About Nanox
Nanox is a company based in Jerusalem (Israel) founded in 2004. It operates as a AI-as-a-Service, Two-Sided Marketplace, and HealthTech. Nanox has raised $110.72 million across 5 funding rounds from investors including Fujifilm, SK Telecom and Foxconn Electronics. The company has 165 employees as of December 31, 2024. Nanox has completed 3 acquisitions, including MDW, USARAD and Zebra Medical Vision. Nanox offers products and services including Nanox.ARC, Nanox.AI, and Nanox.MARKETPLACE. Nanox operates in a competitive market with competitors including IBA, Adaptix, OXOS Medical, Lumitron Technologies and QDI systems, among others.
- Headquarter Jerusalem, Israel
- Employees 165 as on 31 Dec, 2024
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Nano-X Imaging Ltd
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Annual Revenue
$11.28 M13.91as on Dec 31, 2024
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Net Profit
$-53.52 M11.95as on Dec 31, 2024
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EBITDA
$-44.84 M4.12as on Dec 31, 2024
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Total Equity Funding
$110.72 M (USD)
in 5 rounds
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Latest Funding Round
$59 M (USD), Series B
Jul 28, 2020
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Investors
Fujifilm
& 4 more
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Employee Count
165
as on Dec 31, 2024
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Investments & Acquisitions
MDW
& 2 more
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IPO & Listings of Nanox
Nanox is a publicly listed company on the NASDAQ with ticker symbol NNOX in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Nanox
Nanox offers a comprehensive portfolio of products and services, including Nanox.ARC, Nanox.AI, and Nanox.MARKETPLACE. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Advanced 3D tomosynthesis imaging system is provided.
AI solutions for chronic disease detection are offered.
Platform connecting imaging providers globally is facilitated.
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Funding Insights of Nanox
Nanox has successfully raised a total of $110.72M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $59 million completed in July 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $59.0M
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First Round
First Round
(30 Sep 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series B - Nanox | Valuation | iA Financial Group , Yozma Group Korea | |
| Jun, 2020 | Amount | Series B - Nanox | Valuation | SK Telecom | |
| Jan, 2020 | Amount | Series B - Nanox | Valuation | Foxconn Electronics |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nanox
Nanox has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Fujifilm, SK Telecom and Foxconn Electronics. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of integrated telecommunication services
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Founded Year | Domain | Location | |
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Private foundations focused on insurance sectors
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Founded Year | Domain | Location | |
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Electronic products and components are manufactured globally by Foxconn.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nanox
Nanox has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include MDW, USARAD and Zebra Medical Vision. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Decentralized platform for the healthcare industry
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2017 | ||||
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Provider of AI and SaaS-based medical image based decision support tools
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2014 | ||||
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AI-based teleradiology solutions are provided for hospitals and outpatient services.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nanox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nanox Comparisons
Competitors of Nanox
Nanox operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IBA, Adaptix, OXOS Medical, Lumitron Technologies and QDI systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Innovative solutions for cancer treatment and industrial applications are provided by IBA.
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| domain | founded_year | HQ Location |
Planar X-ray radiology products for diagnostic imaging are supplied.
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| domain | founded_year | HQ Location |
Orthopedic imaging devices and software are developed for surgical use.
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| domain | founded_year | HQ Location |
See-through x-ray imaging systems for medical applications are developed.
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| domain | founded_year | HQ Location |
Developer of X-ray imaging diagnostic devices for medical applications
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nanox
Frequently Asked Questions about Nanox
When was Nanox founded?
Nanox was founded in 2004 and raised its 1st funding round 11 years after it was founded.
Where is Nanox located?
Nanox is headquartered in Jerusalem, Israel. It is registered at Jerusalem, Jerusalem District, Israel.
Is Nanox a funded company?
Nanox is a funded company, having raised a total of $110.72M across 5 funding rounds to date. The company's 1st funding round was a Series B of $26M, raised on Sep 30, 2015.
How many employees does Nanox have?
As of Dec 31, 2024, the latest employee count at Nanox is 165.
What is the annual revenue of Nanox?
Annual revenue of Nanox is $11.28M as on Dec 31, 2024.
What does Nanox do?
Medical imaging technology is advanced by Nanox through next-generation solutions like Nanox.ARC, a 3D tomosynthesis imaging system. AI-driven diagnostics are offered via Nanox.AI, targeting chronic diseases such as cardiac, bone, and liver conditions for early detection. A global healthcare platform, Nanox.MARKETPLACE, is operated to connect imaging providers and facilities. The focus is placed on improving health equity and patient outcomes across hospital and non-hospital settings. Collaboration with the medical community is prioritized to address clinical needs and enhance diagnostic capabilities worldwide.
Who are the top competitors of Nanox?
Nanox's top competitors include Adaptix, IBA and OXOS Medical.
What products or services does Nanox offer?
Nanox offers Nanox.ARC, Nanox.AI, and Nanox.MARKETPLACE.
Is Nanox publicly traded?
Yes, Nanox is publicly traded on NASDAQ under the ticker symbol NNOX.
How many acquisitions has Nanox made?
Nanox has made 3 acquisitions, including MDW, USARAD, and Zebra Medical Vision.
Who are Nanox's investors?
Nanox has 5 investors. Key investors include Fujifilm, SK Telecom, Foxconn Electronics, iA Financial Group, and Yozma Group Korea.
What is Nanox's ticker symbol?
The ticker symbol of Nanox is NNOX on NASDAQ.
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