Sequoia India’s Surge backs healthtech startup RedBrick AI in $4.6M funding • TechCrunch

Healthtech startup RedBrick AI has raised $4.6 million in a investment spherical led through Sequoia India and Southeast Asia’s Surge because it plans to make bigger the marketplace for its clinical imagery annotations resolution.

Synthetic intelligence has transform ubiquitous in scientific analysis. However researchers want a lot in their preliminary time getting ready knowledge for coaching AI techniques. The learning procedure additionally calls for loads of annotated clinical photographs and 1000’s of hours of annotation through clinicians. The Delaware-headquartered SaaS startup, which has an Indian subsidiary in Pune, is fixing that downside with its computerized and semi-automated annotation gear.

RedBrick AI co-founder and CEO Shivam Sharma mentioned the startup is helping make annotations as much as 60% quicker the usage of its configurable workflow machine that works with clinical imagery akin to CT scans, X-rays, MRIs and ultrasound.

“We see ourselves construction the foundational layer of man-made intelligence in healthcare. Sooner or later, we need to lend a hand groups with the whole thing from the knowledge preparation to FDA clearance of the algorithms,” Sharma mentioned in an interview with TechCrunch.

Based in 2021 through former SpaceX Hyperloop engineers Sharma and Derek Lukacs (who serves as CTO), RedBrick AI gives specialised annotation gear that may be accessed thru a internet browser and built-in inside consumers’ present knowledge garage machine, akin to AWS, Google Cloud Platform and Azure. For annotating complicated 3-D clinical photographs, it additionally has semi-automated gear.

Redbrick AI

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RedBrick AI moreover supplies APIs that system studying engineers can combine with their cloud answers and scientific knowledge shops, together with health center endeavor PACS servers.

“Clinicians simply wish to log into their browser, and the workflow side of it’s all computerized,” Sharma mentioned.

As soon as as it should be annotated, imagery can be utilized for quicker and extra detailed analysis. The annotated imagery will also be utilized by surgical robots and to automate detection of cancers.

RedBrick AI has a seven-member crew this is most commonly founded in India, regardless that the startup focuses essentially at the U.S. and Europe for advertising its gear. The startup additionally sees 99% of festival coming from open-source gear, adopted through the in-house ones advanced through firms to handle their particular necessities.

The early buyer base of RedBrick AI comprises Germany’s biotech startup Orbem, Canada’s most cancers and illness screening platform Prenuvo, Boston-based non-profit health center and doctor community Mass Basic Brigham and Maharashtra’s radiology AI platform Deeptek.

The all-equity seed spherical additionally noticed participation from Y Combinator and angel buyers. Ahead of this spherical, the startup used to be named amongst Y Combinator’s Iciness 2022 cohort that used to be ruled through 32 Indian startups.

Sharma mentioned RedBrick AI plans to make use of the fund to move past its present buyer base and achieve enterprises. It additionally plans to rent new engineers to make bigger the specialised toolset.

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