Fize Medical closes first tranche of $20m Series B target
The undisclosed first close was led by Asahi Kasei Medical and Rapha Capital Management.
Continuous fluid data for critical care
Fize Medical’s kUO system continuously measures urine output for clinicians caring for critically ill patients, providing a live signal in place of intermittent manual checks. Its planned Fize Optima platform is intended to use that data for AI-driven prediction and treatment guidance.
The company says the first close is part of a $20 million Series B target; the amount raised in this tranche was not disclosed. Fize plans to advance Optima and strengthen commercial activity in markets where its systems are available.
Use of funds
Accelerate development of Fize Optima for AI-driven prediction and treatment guidance
Strengthen commercial activities in leading markets