San Francisco-based Lavita AI has announced that it has raised $5 million in seed funding to develop its AI+Web3 healthcare platform. The round was led by Camford Capital, with participation from a group of angel investors from the blockchain and AI industries.
The platform is designed to be patient-driven, providing secure sharing of health data. Lavita AI’s platform is hosted on Theta Metachain and powered by advanced privacy-preserving computation and AI models. It provides the healthcare ecosystem with a decentralized data marketplace that connects providers, patients, data contributors, and research institutions.
With the funding, Lavita AI aims to accelerate the development of its AI-first platform and applications for patients, healthcare providers, and research institutions. The platform empowers individuals to utilize their health data to earn LAVITA tokens built on the Theta TNT-20 protocol, enabling numerous applications within life science research, biopharma development, and healthcare innovation.
The Lavita AI platform has several use cases. For instance, individuals and patients can use the platform to dynamically identify and match with ongoing clinical trials globally, including those that historically are costly to recruit for, such as pivotal clinical studies or clinical trials for rare/orphan diseases. Life science researchers can use it to convene data cohorts for conducting large-scale population studies such as genome-wide and phenome-wide association studies.
In addition, biopharma companies can use the platform to securely share data across multiple parties for applications in drug discovery or development partnerships. Health institutions will be able to partner on the platform to train and fine-tune their own large language models (LLMs) for their domain-specific use cases such as medical imaging and clinical records.
The CEO of Lavita AI, Mitchell Liu, commented on the funding, saying, “We are excited to have the backing of Camford Capital and our angel investors as we continue to develop a revolutionary healthcare platform powered by the latest AI and blockchain technologies. Our platform is patient-driven, empowering individuals to take control of their health data and participate in the healthcare ecosystem, enabling a new era of healthcare innovation.”
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