Noah Medical

Noah Medical

Develops medical robotic solutions for diagnostics

About

Noah Medical develops medical robotic solutions aimed at improving early diagnosis in pulmonology. Their main product, the Galaxy System™ with TiLT+ Technology™, addresses challenges in CT-to-body divergence, enhancing diagnostic accuracy with real-time navigation and guidance throughout the lung. This system features an augmented fluoro capability that visually assists in locating hard-to-see lesions. The Galaxy System™ also promotes procedural efficiency with a single-use bronchoscope and accessories, minimizing cross-contamination risks and streamlining turnaround times for medical teams. Its compact design allows for easy maneuverability in busy medical environments. Unlike competitors, Noah Medical focuses on collaboration with leading pulmonologists to refine their technology, ensuring it meets the specific needs of healthcare professionals. The company's goal is to enhance the confidence and effectiveness of early lung disease diagnosis.

Company Stage

Series B

Employees

201-500

Industries

Robotics & Automation, Healthcare

Total Funding

$145.9M

Headquarters

N/A

Founded

2018


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Simplify's Take

What believers are saying

  • Recognition as a finalist in prestigious awards like the Surgical Robotics Industry Awards and Fierce Innovation Awards highlights Noah Medical's industry leadership and innovative potential.
  • Securing $150 million in Series B funding from prominent investors like Softbank Vision Fund and Tiger Global indicates strong financial backing and growth prospects.
  • Positive clinical data and first-time use in the U.S. demonstrate the Galaxy System™'s effectiveness and market acceptance, promising further adoption and success.

What critics are saying

  • The highly competitive medical robotics market requires continuous innovation to maintain a leading position.
  • Reliance on single-use accessories could face pushback due to environmental concerns and cost considerations.

What makes Noah Medical unique

  • Noah Medical's Galaxy System™ with TiLT+ Technology™ uniquely addresses CT-to-body divergence, enhancing diagnostic accuracy in lung procedures.
  • The single-use bronchoscope and accessories reduce cross-contamination risks and improve procedural efficiency, setting Noah Medical apart from competitors with reusable instruments.
  • The compact and maneuverable design of the Galaxy System™ makes it ideal for crowded medical environments, unlike bulkier robotic systems.

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Growth & Insights
Headcount

6 month growth

10%

1 year growth

35%

2 year growth

106%

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