With a USD 1.65 million investment from New GX Ventures SA, a partnership between New GX Capital, RMB Ventures, and GIIG Africa, Envisionit Deep AI is now on the route to development. This came after the business won the regional award for Southern Africa at the African Startup Awards.
Naidoo, the company’s CEO, stated, “We have this amazing ambition to mix cutting-edge technology like artificial intelligence with radiology, and we want to alter the way radiologists look, interpret imaging, and make diagnoses.”
The business has a number of technologies that it wants to expand outside of South Africa, including the Radify AI platform, which guarantees quick, accurate, high-quality, and economical medical imaging diagnostic—factors crucial for illness early diagnosis and treatment.
The South African Health Products Regulatory Association has given Radify AI the go-ahead. But we want to be worldwide, so we’re working hard to get FDA and European Medical Agency approval,” Naidoo added.
According to data, sub-Saharan Africa has one of the lowest doctor-to-patient ratios globally, and this ratio is significantly worse for specialists. The shortage of radiologists is so severe that the percentage of radiologists to people in Kenya, for example, is 1:389,255, while in Nigeria, it is 1:566,000.
Naidoo is motivated by the shortage of radiologists to make Radify AI available to everyone, particularly in peri-urban and rural areas. This inspired the business to develop a hybrid solution.
Radify AI, according to her, may be used everywhere, “whether in a first-world context or a rural clinic that might not have the finest infrastructure or excellent broadband capacity… because the whole point of our product is to democratize access to diagnostic imaging, and if we don’t have solutions that can go out into rural areas, we won’t be democratizing.”
The on-site solution from the company may be connected to equipment like X-ray machines to provide diagnosis and treatment right at the point of care. For patients who need radiology reports, they also offer teleradiology.
The firm started by developing models for reading chest X-rays, with the ability to identify 25 different illnesses, including pneumonia, the leading cause of death for children under five in Africa, breast cancer, and TB.
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