Corsmed secured funding from Lund University Holding and angel investors.

Corsmed, a Lund and Stockholm, Sweden-based software startup developing a MRI simulation platform, announced the completion of a capital investment round.

The capital raise was started in early April of 2019 and was closed as of mid-June 2019, backed by private investors, as well as Lund University Holding. Money will be used to fund further research and technology development, as well as new sales initiatives during the year.

Corsmed, founded in 2016 and led by CEO Erik Jacobsson, developed a software app that is designed for advanced MRI simulations.