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Stock impact report

Promaxo Raises $4.17M in Funding Round Led by Huami Corporation

HUAMI CORP ADS (HMI) 
US:NYSE Investor Relations: huami-usa.com/investors
Company Research Source: Business Wire
Promaxo continues to build momentum in bringing their patient-centric MRI to physician’s offices OAKLAND, Calif. & CUPERTINO, Calif.--(BUSINESS WIRE)--Promaxo, Inc. (Promaxo), the medical imaging, robotics, and AI technology company, and Huami Corp. (NYSE: HMI) today announced closing an investment round of $4.17M led by Huami.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210113005241/en/“As an industry, we are just scratching the surface of how powerful MRI is poised to become in guided interventions, and we are proud to have Huami as a strategic investor as we introduce our truly open MRI system to the masses,” said Dr. Amit Vohra, founder and CEO of Promaxo. “We are thrilled to have the financial support to help execute our vision and look forward to providing the best healthcare possible to our patients and clinical partners.”The trailblazing medical technology company plans to use the funds to accelerate its data s Show less Read more
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