a year ago
Adsilico Raises £3.5 Million for AI-Powered Medical Device Testing
Adsilico, a University of Leeds spinout, has secured £3.5 million in funding for its AI-powered medical device testing system
The company's in-silico trials (ISTs) use modelling and simulation to produce performance results, reducing costs, accelerating R&D timelines, and eliminating the need for animal testing
The investment came from Northern Gritstone and Parkwalk Advisors
Adsilico's IST technique combines multiple data sources and uses generative AI to create synthetic populations tailored to the scale required by clinics.
ProblemHealthcare
"Medical device testing is expensive, time-consuming, and often involves animal testing, delaying the development of life-saving devices."
Solution
"Adsilico uses AI-powered in-silico trials (ISTs) to simulate medical device performance, reducing costs, accelerating R&D timelines, and eliminating the need for animal testing."