Medical devices
The company also has pending approvals for the device in Australia and Thailand.
Researchers found remote patient monitoring use among Medicare beneficiaries increased from 91 claims per 100,000 enrollees in February 2020 to 594 claims per 100,000 enrollees in September 2021.
The clearance signals the company's move to offer medical AI devices to consumers.
Exo said integrating Medo's AI tools into its platform will let healthcare workers with less ultrasound expertise capture and interpret images.
The cuffless device uses a sensor array over the radial artery to produce a pressure waveform that's used to determine systolic and diastolic blood pressure.
Also: Butterfly Network reports a year-over-year revenue increase of more than 25%, with a $44.5 million net loss, and One Medical announces a significant jump in revenue.
The startup said the round brings its total raise to $17.5 million.
![[Left] Tara Croft, Baymatob CEO; [Center] Dr Sarah McDonald, CVO and founder; [Right] Victor Windeyer, fund manager at Australian Unity](/sites/mhn/files/styles/230x130/public/2025-07/sarah%2520tara%2520vic.jpg?itok=_-_3IIT4)
Oli uses sensors and AI to identify mothers who are at high risk of developing abnormal postpartum haemorrhage.
The Neural Sleeve uses electrical stimulation to help people with neurological conditions walk more easily.
The non-prick device can measure blood glucose and monitor blood pressure without pressure cuffs.