Scarlet raises $50M to speed up the medical software approval queue
Co-founders James Dewar and Jamie Cox say their certification body is built for frequent software updates; the round will fund expansion in the US and Asia-Pacific.
By RuntimeWire Staff · Published
Primary source: Tech.eu
Why it matters
Scarlet's $50 million round backs a regulated service designed around software's update cycle. Its ability to grow depends on scaling expert review alongside its platform, across markets where certification rules differ.
James Dewar and Jamie Cox have raised $50 million for Scarlet, the certification body they founded after building AI medical devices at Babylon Health. The Series B, reported by Tech.eu on October 12th, was led by Headline, with new investor Notion Capital and existing backers Atomico, Creandum, Kindred Capital and Entrepreneurs First participating.…