Wavely Diagnostics raised $1.35M, led by Robin Hood Ventures, for its ear infection diagnostics app. The startup plans to release the tool through app stores later this year. The company was founded by pediatric ear, nose, and throat physician at Seattle Children's Hospital, Randall Bly, and UW computer science and engineering professor Shyam Gollakota. - "What we do is we bounce an acoustic sound wave off the eardrum, we then pick up the reflection of that ping, and then we use a machine learning classifier to determine if it's indicative of fluid or not," said the company's CEO Arna Ionescu Stoll.
- Wavely previously raised a $2.2M Seed round and was awarded a $1.8M small business grant from the National Institute on Minority Health and Health Disparities.
- Participants in the new round included Ambit Health Venture, WRF Capital, Healthtech Capital, and Princeton Alumni Angels, among others.
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