A central goal of the funding is to build a state-of-the-art AI imaging laboratory housing a 3D chest imaging Foundation Model. The model is designed to reduce the data and time needed to develop new disease models and accelerate clinical trials for lung and heart conditions .
Sources disagree on Qureight's total funding to date. The company's official press release states total disclosed funding is $20 million across this single round . However, an analysis on healthcare.digital reports that Qureight previously raised a £6.8 million ($8.5 million) Series A in April 2024 and a £1.5 million seed round in 2022, bringing total capital raised to over $30 million
. Multiple other sources also report a Series A and seed round
. The discrepancy may be because Qureight did not publicly disclose those earlier rounds at the time.
As part of the Series B, Dr. Inga Deakin (Partner, Molten Ventures) joined Qureight's Board of Directors, and Anna Salim of Hargreave Hale also joined the Board .