HealthTech startup XUND secures €6 million to strengthen European leadership in AI-powered healthcare

Vienna-based HealthTech scaleup XUND, which is experts in constructing Software program as a Clinical Tool (SaMD), has actually efficiently shut a EUR6 million pre-Series A financing round to broaden throughout Europe, with a tactical concentrate on DACH and the UK.

The financial investment round was led by Lead Ventures and signed up with by J&T Ventures, with ongoing assistance from existing capitalists MassMutual Ventures, tba network, and LANA Ventures, that declared their dedication to XUND’s objective and development trajectory.

Tamás Petrovics, Founder and Chief Executive Officer of XUND: “ The current financial investment is a testament to the effort of our group over the previous years. It will certainly assist us increase our development throughout Europe while progressing the combination of our clinical tools and RAVE, our innovative huge language version (LLM) service. We are laying the structure for a data-driven, personal medical care system that redefines just how treatment is supplied– today and tomorrow“

Established In 2018 by Lukas Seper, Tamás Petrovics, and Zoltán Tarabó, XUND is experts in establishing SaMD, making it possible for electronic communications from avoidance to medical diagnosis. With the vision of bringing clearness to one of the most vital choices in medical care, XUND’s items are currently made use of by insurance providers, healthcare facilities, and pharmaceutical firms as the very first electronic factor of call.

Today, the business utilizes greater than 40 individuals throughout its places in Vienna, Budapest, and London.

With brand-new financing and a raising profile of MDR-certified SaMD remedies, XUND is additional reinforcing its setting as an organic European champ in electronic health and wellness modern technology.

With need for AI-powered clinical tools rising throughout the continent, XUND thinks they are well-positioned for quick development. Over the coming months, the business will certainly increase its development in DACH and the UK, leveraging its MDR-certified modern technology to allow electronic communications from avoidance to medical diagnosis.

“ We are enjoyed companion with XUND, a business that brings clearness to one of the most vital choices in medical care. Their dedication to digitising the person trip not just improves person treatment however likewise improves procedures for doctor. The long-anticipated synthesis of AI modern technology in person treatment is ultimately taking place extensively and it is absolutely amazing to lower the wall surfaces in between brand-new modern technologies and heritage medical care systems.

” We have enormous self-confidence in XUND’s group and vision, and aspire to sustain their strong development initiatives to change medical care shipment,” stated Balázs Haszonics, Taking Care Of Companion at Lead Ventures.

At the very same time, XUND is settling its function as a vital facilities supplier in Europe’s progressing medical care landscape– totally straightened with the EU’s most current InvestAI effort, which intends to activate EUR200 billion for financial investment in AI remedies that reinforce technical sovereignty.

David Polach, Companion at J&T Ventures included: “ The future of medical care is not simply electronic– it’s smart, smooth, and deeply incorporated. Our financial investment in XUND is driven by the thesis that AI-powered SaMD remedies will certainly be the structure of a much more effective, obtainable, and data-driven medical care system.

“ What establishes XUND apart is not just its first-rate modern technology and the count on it has actually made from a few of the largest names in medical care however likewise the stamina of its starting group and their strong vision. Their deep competence, unrelenting implementation, and dedication to changing electronic health and wellness offer us complete self-confidence that XUND is positioned to come to be a worldwide leader, redefining the future of medical care at range“

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