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HomeFunding Paris-based Avatar Medical Secures €5 Million in Seed Funding

[Funding alert] Paris-based Avatar Medical Secures €5 Million in Seed Funding

Paris-based Avatar Medical secures €5 million in seed funding. Leading the investment was GO Capital, with assistance from US-based Plug & Play, Acorn Pacific Ventures, Rives Croissance, and Cenitz.

Paris-based Avatar Medical secures €5 million in seed funding. Leading the investment was GO Capital, with assistance from US-based Plug & Play, Acorn Pacific Ventures, Rives Croissance, and Cenitz.

A total of fifteen radiologists and surgeons contributed to the financing round, demonstrating their strong support for this ground-breaking and inventive solution. With this funding, Avatar Medical will expedite the development of its AvatarCloud product and invest in commercialization across the US and Europe.

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This investment represents a critical turning point for Avatar Medical. The company’s revolutionary technology immediately transforms medical photos into avatars tailored to each patient, with the aim of revolutionizing surgical consultations and improving the educational experience for medical students.

Surgeons can communicate with patients in real time and in a straightforward, scalable manner by using Avatar Medical’s beautiful 3D and XR renderings in patient consultations.

Read also – Oxford-based MeVitae Raises €1.7 Million in Seed Funding

This transforms the way that surgeons and patients collaborate on decisions, improves surgical quality by streamlining digital planning, and gives hospitals a practical way to lower patient attrition and raise patient happiness. Using Avatar Medical also changes how anatomy, pathology, and radiology are taught to students.

Xavier Wartelle, CEO of Avatar Medical said, “We are proud of all the achievements, from developing a unique solution to identifying the right go-to-market. This new milestone is very exciting as it gives us the means to launch the commercialization of our FDA-cleared solution in the US, while accelerating the sales to medical schools on both continents,”.

A group of businesspeople, physicists, engineers, and surgeons from France and the United States created Avatar Medical in 2020 as a spin-off of the Institut Pasteur and the Institut Curie. With its headquarters in both France and the US, it has received numerous honors, including distinction from Nvidia Inception, Laval Virtual, Medfit, and EIC Accelerator.

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Frédéric Le Brun, partner at GO Capital said, “From our very first meeting with Avatar Medical, we have been deeply impressed by the technology and its team. We are glad to back the company in its exciting journey,”.

About Avatar Medical

Medical picture access is made more accessible by Avatar Medical. Our XR visualization technology is straightforward, scalable, and produces 3D avatars from patient medical photos with ease. Whether in radiology conferences, consultations, or the operating room, our real-time technology provides surgeons with dynamic and accurate insights at the precise moment they need them.

Read also – Dutch-based Phycom Raises €1.75Million in Fresh Round Funding

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