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Aignostics secures $34m to revolutionize AI in pathology

New funding accelerates AI advancements for precision medicine

29-Oct-2024

Key points from article :

Aignostics, a pioneering AI company in pathology data analysis, has successfully raised $34 million in Series B funding, led by ATHOS with contributions from notable partners, including the Mayo Clinic. This investment will accelerate the development of advanced AI solutions for precision medicine, focusing on the analysis of multimodal pathology data to enhance drug discovery and clinical trials.

The funding will help Aignostics launch scalable “plug-and-play” AI products for various applications, expand its presence in the U.S. market, and collaborate with Mayo Clinic to create advanced foundation models. CEO Viktor Matyas emphasized that the recent advancements, particularly their foundation model, RudolfV, enable the rapid development of cost-effective algorithms, paving the way for significant innovations in computational pathology. The combination of rigorous scientific methods with AI technology positions Aignostics at the forefront of transforming pathology data analysis in the biopharmaceutical industry.

Robert Riener, a prominent figure in healthcare technology, underscores the importance of such innovations in advancing precision medicine and improving patient outcomes.

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Aignostics

A prominent AI firm focused on analysing pathology data

Mayo Clinic

Non-profit American academic medical center focused on health care, education, and research

Topics mentioned on this page:
Investments, Precision Medicine
Aignostics secures $34m to revolutionize AI in pathology