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[Funding alert] German Deep Tech Startup Orbem has Raises €30M in its Series A Round Funding

German deep tech startup Orbem has raises €30M in its Series A round funding. The investment, led by global venture capital firm 83North, positions Orbem at the forefront of harnessing AI to industrialize MRI technology, making it more accessible, cost-effective, and efficient. New investor La Famiglia and existing investors The Venture Collective, Possible Ventures, and Dr. Rüdiger Schmidt also backed the round.
Team – Orbem

German deep tech startup Orbem has raises €30M in its Series A round funding. The investment, led by global venture capital firm 83North, positions Orbem at the forefront of harnessing AI to industrialize MRI technology, making it more accessible, cost-effective, and efficient. New investor La Famiglia and existing investors The Venture Collective, Possible Ventures, and Dr. Rüdiger Schmidt also backed the round.

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Additionally, among Orbem’s investors are some of Germany’s most prominent entrepreneurs, including Personio co-founders Hanno Renner, Roman Schumacher and Chief Operating Officer Jonas Rieke, former Zalando CEO Rubin Ritter, Forto co-founders Michael Wax, Erik Muttersbach and Chief Operating Officer Dr. Michael Ardelt, Kinexon co-founders Dr. Alexander Hüttenbrink and Dr. Oliver Trinchera, and Bastian Nominacher, Co-CEO and Co-Founder of Celonis.

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Orbem’s pioneering product, driven by AI-powered MRI technology, has the capability to scan a wide range of biological samples, encompassing food products like eggs and nuts, various plant species, construction materials such as timber, and even the human body.

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This innovative solution eliminates the need for human intervention in MRI imaging, as the AI system seamlessly takes on roles traditionally performed by technicians and radiologists. As a result, MRI procedures become several hundred times more cost-effective and faster, making them viable in a wide range of previously untapped markets.

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The Series A round comes on the heels of the successful launch of Orbem Genus Focus for in-ovo sexing, a groundbreaking product that enables hatcheries to determine the sex of an egg in a completely contactless and non-invasive manner, delivering results in just one second per egg.

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Dr. Pedro Gómez, co-founder and CEO of Orbem said, “Our mission is to unleash AI-powered imaging for everything and everyone. We believe this is the best way to carry out our core purpose of shedding light on the world’s toughest challenges. With 30 million EUR in funding, we will have the utmost flexibility to realize our vision of deploying AI-powered imaging to sustainably address global food security, accelerate the transition to a green economy, and transform disease detection”,.

Orbem’s accessible AI innovation for scanning biological materials is poised to disrupt multiple industries, including agriculture, construction, and healthcare. In agriculture, Orbem’s non-invasive technology will empower farmers to breed resource-efficient, climate-resilient crops while enhancing food chain security through AI-powered MRI.

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About Orbem

Orbem drives AI-powered imaging for everything and everyone. By combining rapid magnetic resonance imaging with advanced deep learning, the deep-technology company sheds light on the world’s toughest challenges.

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Orbem was founded in 2019 as a spin-off from the Technical University of Munich. Headquartered in Munich, the top-tier, international, diverse, and multidisciplinary team is imagining new frontiers every single day to build a sustainable and healthy future.

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