deepc, a Munich, Germany-based radiology AI startup, has secured an additional $13 million in a Series A extension round, bringing its total funding to $30 million.
Investors
The extension round was co-led by Sofinnova Partners and Bertelsmann Investments. New investors included KHP Ventures and SwissHealth Ventures, and existing investors Winning Mindset Ventures also participated.
Sofinnova Partners is a venture capital firm focused on life sciences, managing over €2 billion in assets. Specializing in healthcare and sustainability,, the firm invests in startups and early-stage companies, often leading Series A rounds.
Founded in 2020, SwissHealth Ventures is the venture capital arm of CSS Insurance, based in Lucerne, Switzerland. The firm invests in growth-stage startups operating in the healthcare sector across Europe.
deepc Use of Funds
The company will use the funding to accelerate its growth and international expansion and to enhance and commercialize its operating system. Key growth priorities include extending deepc’s presence in North America, further expanding in the UK, and focusing on key European markets.
About Deepc
Founded in 2019, deepc offers an AI-based radiology platform. They help radiology AI providers deploy their technologies in clinical settings through a single integration solution. Its platform, deepcOS, a customizable radiology AI operating system, offers clinicians access to over 60 AI solutions for various clinical indications. deepc platform is used by leading organizations, including Solothurn Hospital in Switzerland, the Vivantes Hospital Group and LMU University Hospital in Germany, CHU Brugmann (Brugmann University Hospital) in Belgium, and the National Health Service (NHS) in England.
Funding Details
Company: deepc GmbH
Raised: $13.0M
Round: Series A
Funding Month: July 2024
Lead Investors: Sofinnova Partners, Bertelsmann Investments
Additional Investors: KHP Ventures, SwissHealth Ventures, Winning Mindset Ventures
Company Website: https://www.deepc.ai/
Software Category: Radiology AI
Source: https://tech.eu/2024/07/25/radiology-ai-startup-deepc-raises-13m-in-series-a-extension-round/