Samsung may invest in $100M round for medical imaging startup Exo

Samsung’s venture investment unit is looking to invest in California-based medical device startup, Exo, in a round that could climb to $100 million, Bloomberg reported, citing anonymous sources.

The round is being led by Sands Capital, Bold Capital, and Qubit Health Capital, the report said, adding that Qubit’s chairman, Omar Ishrak, would join Exo’s board.

Founded in 2015, Exo makes handheld medical imaging devices that use a combination of artificial intelligence, medical imaging, and silicon technology for ultrasound examinations…