Pre-Seed20 November 2024

Laennec AI secures pre-seed investment from SFC Capital and OVC Ventures to advance home medical devices.

The Cardiff-based medical technology firm raised pre-seed funding led by SFC Capital and OVC Ventures to expand its home diagnostic tools.

£10.4MPre-Seed

Laennec AI is a medical technology company that develops artificial intelligence driven medical devices for home use and chronic disease management. Based in Cardiff, the firm builds mobile applications that integrate advanced algorithms to allow remote patient monitoring by clinicians.

Laennec AI has secured a pre-seed investment from SFC Capital and OVC Ventures, alongside additional grant backing from the Welsh Government, Innovate UK, and the National Institute for Health Research. The Cardiff-based medical technology firm will use the capital to advance its artificial intelligence powered diagnostic tools designed for home use and remote patient monitoring.

Founded to decentralise medical treatment and improve accessibility, Laennec AI combines mobile applications with advanced algorithms to help patients manage chronic conditions such as asthma and heart failure from home. The fresh funding package brings together private venture backing and public sector support to accelerate product development and scale operations.

From the founder

"By empowering patients with innovative tools and ensuring they are remotely monitored by clinicians, we’re shaping the future of healthcare to be more accessible, personalised, and efficient. We are grateful to our investors and grant partners for their support in making this vision a reality."

Jase John

Co-Founder and CEO at Laennec AI

Investor perspective

"The revolutionary work of Laennec AI Limited aligns with our vision to create and nurture a vibrant innovation culture, improving standards and services, including in healthcare. I am pleased we have been able to support this cutting-edge project via our SMART Flexible Innovation Support programme, and look forward to seeing it benefit medical professionals and patients alike in the near future."

Rebecca Evans

Cabinet Secretary for Economy, Energy and Planning, Welsh Government