Brandl Talos advised Contextflow on the deal.
Contextflow, a leading provider of artificial intelligence for medical image analysis, announced a EUR 6.7 Million Series A funding round.
A second closing included an additional EUR 2 Million from new co-investor Peak Pride Management GmbH, HPH (Hans Peter Haselsteiner) Start-up Unit and current investor APEX Ventures with its “APEX Best in Class” fund.
A first closing was led by B&C Innovation Investments GmbH (BCII) and included participation from new co-investor TTIP Beteiligungs GmbH and current investors APEX Ventures, Crista Galli Ventures, IST cube, Nina Capital and Novacapital.
Contextflow is a spin-off of the Medical University of Vienna (MUW), supported by the Technical University of Vienna (TU) and European research project KHRESMOI. Contextflow develops deep learning-based software to improve radiology workflows.
The Brandl Talos team included Markus Arzt (Picture), Christina Bernhart and Elena Ciresa.
Law Firms: Brandl & Talos;
Clients: Contextflow ;