Venice-Based GigXR Gets Backing to Update Medical Training with Virtual Reality

Keerthi Vedantam

Keerthi Vedantam is a bioscience reporter at dot.LA. She cut her teeth covering everything from cloud computing to 5G in San Francisco and Seattle. Before she covered tech, Keerthi reported on tribal lands and congressional policy in Washington, D.C. Connect with her on Twitter, Clubhouse (@keerthivedantam) or Signal at 408-470-0776.

Venice-Based GigXR Gets Backing to Update Medical Training with Virtual Reality
Courtesy of GIGXR

GigXR, a Venice-based startup using virtual reality to train people in medical procedures, has partnered with and received an investment from Oregon-based health care provider Northwest Permanente to develop a range of mixed-reality health care training applications.


Northwest Permanente—the largest medical group in Oregon with more than 1,300 physicians—will work with GigXR to create medical training simulations, beginning with life support and cardiac emergency measures like CPR. It is also providing GigXR with funding, though financial terms were not disclosed.

Training for cardiac emergencies often involves mannequins that are expensive and lack the realistic reactions of cardiac patients. GigXR’s gameplay-inspired technology aims to improve that training; it superimposes a 360-degree, holographic depiction of a patient into a trainee’s environment and allows them to walk through various life-saving techniques.

GigXR has also developed training simulations for the Air Force Academy, the University of Pennsylvania and a slew of other universities and hospitals. Its offerings have primarily centered around health care, physics and chemistry—areas where simulations can help avoid the dangers of real-world trials, according to GigXR CEO David King Lassman.

The startup has raised more than $6 million to date, Lassman told dot.LA, and is currently fundraising for its Series A round. In addition to its partnership with Northwest Permanente, he said GigXR is also teaming with the University of Michigan-operated Michigan Medicine and Cambridge University Hospitals in the U.K.

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Regard Raises $15M for AI-Powered Software That Help Doctors Diagnose Patients

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

Regard Raises $15M for AI-Powered Software That Help Doctors Diagnose Patients
Courtesy of Regard

Culver City-based health care startup Regard, which uses AI-driven software to help physicians accurately diagnose patients, has raised $15.3 million in Series A funding.

Pasadena-based Calibrate Ventures and Colorado-based Foundry Group led the investment in Regard, formerly known as HealthTensor. Other investors that participated in the round include TenOneTen Ventures, Susa Ventures, Brook Byers of Byers Capital and Dropbox CEO Drew Houston. The new funding will be used to grow Regard’s team and customer base, the company said in a press release.

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This Week in 'Raises': Regard Secures $15M, MaC Venture Capital Raises $203M for Second Fund

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

This Week in 'Raises': Regard Secures $15M, MaC Venture Capital Raises $203M for Second Fund
Image by Joshua Letona

This week in “Raises”: A local healthcare startup secured funding to help grow the team and deploy its software to more physicians and hospitals, while Black-led, seed-stage venture capital firm surpassed its goal for its second fund.

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How Braid Theory Plans to Build the Blue Economy from the Port of LA

Keerthi Vedantam

Keerthi Vedantam is a bioscience reporter at dot.LA. She cut her teeth covering everything from cloud computing to 5G in San Francisco and Seattle. Before she covered tech, Keerthi reported on tribal lands and congressional policy in Washington, D.C. Connect with her on Twitter, Clubhouse (@keerthivedantam) or Signal at 408-470-0776.

How Braid Theory Plans to Build the Blue Economy from the Port of LA
Photo courtesy of the Port of Los Angeles.

San Pedro-based Braid Theory is one of the growing number of accelerators in the country looking to grow the so-called blue economy, which spans a range of ocean-related industries and is estimated at $2.5 trillion a year.

The accelerator is accepting online applications until July 18, with its second-ever program kicking off in August.

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