AI Medical Technology

Stockholm, Sweden Founded: 2020 • Age: 6 yrs
AI-driven diagnostic tools for skin cancer detection are developed.

About AI Medical Technology

AI Medical Technology is a company based in Stockholm (Sweden) founded in 2020 by Jens Dolve, Panos Papachristou, Jonatan Helenason, and Christoffer Ekstrom.. AI Medical Technology has raised $1 million across 1 funding round from investors including Northern CapSek Ventures. AI Medical Technology offers products and services including Dermalyser. AI Medical Technology operates in a competitive market with competitors including DermaSensor, SciBase, DeepX Health, DigitalDerm and iCi en orbite, among others.

  • Headquarter Stockholm, Sweden
  • Founders Jens Dolve, Panos Papachristou, Jonatan Helenason, Christoffer Ekstrom
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    Apr 29, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of AI Medical Technology

AI Medical Technology offers a comprehensive portfolio of products and services, including Dermalyser. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

AI-supported tool for quick melanoma diagnosis and decision support.

Funding Insights of AI Medical Technology

AI Medical Technology has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $1.0M
  • First Round

    (29 Apr 2024)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2024 Amount Seed - AI Medical Technology Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in AI Medical Technology

AI Medical Technology has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Northern CapSek Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Northern CapSek Ventures is engaged in investing in tech scaleups outside Stockholm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AI Medical Technology

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AI Medical Technology

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ai Medical Technology Comparisons

Employees
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Competitors of AI Medical Technology

AI Medical Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DermaSensor, SciBase, DeepX Health, DigitalDerm and iCi en orbite, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Handheld diagnostic device for skin cancer lesions is developed.
domain founded_year HQ Location
Point-of-care device for malignant melanoma detection is provided.
domain founded_year HQ Location
Develops AI-based diagnostic devices for detecting malignant melanoma.
domain founded_year HQ Location
Provides image management tools for early melanoma detection.
domain founded_year HQ Location
Delivers comprehensive AI-powered solutions for advanced skincare technology.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about AI Medical Technology

When was AI Medical Technology founded?

AI Medical Technology was founded in 2020 and raised its 1st funding round 4 years after it was founded.

Where is AI Medical Technology located?

AI Medical Technology is headquartered in Stockholm, Sweden.

Who is the current CEO of AI Medical Technology?

Christoffer Ekstrom is the current CEO of AI Medical Technology. They have also founded this company.

Is AI Medical Technology a funded company?

AI Medical Technology is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Apr 29, 2024.

What does AI Medical Technology do?

AI Medical Technology was founded in 2020 in Stockholm, Sweden, focusing on the health technology sector. Diagnostic decision support systems, including Dermalyser, are provided to classify skin cancers like malignant melanoma. Image analysis combined with deep learning is utilized in operations. Services target medical professionals for improved detection accuracy across European markets.

Who are the top competitors of AI Medical Technology?

AI Medical Technology's top competitors include DermaSensor, SciBase and DeepX Health.

What products or services does AI Medical Technology offer?

AI Medical Technology offers Dermalyser.

Who are AI Medical Technology's investors?

AI Medical Technology has 1 investor. Key investors include Northern CapSek Ventures.

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