Axial3D Secures Significant Funding
Belfast-based medical technology firm Axial3D has successfully raised $18.2 million in an investment round to further develop its AI-powered 3D medical imaging technology. This funding is crucial for the company as it strives to improve accessibility to personalized healthcare solutions.
Innovative Technology for Personalized Care
Axial3D has created a patented cloud-based AI platform that transforms patient scans, such as CT and MRI images, into precise 3D printable files. These models serve various crucial purposes, including personalized surgical planning, custom implants, and patient education.
The recent funding round received ongoing support from initial investors like Techstart and Innovation Ulster Limited, alongside new investors like Whiterock and Innovate UK.
Impact on the Medical Field
Bernie McGuire, Managing Director at 57 Stars, expressed enthusiasm for Axial3D’s technology, noting its potential in the Medtech space. The funds will support the expansion of their technology applications in personalized healthcare.
Collaborations for Better Outcomes
Since its founding in 2014, Axial3D has collaborated with significant partners like GE HealthCare to bring forth innovations that lead to radiation-free 3D visualizations. By working closely with hospitals, the company aims to enhance surgical preparations through tailored 3D models.
Conclusion
This latest investment allows Axial3D to strengthen its mission of making patient-specific healthcare more accessible, potentially impacting millions around the globe.
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