
Tokyo-based healthtech startup I.W.G Inc. has raised US$1.8 million in a pre-Series A funding round led by Golden Gate Ventures. Other investors included Antler and several individual backers, including radiologist and entrepreneur Dr. Toshihiko Sato.
The company will use the new funding to expand its AI-powered platform, which helps hospitals share and manage medical data across different systems and languages. This is a major challenge in regions such as Southeast Asia and Greater China, where healthcare providers often use incompatible systems.
The funding round is significant because it is the first investment in Japan made through Golden Gate Ventures Fund IV. It also highlights growing investor interest in companies that help solve healthcare data-sharing challenges across different countries in Asia.
“In many cases the records exist, but formats, systems and languages do not match,” said Xiaoyan (Fiona) Zhou, CEO of I.W.G. “Our goal is to make medical information flow as easily and securely as communication on the internet.”
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Founded by CEO Xiaoyan Zhou and Xiaoxi Guo, I.W.G develops software that helps hospitals, clinics, and insurance companies share medical information easily, even when they use different systems, file formats, or languages. Its AI-powered platform can process and connect healthcare data in various formats, including PDF, XML, HL7, and DICOM.
The company currently works with healthcare providers in Japan, China, Singapore, and Indonesia. It plans to use the new funding to improve its platform, expand into more Asian markets, and hire additional engineers and business development staff.
The founding team has been involved in the medical AI industry since 2016. Before starting I.W.G, they helped grow a medical AI startup that later became a publicly listed unicorn company.
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