Butterfly, A $1.25 Billion Healthtech Company, Launches New Ultrasound Technology In The U.K.

Wednesday September 25 saw the U.K. launch of a device that has the potential to change the way ultrasound scans are performed. In a nutshell, Butterfly Network‘s technology turns a smartphone into an ultrasound machine, but the catchy tagline is arguably reductive for a company with its sights set on democratizing healthcare for the 4.7 billion people around the world lacking access to medical imaging. Already, the company has raised $250 million investment at a $1.25 billion valuation from the likes of The Bill and Melinda Gates Foundation, Fidelity and Fosun Pharma, demonstrating their global intent.