4 years ago
Brainomix Secures $21.2 Million to Expand AI Diagnostics Platform
Brainomix, an Oxford-based medical diagnostics company, has raised £16 million ($21.2 million) in a Series B funding round
The round was co-led by Boehringer Ingelheim Venture Fund and Parkwalk Advisors, with participation from new investor Tencent Holdings and existing investor Oxford University Innovation Fund
The funding will be used to expand Brainomix's AI-powered stroke imaging solution into new markets and adapt it for diagnosing other diseases
ProblemHealthcare
"Diagnosing diseases like stroke, lung fibrosis, and cancer can be time-consuming and inaccurate, leading to delayed treatment and poor patient outcomes."
Solution
"Brainomix has developed an AI-powered imaging tool that analyzes medical images to detect biomarkers, providing clinicians with faster and more accurate diagnoses, leading to better treatment decisions and improved patient outcomes."