Samsung Medison announces acquisition of portfolio company Sonio

May 23, 2024
OneRagtime
OneRagtime is a venture capital platform that finances and scales early-stage start-ups. Our fully digitised investment process offers our exclusive investors community the freedom and flexibility to choose how they invest, on a deal-by-deal basis or via our funds.

🙌 Pending approval of the French Ministry of Economy and Finance, Samsung Medison announces acquisition of portfolio company Sonio, AI health tech assistant for prenatal care, to strengthen its leading position in cutting-edge medical devices. The closing of the transaction is subject to applicable regulatory approvals, and notably the approval of the French Ministry of the Economy and Finance. Back mid 2022, we co-led Sonio’s Seed round of €4m with Elaia and Bpifrance and pursued our investment during the Series A in July 2023 with European Innovation Council and SMEs Executive Agency (EISMEA) Cross-Border Impact Ventures.

Together with Sonio’s world-class AI expertise, Samsung Medison’s leading edge ultrasound systems will help bring to market breakthrough AI enhanced workflows and accelerate innovation in patient outcomes and quality of prenatal care. This is a new milestone towards improved access and quality of care for women and children worldwide ! We are humbled to part of this journey with OneRagtime. We have been so impressed by outstanding vision and execution led by Sonio dream team under Cecile Brosset Dubois guidance.

So impressive 🤩 Congrats to Cecile Brosset Dubois, Remi Besson, David Amouyal, Deepak Prakash, Dagmar Nuber and the entire team!

Thanks to our fantastic co-investors ElaiaCéline PassedouetBenoît GeorisSacha LoiseauBpifranceEva ClercCross-Border Impact VenturesAnnie TheriaultMegan Dover, P.Eng., MBAMaxime PawlowskiSuch a nice ride with you !