Deep Breathe receives $1M federal funding for AI diagnostics software
Summary
London-based medical software company Deep Breathe has received $1 million in federal funding from the Regional Artificial Intelligence Initiative to further develop its AI-assisted diagnostic ultrasound technology. This innovative software enables quick and user-friendly medical diagnoses in various settings, including ambulances, hospitals, and military operations, addressing urgent health questions about conditions like collapsed lungs or pneumonia. The funding is part of a broader $700 million federal initiative aimed at strengthening AI capabilities in Canada, particularly in health and life sciences, to promote the commercialization of domestic technologies while ensuring companies remain based in the country. The financial support will help Deep Breathe navigate Health Canada regulatory approvals and attract new talent as it advances its technology to more widespread use.