Parsippany-based Scopio Labs recently announced the successful completion of its Series D funding round, raising $42 million, led by Fortissimo Capital with participation from existing investors. The newly secured capital will fuel commercial expansion and accelerate the innovation of new products that leverage Scopio’s full-field technology.
This latest round of capital brings Scopio’s total fundraising to $130 million.
Scopio’s breakthrough platform uses computational photography to provide unprecedented digital imaging of thousands of cells, allowing lab practitioners to have a full-field view of all regions of clinical interest on the sample at the highest resolution, supplanting the need for manual microscopy.
By harnessing the power of clinical artificial intelligence-based decision support combined with full-field digital imaging, Scopio delivers unparalleled workflow efficiency in blood cell analysis designed to enhance remote consultation and collaboration, expedite decision-making and bolster patient care.
This platform not only amplifies diagnostic capabilities, but significantly curtails the time and expenses traditionally associated with manual methods.
The Series D funding will enable Scopio to accelerate its market penetration and expand its global footprint. This includes scaling sales and marketing efforts and strengthening customer support. The funding will support the continued development of Scopio Labs’ digital morphology platform and the creation of next-generation products to meet the evolving needs of hematology laboratories and hospitals.
“We are excited to have Fortissimo Capital lead our Series D funding round,” Itai Hayut, co-founder and CEO of Scopio Labs, said. “This investment is a testament to the remarkable progress we have made and the immense potential of our technology. With the support of Fortissimo Capital and our existing investors, we are well-positioned to revolutionize the field of hematology and deliver unparalleled value to our customers.”
“Scopio is experiencing a defining inflection point. The company’s hematology solutions are transforming the manner in which labs analyze blood samples. We believe Scopio Labs will become the new global standard in digital cell morphology,” Yuval Cohen, managing partner at Fortissimo Capital, said. “We look forward to supporting Scopio as it grows and enhances its leading position in the market.”
