Using artificial intelligence, Floy's software can help radiologists detect complex and difficult-to-see abnormalities. Founded in 2021, Startup received its first financing of €1.3 million in its founding year. A further €2.1 million followed in 2022. In November 2023, HV Capital, All Iron Ventures, and existing investors such as 10x Founders and Xdeck Ventures invested €5.4 million. This round is being increased by the Spanish investor Acurio Ventures and HV Capital for €3.6 million. The healthtech company thus raised a total of €9 million in this investment round.
According to the company, the expansion will enable Floy to advance the development of cutting-edge AI for radiology and obtain global regulatory approvals. The startup also plans its international expansion.
Laura Seifert from HV Capital commented on LinkedIn:
"AI will make a critical contribution to earlier and more accurate detection of serious diseases at scale. We are impressed by Floy's execution and growth in building a product that truly benefits patients."
