Spectrum Health’s VC fund invests in AI

October 22, 2018

By Justin Dawes

A local venture capital fund is investing in an out-of-state medical startup with artificial intelligence technology.

Spectrum Health Ventures is joining nine other investors as part of a $20-million, third-phase investment in Los Altos, California-based Gauss Surgical’s medical solution, Triton.

Triton estimates surgical patient blood loss in real time through images and “learning” ability.

The technology has demonstrated that accurate, real-time estimation of blood loss leads to early recognition of hemorrhage, reduced blood transfusions and shortened length of stay for patients.