Paris-based Raidium, a company specialised in creating the model for 3D medical imaging in radiology, announced on Thursday, November 28, that it has raised €16M in a seed funding round, co-led by Newfund and Kurma Partners.
Others, including Galion.exe, Founders Future, Debiopharm, Techmind, and the European Innovation Council and SMEs Executive Agency (EISMEA), participated in the round.
The French company will use the funds to facilitate the market launch of their prototyped product, as well as the continuous expansion of their world-class team.
The announcement comes four months after the French company was selected for the EIC Accelerator funding program.
Raidium: Building a 3D model for medical imaging in radiology
Founded by Paul Herent and Pierre Manceron, Raidium is developing a 3D Large Vision Language foundation model specifically designed for analysing CT scans and MRIs.
According to the company, this model has been trained on a comprehensive proprietary dataset sourced from their partner, the Centre Imagerie du Nord.
Additionally, the company has also prototyped an innovative user interface tailored for radiologists.
Raidium’s mission is to help radiologists use medical imaging more effectively. This allows for the creation of new and innovative biomarkers that can benefit patients.
