What is axial3D?
axial3D is an award-winning Small and Medium-sized Enterprise (SME) specializing in artificial intelligence-based software solutions for medical imaging. The company's mission is to enhance the accuracy and speed of pre-operative planning, diagnosis, and treatment for patients globally. By automatically converting complex 2D medical scans into precise 3D visualizations, axial3D aims to revolutionize patient care and surgical outcomes. The company's focus on AI in medical technology positions it at the forefront of digital health innovation.
How much funding has axial3D raised?
axial3D has raised a total of $36.9M across 4 funding rounds:
Angel/Seed
$660K
Unspecified
$3M
Unspecified
$15M
Other Financing Round
$18.2M
Angel/Seed (2017): $660K with participation from Techstart NI
Unspecified (2019): $3M led by Techstart Ventures, Innovation Ulster, Clarendon Fund Managers, and Imprimatur Capital Fund Management
Unspecified (2022): $15M supported by Stratasys
Other Financing Round (2024): $18.2M featuring Techstart Ventures, Innovation Ulster, and Clarendon Homes
Key Investors in axial3D
Techstart Ventures
Techstart Ventures is a seed-stage venture capital investor focused on ambitious entrepreneurial teams in Scotland and Northern Ireland, providing capital and support for customer development and business growth.
Innovation Ulster
Innovation Ulster operates within the Custom Software & IT Services industry, providing specialized solutions and likely supporting technology-focused SMEs in their development and scaling efforts.
Stratasys
Stratasys is a global leader in additive manufacturing solutions, providing advanced 3D printing technologies and materials for design and manufacturing processes, indicating a strategic interest in the application of 3D visualization in various industries, including medical.
What's next for axial3D?
The recent major strategic investment signals a pivotal growth phase for axial3D. This capital infusion is expected to accelerate the company's product development, expand its market reach, and further enhance its AI capabilities in medical imaging. With a clear trajectory of increasing financial backing, axial3D is poised to solidify its position as a leader in AI-powered surgical planning solutions, driving innovation within the healthcare technology sector.
See full axial3D company page
