Photo: Deepc

Deepc: 12 million euros in Series A

Deepc has raised €12 million in a Series A financing round. Investors include Sofinnova Partners, Bertelsmann Investments, and existing investor Winning Mindset Ventures. The fresh capital will be used, among other things, for the company's expansion and the development of additional features for the DeepcOS platform.

The startup founded in 2019 Deepc is developing AI software for imaging diagnostics. This software is designed to radically transform the workflow of radiologists. The company's core technology, DeepcOS, is a cloud-native, vendor-independent platform that can be integrated into existing radiology workflows. The platform aims to provide hospitals and medical practices with a central point of contact for all applications and services in the field of AI-supported radiology.

“Completely new ways of providing healthcare”

Franz Pfister, co-founder and CEO of Deepc, explains:

"At Deepc, we believe that AI has the potential to open up entirely new avenues in healthcare. Our AI platform, DeepcOS, will fundamentally transform radiology by enabling the use of AI products for faster and more accurate diagnoses, and thus better treatment outcomes. We are delighted to have Sofinnova Partners and Bertelsmann Investments on board. Their extensive network in healthcare will significantly contribute to Deepc's advancement."

After a successful seed financing In February 2021, the medtech company secured a €12 million Series A round. The funding will be used to support the commercialization of the AI operating system and further product innovations to increase user-friendliness for radiologists. The medtech startup also aims to accelerate its expansion.

Widespread application of AI in healthcare

“Our investment in Deepc underlines our belief that digital medicine has immense potential and that the technological enablers will be at the forefront of the digital revolution in healthcare – precisely what we have focused our investment strategy for digital medicine on,”

said Simon Turner, Partner at Sofinnova PartnersHe continues:

"DeepcOS enables the widespread application of AI in key areas of healthcare. The team has successfully demonstrated the benefits its development work offers physicians and their patients."

Deepc has already won a number of awards. In 2020, the Munich-based company was honored with the Founders' Award from the Federal Ministry for Economic Affairs and Energy as the main winner, and also received the special award in the field of health. The Eugen Münch Prize from the Münch Foundation and the Munich Digital Innovation Award also went to the startup in 2019. In 2020, Deepc was among the 50 German startups with the greatest success in start-up competitions.

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