Butterfly Network Public Company (NYSE:BFLY)
🚀 Merged with Longview Acquisition Corp. on November 20, 2020. in a SPAC deal worth $1.5B, raising $584M in the process.
Butterfly Network is developing technology at the intersection of semiconductor engineering, artificial intelligence, and the cloud with the idea to "democratize ultrasound." The company's Butterfly iQ and iQ+ systems offer whole body imaging under $2k, along with unlimited, secure HIPAA-compliant storage. Said systems include a small, smartphone-connected ultrasound probe that fits in a pocket for transport to the most remote care sites. Butterfly iQ is commercially available in more than 20 countries including the United States, Canada, greater Europe and Australia.Funding 💰
Total $400M
Select investors Calibrium, Stanford University, Fidelity Investments, Bill & Melinda Gates Foundation, Wellington Management, UPMC
Last update: September 4, 2021
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