French healthtech startup Volta Medical works on novel artificial intelligence (AI) algorithms to treat cardiac arrhythmias. It has announced that has raised €23M funding led by Glide Healthcare along with participation from existing shareholder Pasteur Mutualité.
Utilisation of funds
With this investment, the company eyes to establish its CE marked and FDA-approved VX1 AI software solution. Volta Medical will also involve in further R&D activities and rollout commercial activities across Europe and the US. Also, the French healthtech startup is recruiting for the international multicentre trial TAILORED-AF.