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The company will use the funds to scale operations and expedite growth in Medicare and ICHRA.
The funding, which is NRFC's first medical science investment, will help introduce the company's AI to more health facilities locally and abroad.
Bipartisan legislation dubbed "No DeepSeek on Government Devices Act" comes amid concerns that the application allows China to see user data.
Vik Bajaj, CEO of Foresite Labs and managing director of Foresite Capital, discusses how AI is used to develop personalized cancer vaccines - and the challenges and promises of Project Stargate.
Also, a new mobile app in Australia tracks eyelid movement to detect sleep apnoea.
Also, fitness technology company GOQii has introduced an AI-powered post-organ transplant care programme.
The EU guidelines highlight prohibitions on harmful manipulation, real-time biometric identification and social scoring.
The alliance will focus on developing new medicines, allowing novel modality platforms and scaling emerging health technologies.
The funds will help in the development of Northernmost's NoMo tech-enabled kidney pump, which the NKF says may eliminate the need for ice coolers completely.
The deal includes an additional $5 million that could be paid to Catapult based on its performance after the sale.