Physician-founded radiology AI startup deepc balloons fundraising total to $30M
Deepc, a physician-founded radiology AI startup based in Munich, Germany, has ballooned its war chest to $30 million, leaders announced Wednesday.
European venture capital firms Bertelsmann Investments and Sofinnova Partners co-led the Series A financing round, with their latest contribution totaling $13 million. Founded in 2019, the company sells a radiology AI platform called deepcOS, offering third-party solutions across 60 clinical indications. It also touts the ability to ease physician workflows and simplify daily routines.
Deepc said it will use the money to further enhance and commercialize the operating system while also accelerating international expansion.
“The influx of capital into AI is highlighting the importance of enabling technologies that drive adoption in healthcare,” said Simon Turner, a partner at Sofinnova, which has offices in Paris, London and Milan. “These enabling technologies are the focus of the Sofinnova Digital Medicine strategy, and an area that few have yet to command. From the outset, we recognized deepc's potential to revolutionize AI deployment in healthcare.”
CEO and Co-founder Franz Pfister, MD, MBA, a Harvard-trained doctor of medicine, believes Sofinnova and other investors will be a “major asset” as deepc seeks to further scale. Other contributors include SwissHealth Ventures, KHP Ventures, and existing investor Winning Mindset Ventures. The company’s customer base now spans 30-plus countries, with deepc employing 40 employees across seven cities. Current clients include Solothurn Hospital in Switzerland, the LMU University Hospital in Germany, and the National Health Service in England.
Deepc previously raised $13 million in 2023 and acquired Osimis, a medical image management platform, in February.
Marty Stempniak has covered healthcare since 2012, with his byline appearing in the American Hospital Association's member magazine, Modern Healthcare and McKnight's. Prior to that, he wrote about village government and local business for his hometown newspaper in Oak Park, Illinois. He won a Peter Lisagor and Gold EXCEL awards in 2017 for his coverage of the opioid epidemic.