PSL Innovation Fund has backed Gleamer, an automated radiology image analysis platform co-founded by a former École normale supérieure research student.
France-based automated radiology support platform Gleamer has closed a €1.5m ($1.8m) round co-led by PSL Innovation Fund, the deep tech-focused vehicle allied to Université PSL, Les Echos reported today.
PSL Innovation Fund co-led the round with a $590,000 contribution matched by XAnge, the VC arm of private equity group Siparex.
Early-stage VC firm Kima Ventures also supplied funding, as did government-owned investment bank Bpifrance and assorted angel investors.
Founded in late-2017, Gleamer is working on an artificial intelligence (AI)-powered platform that helps trauma radiologists assess their patients.
The technology uses deep learning to flag up potential abnormalities on radiology scans, compiling a detailed report that can then be manually amended.
Gleamer has earmarked the capital for two clinical studies of its platform, with the purpose of securing the EU-wide CE safety accreditation by the summer of 2019.
Proceeds will also go towards honing Gleamer’s deep learning algorithms, and the company hopes to eventually introduce similar technologies for MRI and CT scans.
Gleamer’s co-founders include Alexis Ducarouge, who previously worked with deep reinforcement learning and other models of AI while at Institute for Intelligent Systems and Robotics and École normale supérieure, with the latter a member of the Université PSL system.