Romanian medtech Synaptiq raises €440k investment round

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Summary

The Cluj-based medical software company Synaptiq, specialized in optimizing cancer treatment, has raised 440,000 in a new round of investments. Founded in 2020, Synaptiq develops Mediq solution which allow radiation oncologists to identify and delineate the tumors and organs at risk from the current average of 24 hours to a maximum of 5 minutes, to quickly make the treatment decisions, and thus increase the chances of survival for patients. Synaptiq has currently a team of 15, including software engineers and business experts, and a group of five radiation oncologists. We will support the Synaptiq project with all our strength so that together we can have an even bigger impact in the lives of people across the globe, The current investment round will be used to complete the European Level Certification of the Mediq solution and to carry out the full clinical trial required for the accreditation. This will enable the deployment of Mediq in radiotherapy clinics across all Europe, in parallel with the addition of new features and functionalities in the application.

$ Funding

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Amount $702.3K Total raised
Date April 4, 2023 Announcement date
Investors - Lead investors
Company https://synaptiq.io Funded company

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