Minneapolis-based medical imaging data and AI platform, Flywheel, has successfully raised $54 million in Series D funding. The funding round was supported by prominent tech giants such as Nvidia and Microsoft, among others.
Flywheel specialises in transforming complex imaging data into analysis-ready datasets, facilitating accelerated research and AI development. The platform offers comprehensive solutions to various entities, including pharmaceutical companies, providers, payers, system integrators, AI developers, and academic medical centres, allowing them to maximise the value of their data assets.
The newly secured funding will contribute to Flywheel's ongoing growth in its primary markets, which are public-sector healthcare and pharmaceutical companies. It will also support its expansion into other markets, and play a vital role in extending Flywheel's global presence, particularly across key European geographies.
With this substantial investment, Flywheel is well-positioned to enhance its offerings, broaden its market reach, and further establish itself as a leading player in the medical imaging data and AI sector.
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