MRIGuidance, a med-tech company spun out of the University Medical Center Utrecht in the Netherlands, has just been granted $1.9 million in seed investment for a new magnetic resonance imaging (MRI) software called BoneMRI that can analyze soft tissue and bone without radiation.
MRI is traditionally used to image soft tissue, and x-ray-based technology is used for bone scans. However, this new software can use MRI scanners to generate three-dimensional images of human bone that are akin to CT-images in one single exam.
The investment comes from Health Innovations, a coalition of Dutch financial and healthcare groups, and a “strategic informal investor,” according to a press release. BoneMRI is already “being developed and clinically validated” at UMC Utrecht among other major Dutch and Belgian hospitals.
“The BoneMRI technology will improve the quality of patient care, while at the same time reduce healthcare costs,” said Health Innovations partner Dick Sietses. “This, combined with MRIguidance’s strong technology base, integrating AI-technology into their solutions, makes MRIguidance a perfect match for our fund.”