mediaire raises €2 million from High-Tech Gründerfonds (HTGF), primeCROWD and LIFFT

mediaire, a Berlin, Germany-based developer of  technologies in the field of magnetic resonance imaging (MRI), announced completing a capital funding round of €2 million ($2.5M).

The money was raised from investors including High-Tech Gründerfonds (HTGF), by the Austrian/German investor network primeCROWD and the Italian LIFTT.

The capital increase will support the Sales & Marketing activities in several countries, with the creation of a commercial network, the further development of the product range and upselling. After the kick-off in Germany, Switzerland and Austria in 2020, mediaire is planning to extend its geographical coverage into other European markets starting 2021 and into further international markets by 2023. At the same time its product portfolio will grow from the current focus on brain imaging into other areas like knee or prostate.

mediaire, founded in 2018 by Andreas Lemke (CEO) and Jörg Döpfert, developed a software tool that allows to improve the workflow of radiologists through more efficient quantitative image analysis, as well as reducing operating costs thanks to the use of Artificial Intelligence and Deep Learning. Their aim was to speed up the quantification for brain volume and the detection of brain lesions thus facilitating the early diagnosis of neurodegenerative diseases such as multiple sclerosis or Alzheimer’s.