Techsomed Secures $2.6M for Groundbreaking Real-time Predictive Imaging System for Thermal Ablation

FacebookFacebookTwitterTwitterEmailEmailLinkedInLinkedInWhatsAppWhatsAppMessengerMessengerFlipboardFlipboardGmailGmailTelegramTelegramShareShare

REHOVOT, Israel, May 29, 2019 /PRNewswire/ — Techsomed, developer of BioTrace, the world’s first image analysis system for predicting post-treatment ablation morphology in real time, has secured $2.6M for further development towards obtaining FDA, PMDA, and CE regulatory approval.

The financing round was led by Johnson & Johnson Innovation – JJDC, Inc., with participation from existing and new investors: SCREEN Holdings (Japan), AMIT-Technion (the Alfred Mann Institute), NextLeap Ventures, and Axil Capital (Japan).

TRANSFORMING THERMAL ABLATION

Despite being the MIS modality of choice for indications such as cancerous solid tumors, heart arrhythmia, and chronic pain management, thermal ablation’s biggest hurdle to date is the inability to visualize and control actual tissue damage morphology in real time.

Using advanced proprietary AI and image analysis, Techsomed’s BioTrace system integrates with standard ultrasound devices to track the target tissue’s unique biological signature as it responds to heat during thermal ablation. This signature is used to visually simulate the post 24-hour thermal effect in real-time, thus enhancing the surgeon’s level of control and accuracy during the procedure. 

The system transforms thermal ablation therapies from guesswork into precise, real-time, feedback-dependent treatments that minimize healthy tissue damage and maximize target tissue ablation, resulting in higher efficacy and lower recurrence rates.

According to Fred Shane, Managing Partner of Axil Capital, “This investment signals our full confidence in Techsomed’s technology and abilities going forward. The BioTrace system targets and addresses an essential clinical need. We believe that overcoming surgical limitations through real-time predictive imaging will become the new standard of care, making thermal ablation safer and more effective.”

Says Techsomed founder and CEO Yossi Abu: “Techsomed’s BioTrace system was designed to empower surgeons to fully realize the potential in thermal ablation therapies by reducing potential complications. This latest round of financing will further empower us to develop and commercialize this critical technology.”

About Techsomed: Techsomed, a privately-held biotech company with headquarters in Israel, develops ultrasound-based real-time monitoring systems for thermal ablation procedures. Following the recent investment, TechsoMed will open a subsidiary in Japan, targeting commercialization in the Japanese and other Asian markets.

Talia Goshen, Biz Dev manager
TechsoMed Medical Technologies Ltd.
M: +972-546660322
E: talia.goshen@techsomed.com

 

View original content:http://www.prnewswire.com/news-releases/techsomed-secures-2-6m-for-groundbreaking-real-time-predictive-imaging-system-for-thermal-ablation-300858227.html

SOURCE Techsomed

Staff

Recent Posts

InstantGMP™ Announces Major Enhancements to GMP Certification Resource Center

CARY, N.C., Aug. 13, 2025 /PRNewswire/ -- InstantGMP™, a leading provider of software solutions for…

42 minutes ago

MARPAI REPORTS SECOND QUARTER 2025 FINANCIAL RESULTS

Marpai Slashes Losses by Two-Thirds in Q2 2025, Paving the Way to Profitability.Operating Expenses Cut…

42 minutes ago

Nursing Homes See Measurable Results and Rising Excitement Over Advanced AI Tool from Long-Term Care Tech Firm

CMI.ai by Blue Purpose — the first AI solution within the VIBE platform built to…

42 minutes ago

Colossal launches first-of-its-kind “Style Icon” competition in support of the Elton John AIDS Foundation

Presented by Elton John, David Furnish, and Charlotte Tilbury One trendsetter will attend Versace's 2026…

42 minutes ago

HopeAI Showcases AI-Powered Synthetic Data to Speed Up Cancer Drug Trials at ASCO 2025

NEW YORK, Aug. 13, 2025 /PRNewswire/ -- HopeAI , a Mayo Clinic Platform Accelerate company,…

42 minutes ago