#NEWS: Our corporate venture fund continues its long-term investment in Brainomix, a leader in AI-powered imaging solutions. The new, joint Series C Round investment will support the global expansion and broad clinical uptake of Brainomix’s breakthrough solutions, facilitating faster diagnosis and expanding access to life-saving treatments for patients with stroke and pulmonary fibrosis. #BioTechInvestment #HealthcareInnovation #LifeForward
📣 Brainomix Completes £14M ($18M) Series C Round to Advance Its Transformative AI Imaging Technology in Healthcare 📣 The University of Oxford spinout accelerates expansion in the US of its innovative stroke AI imaging solution, with its demonstrated impact on lifesaving thrombectomy and thrombolytic treatments. Funding will also support clinical uptake of its breakthrough solution in lung fibrosis. Michalis Papadakis, CEO and Co-Founder at Brainomix: “We would like to thank all the investors that participated, including Parkwalk Advisors and Boehringer Ingelheim for their continued support, and welcome Hostplus, all of whom recognize the transformative impact that our technology can have on treatment for stroke and lung fibrosis patients. We will continue to harness our position and experience as a European market leader to achieve broad success in the US, helping improve patient care and access to life-changing therapies.” Lord Patrick Vallance, UK Minister of State for Science, Research & Innovation, said: “The AI tools developed by Brainomix are already helping patients get fast and accurate diagnosis and treatment for a range of serious conditions. Securing this funding will help them to grow, create more jobs, and support more patients. This is not only an example of an excellent university spinout, but also evidence of how the deep pool of tech and life sciences expertise found in Oxford, and across the country, is drawing investment into the UK, driving growth, and supporting our Plan for Change.” John Pearson, Chief Investment Officer at Parkwalk Advisors, said: “The potential for AI-powered platforms in healthcare to revolutionise diagnosis and treatment decisions is clear. Brainomix has successfully demonstrated its platform imaging software is able to deliver both significant societal impact and strong growth for investors. Parkwalk is excited to continue supporting a company that is creating comprehensive solutions to critical needs and implementing them at scale.” Oliver Reuss, Investment Manager of the Boehringer Ingelheim Venture Fund and Director of the Brainomix Board, said: "Brainomix has demonstrated an unparalleled track record of successfully delivering AI solutions into stroke clinical practice, and they are now doing it again in lung fibrosis. As a strategic investor with a shared vision to enhance care for lung disease, we believe Brainomix has the potential to improve the identification and access to treatment for people with lung fibrosis." 🔗 https://lnkd.in/eFd_XfDT LifeSci Advisors, LLC Oxford University Innovation #SeriesC #investment #funding #AI #stroke #lungfibrosis #UK #TransformingTreatment