Latest news with #KoningVeraBreastCT
Yahoo
22-05-2025
- Business
- Yahoo
Koning Health Announces Series C Raise Through Strategic Partnership with Sage Tap Poder
NORCROSS, Ga., May 22, 2025 /PRNewswire/ -- Koning Health, the commercial-stage medical imaging company behind the revolutionary Vera Scan, announced the launch of its official Series C fundraising round in coordination with Sage Tap Poder SPV. The raise is being conducted as a Rule 506(c) offering under Regulation D and is open exclusively to verified accredited investors. Sage Tap Poder's SPV (special purpose vehicle) will directly invest in Koning, supporting the company's next phase of growth as it scales the rollout of the Koning Vera Breast CT (Koning Vera)—the first and only FDA-approved 3D breast imaging system for diagnostic use that delivers high-resolution images without compression or discomfort. "This Series C round marks a major milestone in our mission to transform breast imaging and empower women with a more accurate, comfortable, and accessible alternative to traditional mammography," said Matthew Stack, CFO of Koning. "Partnering with Sage Tap Poder allows us to bring a broader base of accredited investors into the Koning family at a pivotal time in our commercial expansion." The funding will accelerate deployment of the Koning Vera in clinics and hospitals across the US, drive reimbursement strategy and adoption among radiologists, and fuel ongoing innovation in 3D imaging technology. Koning's unique approach replaces the decades-old standard of painful breast compression with a fast, comfortable, and patient-friendly scan that captures a full 360-degree view of breast tissue in 7 seconds per breast—ideal for dense tissue, calcification detection, and routine imaging. "We're proud to support a company that's redefining women's health through breakthrough imaging technology," said Kirk Honour, Managing Partner at Sage Tap Poder. "This opportunity gives accredited investors the chance to invest in a category-defining medical device company with strong commercial traction and a clear path to scale." About Koning Health About Koning: Koning is a global Health Technology company focused on improving the breast imaging industry with its patented Koning Vera Breast CT. Koning's vision is to create a revolution in medical imaging through advanced computed tomography technology that dramatically improves the way clinicians visualize and evaluate breast tissue. The Koning Vera is expected to optimize early disease detection, diagnosis, and intervention by the clinician. For more information, please visit Koning's website. Accredited investors interested in participating in the offering can contact Kirk Honour at or 888-558-5228 x803 to learn more about the opportunity. View original content to download multimedia: SOURCE KONING CORPORATION
Los Angeles Times
25-04-2025
- Health
- Los Angeles Times
AI fetal tracing technology funded by Hoag Innovators contracts C-section rate
Dr. Lisa Karamardian made the pitch for funding to the Hoag Innovators in October 2023. In a 'Shark Tank' style of meeting, Karamardian sought to convince donors to provide money for PeriGen artificial intelligence technology, an automated early warning system for obstetrics. Karamardian, Hoag's Jeffrey M. Carlton Endowed Chair in Women's Health in honor of Dr. Anne M. Kent, received nearly $300,000 in funding that night. Eight months later, in July, the PeriWatch Vigilance software was out of the box and ready to be used for patients at Hoag in both Newport Beach and Irvine. There were a record 8,387 babies born at Hoag last year, the second-highest volume in the state. PeriWatch helped Hoag improve outcomes for hundreds of mothers and babies, although Karamardian admitted there was skepticism from nurses about the software at first. PeriWatch Vigilance helps guide care and decision-making more collaboratively, rather than subjectively, said Tiffany Stewart, Hoag's executive director of maternal child health. Stewart explained how the software's real-time analysis during labor guides physicians. 'If you and I and Dr. Karamardian were all standing together, we could look at a color [the software] shoots [across a computer screen],' Stewart said. 'We would know how we're doing, related to if we can continue the labor or if we need to make the decision that this baby needs to be delivered sooner.' That real-word application is key to Hoag Innovators, which meets biannually and held its spring meeting on April 16 at The Cove at UC Irvine. Robert Brunswick, a Newport Beach resident who founded Hoag Innovators with his wife Kitty in 2017, said that it has raised more than $28 million since its inception and is aiming for $50 million by 2028. The group now has 151 members, each of whom contribute at least $250,000. At last week's meeting, two pitches received their full amount of requested funding, $500,000 each. Dr. Alison Wu, medical director of Hoag's OB/GYN hospitalist program, was funded for an obstetric and perinatal simulation lab. Dr. January Lopez, the medical director of breast imaging at the Sue J. Gross Comprehensive Breast Center, was funded for the Koning Vera Breast CT, a high-resolution 3D breast imaging system. 'Dr. Wu's simulation center is going to train all of the doctors in my department, and my nursing staff,' Karamardian said. 'It's just helping us to keep getting to the next level.' Brunswick told the Hoag Innovators that he was proud of what they had built together, but most impressive to him was the new faces that were showing interest. 'It's not write a check, go home and not think about it again,' he said. 'It's engage, educate, connect.' The PeriGen technology has helped Hoag cut its cesarean section rate from almost 29% to between 24 and 25%, Stewart said. That might not sound like a lot, but considering the volume of babies that Hoag delivers, it is considered significant. 'We want to promote vaginal birth and prevent the first C-section from happening,' Stewart said. 'Some patients have to have a C-section depending on their diagnosis, but we work as a team to prevent that first C-section. PeriGen has helped ensure that we're giving our patients the best chance to labor longer and safer, by utilizing this technology.' Michelle Wood of Newport Beach is one patient who has benefited from the technology. Wood had a scheduled labor induction at Hoag Newport Beach last September, for the delivery of her baby boy with her OB/GYN, Dr. Vinita Speir. 'The nurse was trying to get me comfortable to where I could rest a little bit.' she said. 'Then, excuse my language, but all hell broke loose.' The doctor came running back into the room, and nurses surrounded her bed. Wood later found out that PeriWatch Vigilance had detected that her blood pressure was tanking into the 80s, making her son's heart rate go very low. 'I had what they later identified was an amniotic fluid embolism,' Wood said. 'Technology picked up that I needed to be delivered immediately.' She was taken to the operating room, where an emergency C-section was performed. Wood's blood still wasn't clotting, and it took nine hours for her to be stabilized and meet her newborn son. Ethan is now 7 ½ months old and a healthy baby. Karamardian knows that the PeriGen technology has helped the Wood family and many others, and she has the Hoag Innovators to thank. 'When you start to trust the technology and figure out how to use it to its best capabilities to augment what we were already doing and already know, I think that's when you really start to see a lot of changes,' said Karamardian, who lives in Newport Beach. She said the Innovators remind her of the way medicine used to be 30 years ago, when there wasn't as much managed care and control. 'Now I'm looking for the next new shiny toy that we can make use of,' she added with a laugh. Hoag Innovators will hold its next meeting on Oct. 16 at Newport Beach Country Club.
