MUSE Diagnostics Receives Funding From Beyond Next Ventures to Make Stethoscopes Better
MUSE Diagnostics announces a Seed Investment from Beyond Next Ventures (BNV). MUSE was founded in August 2016 and is a medical device company that manufactures digital stethoscopes called Taal. Created in Bangalore, India by a Veterinarian and a Musician, Taal collects body sounds that are utilized to build analytics for screening & diagnostic purposes. As Taal is a vital tool for auscultating lung & heart conditions, it plays a critical role in the COVID-19 Pandemic. MUSE as a company focuses on capturing sounds comparable to the highest quality traditional stethoscopes and empowering it with additional cutting-edge digital capabilities.
On August 6th, BNV, a leading Venture Capital company from Japan took part in the seed round raise in MUSE Diagnostics where they were the lead investors. Here is what Tsuyoshi Ito, from BNV had to say,
"Their digital stethoscope with unique algorithms is a revolutionary product that has a far-reaching impact in assisting doctors in both primary and secondary healthcare. The solution with a global implication is all the more important as a household device, considering the pandemic and the need for a handy pre and remote diagnosis. The varied background of founders (a Veterinarian and an Acoustic Expert) makes a very potent combination for approaching problems differently and we at Beyond Next Ventures look forward to supporting them in their growth journey”.
The founders Dr Arvind Badrinarayanan & Sumukh Mysore were very excited about the demand seen in the market for their device. Dr Arvind had this to say,
“We are thrilled by the commitment and confidence shown by Beyond Next to invest in our team, product, and our potential. The stethoscope has been the symbol of the medical professional since the 19th century. We look forward to disrupting this symbol with Our Taal Digital Stethoscope”. MUSE started its journey with one of its founders working as an intern in C-CAMP. C-CAMP now being a co-investor in this funding round".
In the pandemic, social distancing has made online medical consultations commonplace. As a result, physical examination of patients is becoming difficult. MUSE plans to solve this problem by making the digital stethoscope a household product similar to a digital thermometer or glucometer. Furthermore, Taal fills a vital gap in the education sector by allowing sharing of body sounds, thus allowing teachers to teach auscultation more efficiently.