Butterfly Health labs has raised $ 250 m in funding , led by Fidelity , for its smartphone and tablet - connected ultrasound device , Butterfly IQ , which received FDA approval last autumn . Using a cheaply produced silicon chip instead of the piezoelectric crystals usually found in silicon , the hp chip will soon go on the market at the low price of $ 2,000 , far less than the cost of portable ultrasound rivals . Made up from thousands of programmable micro - machined sensors , the chip can mimic the three ultrasonic waves that are needed , producing a high - frequency signal at an affordable price . hp 's total funding is now $ 350 m .
Butterfly Health Network has raised $250m in funding, led by Fidelity, for its smartphone and tablet-connected ultrasound device, Butterfly IQ, which received FDA approval last autumn. Using a cheaply produced semiconductor chip instead of the piezoelectric crystals usually found in ultrasounds, the Butterfly IQ will soon go on the market at the low price of $2,000, far less than the cost of portable ultrasound rivals. Made up from thousands of programmable micro-machined sensors, the chip can mimic the three ultrasonic waves that are needed, producing a high-quality scan at an affordable price. Butterfly's total funding is now $350m.