Radiology Business December 2, 2024
French startup Raidium has raised nearly $17 million (USD) as it seeks to launch the first “GPT of radiology.”
Newfund and Kurma Partners, two European venture capital firms, led the fundraising round. Founded in 2022, Raidium is a med-tech firm developing a 3D foundation model for the specialty. The product is delivered to radiologists through a PACS viewer, “enabling direct interaction…like a radiology copilot,” the company noted.
Leaders said the company is initially focused on enhancing biomarkers in clinical trials, particularly related to oncology and liver disease, before expanding to the broader radiologist workflow.
“As a radiologist [who is] passionate about AI, I see firsthand how current solutions fail to truly support radiologists and, by extension, patients...