Australia: Presagen raises A$4.5m seed funding

South Australian minister David Pisoni announcing the A$1.5m SA Government funding to match private investment to Channel 7 national news, with chief executive Michelle Perugini and co-founder and inventor Jonathan Hall.

AI medical imaging company Presagen has raised A$4.5m (US$3.2m) seed funding from Australian investment group Jungle Capital Group, investment firm 3Lines Venture Capital and the South Australian State Government. Each came in for A$1.5m. The investment will accelerate the commercialisation of its Presagen’s Life Whisperer product and will enable the company to explore other medical…

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