Paris-based Avatar Medical Secures €5 Million in Seed Funding
Summary
Leading the investment was GO Capital, with assistance from US-based Plug & Play, Acorn Pacific Ventures, Rives Croissance, and Cenitz.A total of fifteen radiologists and surgeons contributed to the financing round, demonstrating their strong support for this ground-breaking and inventive solution. This new milestone is very exciting as it gives us the means to launch the commercialization of our FDA-cleared solution in the US, while accelerating the sales to medical schools on both continents,.A group of businesspeople, physicists, engineers, and surgeons from France and the United States created Avatar Medical in 2020 as a spin-off of the Institut Pasteur and the Institut Curie. With its headquarters in both France and the US, it has received numerous honors, including distinction from Nvidia Inception, Laval Virtual, Medfit, and EIC Accelerator.Fr\xe9d\xe9ric Le Brun, partner at GO Capital said, From our very first meeting with Avatar Medical, we have been deeply impressed by the technology and its team. Our XR visualization technology is straightforward, scalable, and produces 3D avatars from patient medical photos with ease. Whether in radiology conferences, consultations, or the operating room, our real-time technology provides surgeons with dynamic and accurate insights at the precise moment they need them.