves the burden they face by integrating tools that they can trust into their workflows.”
