Smart Reporting, a Munich, Germany-based company that develops medical documentation technology based on artificial intelligence (AI), received a €15M venture debt loan from The European Investment Bank.
The EIB venture debt loan is backed by a guarantee under the European Union’s InvestEU Programme.
The company intends to use the funds to expand its tech position, tap into new markets and further scale up its software and data business.
Led by co-CEOs Wieland Sommer and Peter Vanovertveld, Smart Reporting has developed medical documentation technology based on artificial intelligence (AI) that makes it possible to collect, structure and process clinical data. The voice-controlled, AI-supported diagnostic software can be used across radiology, pathology and other clinical areas and make a contribution to the digitalization of healthcare. The technology can be used to produce fully evaluable and machine-readable results that, in radiology and pathology, are already reducing time to diagnosis, improving diagnostic quality, automating manual processes and easing communication with referring physicians, thereby helping to optimise patient care.
FinSMEs
21/04/2023