FGA Partners Aligns with Medical Technology Company Neural Labs Africa

November 15 15:32 2022
FGA Partners Aligns with Medical Technology Company Neural Labs Africa
FGA Partners appointed Strategic Advisor for Neural Labs Africa to spark global growth

It was announced today that FGA Partners, LLC “FGA” has aligned with medical technology company Neural Labs Africa and has been appointed Strategic Advisor for the company. The appointment entails the provision of strategic business development advice, growth guidance and direction on strategic appointments that would be of value to the growth of the company.

Neural Labs Africa is an innovative medical technology company that uses deep learning and computer vision to identify diseases in real time. The artificial intelligence algorithm titled “NeuralSight” is capable of identifying over 20 respiratory, heart and breast pathologies such as pneumothorax, cardiomegaly, benign breast tumors, malignant breast cancer, atelectasis, infiltration, emphysema, mass, nodule, pleural thickening, effusion, consolidation and many more. This is real time identification that is both cost and time effective.

Some of the supported modalities of Neural Labs’ “NeuralSight” includes CT-Scan Imaging, MRI Imaging, Mammography Imaging, X-Ray Imaging and Musculoskeletal Imaging.

“Neural Labs Africa has a great vision for the future of medical technology, Tom and Paul are great visionaries that not only want to change the world for the better via technology but they actually have the path to make that a reality. We are looking forward to working closely with the Neural Labs team as they embark on a journey that will not only reduce the cost for medical organizations, insurance companies and patients but also democratize access, which results in saving lives.” stated Louis Velazquez, Managing Partner of FGA Partners.

In addition to FGA Partners being appointed Strategic Advisor, Neural Labs Africa has been integrated into “Project Falcon”, this will give Neural Labs many tools that will enhance the company’s business model, allow the company to build a strong community around their brand and various projects as well as increase investor interest. The goal is to increase the overall value of the company over the next 12-18 months with a global build out.

“We at Neural Labs Africa are excited about aligning with FGA Partners as our strategic advisors, they will play a key role in our growth. Our focus is establishing Neural Labs Africa first as a leading healthtech company across Africa and with the aid of FGA Partners we will realize that goal as well as execute on true global growth. This will unlock the growth potential that we know the company has and will allow us to execute on our plan to democratize access to diagnostic healthcare for all.” stated Paul Ndirangu, co-founder of Neural Labs Africa. 

This is part of FGA’s initiative to increase the firm’s exposure globally with the integration of innovative companies into “Project Falcon” in 2022/23. This will allow the firm to work with growth companies in the areas of technology, agriculture, manufacturing, finance, construction, oil and gas.

FGA Partners believes that creating alternative paths via “Project Falcon” can be an asset for innovative companies to spark interest, growth and build strong communities around their company and projects.

The firm will be working closely with Neural Labs Africa’s co-founders Tom Kinyanjui and Paul Ndirangu in order to bring forward the tools and guidance for them to execute on their business plan, attract additional key team and board members as well as build additional global interest in their innovative company.

About FGA Partners

FGA Partners, LLC is a private equity firm that was founded in 1998 with a keen focus on disruptive software and technology in the areas of artificial intelligence, machine learning, augmented reality, augmented reality, cybersecurity and advanced blockchain technology across all industries. For more information please go to www.fgapartners.com

About Neural Labs Africa

Neural Labs Africa Ltd is an innovative medical technology Company using Artificial intelligence at its core which allows for accurate and cost effective diagnostic healthcare. The vision is to democratize user access to diagnostic healthcare on a global basis. The Neural Labs Innovation Hub has developed an algorithm that uses state of the art computer vision to identify different pathologies across the different diagnostic imaging modalities at a rate of 1000 x-rays per minute. Deep learning algorithms and proprietary methodologies are being used along with the development of mobile-based applications. For more information please go to www.neurallabs.africa

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in which such offer, solicitation or sale would be unlawful, and qualification under the securities laws of any such state. This press release contains forward-looking statements. The use of any of the words “anticipate”, “believe”, “expect”, “plan”, “intend”, “can”, “will”, “should”, and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein are based on certain key expectations and assumptions made by the Company, including but not limited to expectations and assumptions concerning the receipt of required regulatory approval. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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