That’s because traditional ultrasound machines rely on transducers containing quartz crystals and other specialized components to generate images. But Butterfly, a startup cofounded by 2015 National Medal of Technology and Innovation award recipient and Carnegie Mellon graduate Jonathan Rothberg, claims to have pioneered a technologically superior alternative. The company‘s eponymous $2,000 Butterfly iQ shrinks ultrasound tech down to a peripheral the size of an electric razor.



Butterfly today announced that it has raised $250 million in a Series D funding round led by Fidelity, with participation from Fosun Pharma, the Bill & Melinda Gates Foundation, and Jamie Dinan, along with other returning and existing investors.

According to venturebeat