Nabla Raises $24 Million

Paris-based startup Nabla just announced that it has raised a $24 million Series B funding round led by Cathay Innovation, with participation from ZEBOX Ventures — the corporate VC fund of CMA CGM. This funding round comes just a few months after Nabla signed a large-scale partnership with Permanente Medical Group, a division of U.S. healthcare giant Kaiser Permanente. Nabla has reached a valuation of $180 million following the latest funding round. The company could also end up raising more money from U.S. investors as part of this round. Nabla has been working on an AI copilot for doctors and other medical staff. The best way to describe it is that it’s a silent work partner that sits in the corner of the room, takes notes and writes medical reports for you. The startup was originally founded by Alexandre Lebrun, Delphine Groll and Martin Raison. Lebrun, Nabla’s CEO, was the CEO of Wit.ai, an AI assistant startup that was acquired by Facebook. He then became the head of engineering of Facebook’s AI research lab FAIR.