Cnoga Medical

Company Overview

Snapshot

Founded in January 2004, Cnoga Medical operates with 11–50 employees and has raised $62.5 million across two funding rounds from three investors. In March 2017, the company secured a significant investment from BOE.

Business overview

Cnoga Medical is a digital healthcare company specializing in noninvasive medical devices for remote patient monitoring. The company provides complete end-to-end virtual care services, integrating its proprietary noninvasive technology with digital healthcare platforms through partnerships. Utilizing artificial intelligence and deep-learning methods, Cnoga Medical's technology aims to enable needle-free blood tests for chronic disease prevention and improved quality of life. Its platform is ISO13485:2016 registered, certified, and commercialized in Europe, Asia, and South America, with an ongoing FDA submission process in the United States. The company operates within the Health Tech & Life Sciences sector, focusing on medical devices, digital healthcare, and patient remote monitoring.

Strategic signal

In March 2017, Cnoga Medical secured a $50 million investment from China's BOE. This significant capital infusion from a major international player like BOE signals strong validation of Cnoga Medical's noninvasive medical device technology and its potential for global market expansion, particularly in the Asian market. For investors, this indicates a strategic partnership that could accelerate product development and market penetration for its telemedicine solutions.

Company Intelligence Q&A

What is Cnoga Medical's core focus?

Cnoga Medical develops noninvasive medical devices to provide complete end-to-end solutions for remote patient monitoring, offering full virtual care services.

When was Cnoga Medical founded?

Cnoga Medical was founded in January 2004.

What was a key funding event for Cnoga Medical?

In March 2017, Cnoga Medical raised $50 million from BOE, a Chinese company.

What technology does Cnoga Medical utilize?

Cnoga Medical combines artificial intelligence and deep-learning methods with noninvasive devices and digital platforms for its healthcare solutions.

What is the status of Cnoga Medical's regulatory approvals?

Cnoga Medical's platform is registered to ISO13485:2016, certified, and commercialized in Europe, Asia, and South America, and is currently in the FDA submission process in the United States.