Corsmed, a Stockholm, Sweden-based MedTech startup specializing in MRI (Magnetic Resonance Imaging) simulator software, has secured €3.3 million in funding. 

Investors 

The round was co-led by Luminar Ventures and Big Pi Ventures, bringing Corsmed’s total funding to €9.5 million. 

Luminar Ventures is a VC firm focused on seed-stage startups across the Nordics, providing experienced seed financing and active operational support to early-stage technology companies aiming to disrupt or transform major industries. 

Big Pi Ventures is a seed-stage venture capital fund that focuses on deep tech and science-based innovation. Founded in 2018 and headquartered in Athens, Greece, Big Pi Ventures supports groundbreaking technologies with high impact potential. 

Corsmed Use of Funds 

The company will use the funds to pursue FDA approval for its innovative MRI scanning software and global expansion. 

About Corsmed 

Founded by Erik Jacobsson, Christos Xanthis, and Athanasios Polimeridis, Corsmed specializes in MRI simulator software designed to advance healthcare accessibility and safety. The company develops software solutions that improve diagnostic imaging by significantly reducing MRI scan times. Leveraging digital twin technology and AI, Corsmed enables faster, more efficient MRI scans. Its software is currently used by research institutions and hospitals for training and clinical applications. 

Funding Details 

Company: Corsmed AB 

Raised: €3.3M 

Round: Unknown 

Funding Month: December 2024 

Lead Investors:  Luminar Ventures, Big Pi Ventures

Additional Investors:

Company Website: https://www.corsmed.com/  

Software Category: MRI Simulator

Source: https://mindgard.ai/blog/mindgard-raises-8m-industry-first-ai-security-solution