Copenhagen, Denmark – 12 September 2024 – Today, Cerebriu, a leading innovator in AI-powered radiology solutions, has successfully closed a Series A Round to further its mission of expanding MRI accessibility through advanced artificial intelligence. This latest capital injection by the Danish venturefund North Ventures, with continued support from long-term partners EIFO (Denmark’s Export and Investment Fund) and Sagitta Ventures, will enable the Danish company to broaden its portfolio but also to accelerate its commercial development.
Founded in 2018 in Copenhagen, Cerebriu has introduced Apollo, the first CE-marked real-time MRI triage and automated protocol optimization solution for brain MRI. Cerebriu’s technology has already garnered significant attention – supported by the first implementations in hospitals in Europe, Asia and the Middle East. The company is also working in partnership with leading MRI manufacturer Siemens Healthineers, as well as with leading hospitals in the USA for clinical validation.
“We believe in Cerebriu’s mission to address the critical challenges facing the healthcare industry” commented Mikkel Rørvig, Partner in North Ventures. “Their AI-powered solutions are poised to play a crucial role in improving radiology workflows and enhancing the overall quality of care in healthcare systems worldwide. We’re proud to support their growth.” As the global demand for MRI exams continues to rise, radiology departments are struggling to maintain the current volume of imaging exams daily while experiencing staffing shortages all over the world. The need for innovative workflow solutions supported by AI and automation to ease the burden on the radiology department staff is crucial.
“We are proud to support Cerebriu at this pivotal stage in their growth” commented Claudia Maria Colciago, Senior Investment Manager at EIFO. “Their innovative technology holds the potential to significantly transform medical imaging by making it faster, more accessible, and more precise for both patients and healthcare providers around the world. We are excited to help propel their expansion and amplify the value they deliver to their customers globally.” Cerebriu’s AI-powered solutions are poised to play a crucial role in improving radiology workflows, reducing patient wait times, and enhancing the overall quality of care in healthcare systems worldwide.
Robert Lauritzen, CEO of Cerebriu, states, “We are thrilled to announce closing our Series A Round, which will enable us to further deploy our Software Suite Apollo to address the growing gap between the need for MRI exams and the foreseen shortage of radiologists and radiographers. With the support of our investors, we can continue to innovate and develop Cerebriu’s AI product line to improve MRI
accessibility worldwide.”
Cerebriu’s flagship product, Apollo, has already demonstrated significant improvements in the Brain MRI workflow efficiency. By personalizing MRI protocols based on real-time findings, Cerebriu’s AI solution acts as a clinical companion for MRI technologists, optimizing scan times and reducing unnecessary patient recalls.
À propos de Cerebriu
At Cerebriu, we are at the forefront of revolutionizing medical imaging with cutting-edge Artificial Intelligence solutions. Specializing in automating the MRI workflow, we are committed to enhancing patient outcomes by streamlining and optimizing the diagnostic process.
We understand the challenges faced by healthcare professionals in today’s dynamic environment. Harnessing the power of AI, our solutions are designed to complement the expertise of medical professionals, providing them with powerful tools to deliver the highest standard of care.
Our mission is to empower healthcare professionals with advanced technologies that streamline MRI processes, enhance efficiency, accuracy, and ultimately contribute to improved diagnostic outcomes.
About North Ventures
North Ventures is a Danish technology focused venture capital firm that helps experienced and ambitious entrepreneurs build innovative companies that have the potential to become global market leaders.
We invest in, and support, founders and their companies by supporting them through our unique value creation platform, and providing the financial foundation and operational support to execute their vision and change the world for the better.
About EIFO
EIFO is the national promotional bank and export credit agency of Denmark combined in one financial institution. Active in over 100 countries, and with a total business volume of more than EUR 20 billion, EIFO provides financial solutions for Danish companies and their global partners, while also investing in startups and funds. We exist to open doors for Danish global business, accelerate the green transition, promote new technologies and develop the Danish defense industry. With our willingness to take risks in financing, EIFO paves the way for those who dare to think bigger.
Media Contacts:
Cerebriu
Sonia Khelkhal, Marketing Director
+33634683779
sk@cerebriu.com
North Ventures
Mikkel Rørvig, Partner
+45 61226894
mr@northventures.dk
EIFO
Ina Bjerregaard-Castenborg, Media Relations Lead
+45 20652114
ibc@eifo.dk