News

Henry Ford + MSU Innovation Fund backs LightHearted AI in health tech push

What's the deal? The Henry Ford + MSU Innovation FundDealroom has a profile for this one. Try Dealroom → has made its first investments, backing two early-stage health tech startups: LightHearted AIDealroom has a profile for this one. Try Dealroom → and M3DDealroom has a profile for this one. Try Dealroom →. LightHearted AI is developing LightScope, a non-invasive tool that uses visible light to capture heart sound data and detect heart valve disease in under 10 seconds; the fund's backing will support clinical validation as the company pursues regulatory approval.

Why it matters: The fund, launched in 2025 with a $10 million commitment from Henry Ford Health, Michigan State University and the MSU Research Foundation, targets pre-seed through Series A companies in precision medicine, digital health, AI, medical devices and remote monitoring. It plans to deploy roughly $2 million a year over five years, pairing capital with clinical and research access.

Image credit: Generated with Gemini

Read more: Becker's Hospital Review

More top stories