CurveBeam AI

CurveBeam AI as a company was only founded in 2022 and listed on the ASX in 2023 as part of an M&A deal of StraxCorp and CurveBeam – the former bringing the BMD (Bone Mineral Density) algorithms and the latter bringing the physical scanners. The former company was founded in 2009 when its founder Arun Singh (who is still part of the company today), broke his foot and found scanners could only guess the extent of his injuries as they could only work with the patient lying down and this is unideal for foot injuries and while X-rays could be done upright, they were only 2D. The first FDA clearance was in 2012 and the latest generation was approved in 2020. Also in 2020, then president elect Joe Biden underwent a scan using CVB following his suffering of a hairline foot fracture. The company’s IPO came in 2023 during which it raised $25m. In the years immediately following the listing through 2024 and into 2025, CurveBeam AI reported revenue growth and strategic progress. The company also expanded commercial agreements such as a distribution and referral deal in Australia and New Zealand with medical device major Stryker. Despite progress, the company remained loss-making, though operating losses and cash burn were reduced compared to earlier periods. But in late 2025 and early 2026, more progress was made. the company signed a 10-year exclusive partnership with a Chinese consortium led by Shandong Weigao’s orthopaedic division to commercialise its WBCT and AI products across China and neighbouring territories, including potential equity investment totaling up to A$10 million and royalty arrangements.