The EIT Digital Accelerator is well known in Europe for helping European tech scaleups grow and expand internationally. One of its supported scaleups is the France based company called QuantifiCare, which is an imaging Contract Research Organization (CRO). The scaleup specialises in developing, manufacturing and marketing imaging solutions for clinical trials and physicians and is a global company specialized in 2D and 3D imaging of the skin. QuantifiCare has announced of securing €5 million in series A funding with Digital Health 2, which is a new venture fund of LBO France.
QuantifiCare is the first investment of Digital Health 2, which, as mentioned earlier, is the new venture fund of LBO France. LBO France supports the growth of innovative SMEs in Digital Health and the Silver Economy via its digital health funds. The company is investing €5 million in QuantifiCare, which will use the funds for expanding its services and strengthening its ‘prominent position’ in skin imaging worldwide.