Powerful Medical News
2 articles
Growth-Positive
Powerful Medical Secures €7.5M in Funding from European Innovation Council to Revolutionize Heart Attack Diagnostics with AI
Powerful Medical, a medical device manufacturer, has been selected to receive a €2.5 million grant and a €5 million investment from the European Innovation Council (EIC). The companys AI-powered ECG interpretation platform, PMcardio, is aimed at transforming cardiovascular diagnostics. The funding will be used to commercialize the companys plans, backed by evidence from planned prospective randomized controlled trials. The company also plans to expand its reach within the EU and pioneer entry into the US market.
InvestmentExpand
growth-positive
Powerful Medical opening branch in Israel - Powerful Medical
Powerful Medical, a company specializing in AI-powered cardiovascular diagnostics, has made several significant strides in its growth. The company launched PMcardio, a tool designed to transform damaged ECG images into precise, shareable, and analyzable digital data. It also announced a research and development partnership with the Cardiovascular Research Center Aalst. Furthermore, the company expanded into 15 additional European markets and added new members to its UK Clinical Board. Additionally, Powerful Medical raised €6.2 million in Seed funding and won the Venture Capital Deal of the Year at the CVCA & SLOVCA Awards competition.
InvestmentPartnersExpand
