[Funding alert] German Deeptech firm Orbem Secures €30M Series A Funding
Oct 11, 2023 | By Team SR
Deeptech company Orbem in Germany secures €30M in Series A funding. Existing investors The Venture Collective, Possible Ventures, Dr. Rüdiger Schmidt, and new investor La Famiglia were also a part of the round, which was led by 83North.
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Follow usHanno Renner, Roman Schumacher, Jonas Rieke, Rubin Ritter, Michael Wax, Erik Muttersbach, Dr. Michael Ardelt, Dr. Alexander Hüttenbrink, Dr. Oliver Trinchera, and Bastian Nominacher are among the German businessmen who have invested in the round.
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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 realise our vision of deploying AI-powered imaging to sustainably address global food security, accelerate the transition to a green economy, and transform disease detection,".
Gil Goren, General Partner at 83North said, "The era of digitisation, groundbreaking technological innovation, and the AI revolution present a golden opportunity for companies to solve real-world challenges and establish solid independent businesses. Orbem has harnessed AI to industrialize MRI technology, unlocking the potential to revolutionize food production, expedite the transition toward a sustainable economy, and enhance disease detection. It is a great pleasure joining this amazing crew on a journey to a better world,"
About Orbem
Orbem combines quick imaging techniques with advanced deep learning to provide insight into the most challenging issues facing the globe. We develop imaging solutions that are quick, precise, and easy to apply in order to uncover unknown knowledge sources.
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We strive to make a difference in all we do, and we employ deep tech solutions to feed the world sustainably, hasten the transition to a green economy, and revolutionize disease detection.
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