Adsilico Raises £10 Million for Virtual Medical Device Testing
University of Leeds spinout adsilico raised £10 million in a Series A round, reports Tech.eu. PXN Ventures led the round, with participation from existing investors Northern Gritstone and Parkwalk.
Adsilico develops Virtual Chimera, a platform that uses generative AI to create virtual hearts and blood vessels from anonymized clinical scans. Physics based simulations let medical device manufacturers assess implants across virtual patients with different ages, sexes, ethnicities, body sizes and medical conditions before clinical trials.
The company will use the funding to develop its virtual heart models, expand into neurovascular devices such as flow diverters for brain aneurysms and increase its workforce. Adsilico has completed projects with heart valve and neurovascular device manufacturers.
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