Avicenna.ai, a provider of an AI-powered medical imaging platform for radiologists, raised €7 million in Series A funding, bringing the company’s total funding to date to €10 million.
CEMAG Invest and Innovacom co-led the investment round.
According to the company’s website, its medical imaging software platform uses image-trained deep learning technology to identify, detect and quantify life-threatening pathologies in radiology labs. The software platform categorizes the severity of patient diseases, assisting radiologists in determining whether a patient’s life is in danger. The imaging system has onboarded 140+ hospitals/clients in 14 countries worldwide.
Medical imaging startups
According to our funding database, medical imaging software startups have raised more than $3 billion in funding to date.
Notable funding rounds in the medical imaging space include:
Oxipit, a developer of autonomous AI-powered medical imaging applications, closed a $4.9 million funding round led by Taiwania Capital, Practica Capital, and Coinvest Capital.
Prenuvo, a provider of an advanced whole-body imaging system to detect cancer in its early stage, raised $70 million in Series A funding led by Felicis Ventures.
Elephas, an AI-guided medical imaging platform to assess live cancer tumors in real-time, raised $41.5 million in Series B funding led by ARCH Venture Partners, Moore Strategic Ventures, and Tao Capital Partners with participation from Northpond Ventures, Sands Capital, and WARF Ventures.
Airs Medical, a provider of an AI-powered medical imaging system, raised $20 million in Series B funding led by Q Capital Partners, Hanwha Life and additional funds from Klim Ventures.
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