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Quibim $50m Series A To Fund High-Performance Computing And US Expansion

 
• By Natasha Barrow

Quibim announces $50m in an oversubscribed series A funding round. Quibim CEO Ángel Alberich-Bayarri discusses his plans for the new financing and the company’s competitive edge in training AI with multimodal data.

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• Source: Shutterstock

Quibim, a health tech company designing AI tools to unlock clinical imaging data, secured $50m in an oversubscribed series A funding round, announced today. The round will finance high-performance computing for training AI and support building commercial and business development teams for product launch in the US, Ángel Alberich-Bayarri, Quibim CEO, told Medtech Insight.

Venture capital firms Asabys and Buenavista Equity Partners led the round, accompanied by new investors UI Investissements and GoHub Ventures. Amadeus Capital Partners is also investing and “following on,” said...

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