AI 3D imaging developer Axial3D has completed a new investment round totaling $18.2 million (€17.5 million).
This includes continued support from Axial3D’s first-round investors Techstart, Innovation Ulster Limite, and US and NI business angels as well as additional follow-on investment from Clarendon. It also welcomes three new strategic investors: 57 Stars, Whiterock, and Innovate UK. 57 Stars will become the company's largest shareholder with its $10 million (€9.6 million) investment.
Axial3D said the funding will help accelerate the company's mission of making patient-specific surgery routine globally. The company's technology creates patient-specific 3D imaging that aims to improve patient care strategies. It added that this technology can help patients globally across patient specific applications in robotics, planning, and patient specific device workflows.
