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AZmed secures €15m in Series A funding

PRIVATEFeb 20, 2024

Amount Raised

$15 Million

Round Type

Series A

Medical Equipment Manufacturing

Investors

Tempact VenturesTechstarsMaison Worms

Description

AZmed has secured €15 million in Series A funding from US and European investors, positioning the company to strengthen its leadership in Europe and extend its operations globally.

Quick answer

AZMED raised $15 Million in a Series A round, dated February 20, 2024. Investors: Tempact Ventures, Techstars and Maison Worms.

How much did AZMED raise?
AZMED raised $15 Million in a Series A round on February 20, 2024.
Who invested in AZMED?
Tempact Ventures, Techstars and Maison Worms are named as investors in this round.
What does AZMED do?
AZmed has been the first French company to commercialize AI-powered radiology software.
Who are the decision-makers at AZMED?
Fundz holds 1 contact at AZMED. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical Equipment Manufacturing around the same time

Companies in the same sectors as AZMED that raised within 45 days of this round, from Fundz verified event records.

  • BrainCheck, Inc. raised $15M (Funding Round) on March 7, 2024.
  • Koalaa raised $1.2M (Seed) on February 16, 2024.
  • CARPL raised $6M (Seed) on February 15, 2024.
  • Amazec Photonics raised $1.6M (Seed) on February 15, 2024.
  • Motif Neurotech raised $19M (Series A) on February 14, 2024.
  • Noccarc raised $2M (Seed) on February 13, 2024.

Who to call at AZMED, and when

A new round usually means AZMED is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day AZMED raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at AZMED, from your own LinkedIn network

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Company Information

Company

AZMED

About

AZmed has been the first French company to commercialize AI-powered radiology software. For the last 10 years, the number of medical imaging acts has been multiplied by 2 in OECD countries. In contrast, the number of specialists able to analyze this flow of information has stagnated. Thus, radiologists have less and less time to make the right decision and less time with the patient themselves. 
 AZmed facilitates trauma and chest X-ray diagnostics thanks to artificial intelligence. It helps doctors save time and dedicate resources to life-threatening exams. Deep learning technologies as developed by AZmed are fully integrated into doctors’ workflow, making them easy to use, without requiring any change in their work habits. We differentiate by focusing on low-level exams, to enable doctors to improve their daily productivity and optimize their workflows. AZmed solutions are already used in more than 1000 healthcare institutions. More than 9000 doctors use the solution daily in 40 countries and 5 continents. 
AZmed’s teams are working side by side with radiologists to shape the future of medical imaging.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

AZMED raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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