MAUI Imaging, inventor of patented technology that visualizes anatomy other ultrasound technologies cannot, today announced raising $14 million in a Series D round, including equity funding, and led by Acertara Acoustic Laboratories. The funding is allocated to support the production, sales and marketing of the company’s Computed Echo Tomography-based imaging technology.
“With this support and our work with the U.S. military we are able to address the clear need for a new ultrasound-based technology to image all types of tissues,” said MAUI Imaging CEO and co-founder David Specht. “That need is most pronounced in trauma medicine, which is a major focus for us. MAUI will also be able to supply the volumetric imaging data for increasingly accessible and advanced AI tools that stand to transform medicine.”
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MAUI Imaging is currently delivering devices to initial users. Acertara is leading pre-orders with an exclusive U.S. distributorship for hospitals outside of those MAUI Imaging serves directly.
Levi Moore, President and CEO of Acertara Acoustic Labs commented “The MAUI ultrasound system represents a major advancement in medical imaging. By reducing the complexity of image acquisition and offering an intuitive approach, it expands ultrasound’s reach to new users and clinical settings. We’re working closely with MAUI to accelerate adoption in hospitals nationwide, where this technology has the potential to save lives and significantly improve patient outcomes.”
MAUI Imaging emerged from stealth in August 2024 with the announcement of a $4 million U.S. Department of Defense (US Army Medical Research and Development Command) contract to support trauma medicine across four branches of the military seeking to enable faster diagnosis and interventional care in high volume or mass casualty events and resource limited environments.
Department of Defense:
The USAMRDC-enabled program is sponsored by the Office of the Assistant Secretary of Defense for Health Affairs through the Combat Casualty Care Research Program under Award No. HT9425-23-3-0002. It is being implemented at the University of Maryland Shock Trauma Center in Baltimore, which is one of the major trauma centers where the military trains trauma surgeons and other related health care providers.
A committee of independent expert physicians reported that MAUI represents a categoric change in ultrasound imaging that offers the potential for significantly improving patient management in emergent settings, regardless of the availability of other imaging modalities. In certain cases, like cranial and spinal imaging in adults, where traditional ultrasound has not been traditionally employed, MAUI has been reported to provide clinically meaningful images needed by physicians to diagnose, triage, and treat serious injuries. Traditional ultrasound cannot image intracranially without a significant “window” into the skull involving large fractures or surgically removed bone. As a result, patients require CT or MRI scans which are often unavailable. MAUI is designed to change this and aims to decrease time to diagnosis and treatment.
Views and conclusions contained in this release are those of MAUI Imaging and should not be interpreted as necessarily representing the official policies or endorsements, either expressed or implied, of the U.S. Government.
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