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Philips

Amstelplein 2, Amsterdam, Noord-Holland, 1096 BC, The Netherlands

Overview

Philips builds the Lumify AI-guided handheld ultrasound, designed so midwives and non-expert users can perform maternal scans after only a few hours of training. The system’s AI guidance reduces the need for an expert sonographer, improving access to prenatal imaging where trained technicians are scarce. Philips reports positive outcomes from deployments in Kenya, where midwives are effectively using the devices. The company received an additional $44.6 million from the Bill & Melinda Gates Foundation to support global adoption of the AI capability and the Lumify platform. That brings total Gates Foundation funding to $60 million, following a $15.4 million investment in 2021. Philips and the Gates Foundation say the funding will help improve maternal health and bring health technology to underserved areas worldwide.

Total raised
$45M
Funding rounds
1
Latest round
Equity
Latest activity
Nov 2023

Industries

  • B2B
  • Consumer Electronics
  • Electronics
  • Lighting
  • Wellness
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Recent funding

  1. Equity

    Nov 2023

    $45M

Team

  • Neil Mesher

    CEO and SVP, UK and Ireland

  • Gerard Philips

    Co-Founder

  • Frederik Philips

    Co-Founder

  • Sergio Levi

    Vice President - Head of Strategic Alliances and Corporate Ventures

    LinkedIn