Stockholm, Sweden-based fast-growing, Swedish health-tech company with a mission to build the world’s largest platform and community for healthcare collaboration, Collective Minds Radiology, raised SEK 84 million in funding. The company announced the fundraise on August 28, 2023. Scandinavia-based life science-focused investment company, together with existing shareholders, Segulah Medical Acceleration, Brightly Ventures, Tradecity, Crista Galli Ventures and several European business angels led the financing for the firm.
Purpose of financing for Collective Minds Radiology
With the latest funding, Collective Minds Radiology seeks to accelerate the commercial expansion of its professional healthcare collaboration platform. The platform caters to clinical consultation, education, and clinical research, with the aim of increasing the quality of care.
What the company’s official has to add
Anders Nordell, CEO and Co-founder, Collective Minds Radiology, said, “Our thesis is that there is almost infinite expertise and data in healthcare. The problem is that it is locked into silos at hospitals and healthcare institutes. In order to advance care, more collaboration is the need of the hour. With the support of our investors, our goal is to revolutionize healthcare collaboration. We seek to ultimately helping patients to the right diagnosis and treatment faster.”
In addition, Johan Norling, Co-founder and Chairman, Collective Minds Radiology, “Completing this funding round marks a new major milestone for Collective Minds. We are excited, proud, and humbled by our investors’ confidence in our innovative approach to advancing healthcare collaboration. Our team is in a perfect position to elevate Collective Minds to the next level. We intend to strive towards building a global health tech company that makes a real difference in the industry and, ultimately, for the individual patient.”
What the investors have to comment
Maria Tell, Investment Director, Segulah Medical Acceleration, further said, “SMA is pleased to be leading Collective Minds’ SEK 84 million financing. Leveraging its access to a global network of expertise, user-friendly interface and robust security measures, Collective Minds is uniquely positioned to transform healthcare collaboration. We are excited to partner with the Collective Minds team to accelerate the potential of the Collective Minds platform even further.”
About the company
In 2017, Founders Anders Nordell, Johan Norling, Lennart Blomqvist, and Pär Kragsterman launched the company. Collective Minds transforms the health-tech industry with its innovative collaboration platform, currently focusing on medical imaging and radiology. By leveraging scalable cloud technology technology, the platform allows seamless and secure collaboration among healthcare professionals. It further enables them to share and analyze data, perform educational sessions, and collaborate on clinical research in a data privacy-compliant and safe cloud setting.
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