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

Samsung's venture investment unit is considering a $100 million investment in California startup Exo, with a round led by Sands Capital, Bold Capital, and Qubit Health Capital. Imar Ishrak, chairman of Qubit Health, will join Exo's board. Exo, founded in 2015, uses AI and advanced technology to create handheld medical imaging devices for ultrasounds, raising over $320 million from notable investors. The company recently secured a $220 million Series C round. Additionally, Exo is exploring a partnership with Samsung Medison Co., which specializes in medical device technologies.