Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Quibim, a Spain-based medical imaging diagnostics technology company exploiting International Cancer Imaging Society and Medical Research Institute La Fe (IIS La Fe) research, yesterday completed an $8m seed round with involvement from Tech Transfer UPV, the university venturing fund for Universitat Politècnica de València. The round was co-led by venture firms Amadeus Capital Partners and Adara Ventures, and also included Apex Ventures, Partech, Crista Galli Ventures and undisclosed existing shareholders. Founded in 2012, Quibim develops algorithm-driven software to scan medical radiology scans for biomarkers of diseases such as cancer, Alzheimer’s, osteoarthritis and liver disease. The company recently launched software for detecting and classifying Covid-19 and now plans to invest in further AI-based radiology products. Quibim was co-founded by Ángel Alberich-Bayarri, a research collaborator at IIS La Fe’s biomedical imaging group, and Luis Marti-Bonmati, professor at the International Cancer Imaging Society.
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