Valencia, Spain – January 28, 2025 – Quibim, a pioneering Spanish startup at the forefront of artificial intelligence (AI)-driven medical imaging analysis, has announced a successful $50 million Series A funding round. This significant investment underscores the growing momentum of AI in healthcare and positions Quibim to accelerate its development of foundational AI models for a wide range of medical conditions, including cancer, neurological disorders, and metabolic diseases. The funding round was led by prominent Spanish venture capital firm Asabys and private equity firm Buenavista, with participation from a diverse group of institutional and individual investors, including Amadeus Capital Partners, Apex Ventures, Partech, and Tony Fadell, the co-creator of the iPod and iPhone.
This substantial capital infusion brings Quibim's total funding to approximately $70 million since its inception, providing the company with the resources to aggressively pursue its ambitious growth strategy, particularly its expansion into the U.S. market. Quibim's strategic focus is on enhancing diagnostic accuracy and improving disease detection through the analysis of visual data obtained from various medical imaging modalities, such as X-rays, CT scans, and MRIs. The company's flagship product, QP-Prostate, is specifically designed to enhance the detection and diagnosis of prostate cancer. Furthermore, Quibim is actively developing a pipeline of AI-powered solutions targeting other critical areas, including the brain, liver, breast, and lungs.
Beyond its organ-specific solutions, Quibim offers QP-Insights, a powerful platform for processing multi-omics data. This technology enables researchers and clinicians to integrate and analyze diverse biological data types, facilitating advancements in clinical trials, research studies, and personalized medicine.
Quibim's long-term vision extends to the creation of comprehensive digital twins of the human body. These dynamic models, powered by AI, will provide the medical community with unprecedented insights into human physiology and disease processes. This ambitious endeavor begins at the granular level, focusing on individual organs and lesions, as exemplified by the capabilities of QP-Prostate
Driving Precision Health with AI-Powered Imaging
The convergence of AI and medical imaging is transforming the landscape of healthcare, offering the potential to revolutionize diagnostics, treatment planning, and patient care. Quibim is at the forefront of this transformation, harnessing the power of AI to extract meaningful information from medical images and translate it into actionable insights for clinicians.
Quibim's QP-Prostate solution exemplifies the company's commitment to improving cancer diagnostics. By leveraging advanced AI algorithms, QP-Prostate analyzes MRI scans of the prostate to identify and characterize suspicious lesions with greater accuracy and efficiency than traditional methods. This technology has the potential to reduce the number of unnecessary biopsies, improve the early detection of aggressive cancers, and personalize treatment strategies for individual patients.
The development of AI models for other organs, including the brain, liver, breast, and lungs, underscores Quibim's dedication to addressing a wide range of medical challenges. These AI-powered solutions promise to enhance the detection of subtle abnormalities, improve diagnostic confidence, and facilitate earlier intervention, ultimately leading to better patient outcomes.
Expanding into the U.S. Market and Forging Strategic Partnerships
Quibim's recent FDA 510(k) clearance for QP-Prostate marks a significant milestone in its U.S. expansion strategy. This regulatory approval allows the company to market its prostate cancer detection solution to healthcare providers in the United States, opening up a vast market opportunity. The company has also strategically appointed its first U.S.-based chief medical officer, further demonstrating its commitment to the American market.
Quibim has already established a strong global presence, with 170 installations worldwide. Its impressive roster of partners includes prestigious institutions such as Stanford University and Harvard-affiliated Mass General Brigham. These collaborations validate the value of Quibim's technology and its potential to transform clinical practice. Furthermore, the integration of Quibim's AI models into Philips' scanners highlights the company's strategic alliances with key players in the medical imaging industry.
The Power of Multi-Omics Data Integration
Quibim's QP-Insights platform represents a significant advancement in the analysis of multi-omics data. By integrating and analyzing diverse biological datasets, including genomics, proteomics, and metabolomics, QP-Insights empowers researchers and clinicians to gain a more comprehensive understanding of disease mechanisms and identify potential therapeutic targets. This technology is particularly valuable in the context of clinical trials, where it can be used to stratify patients, predict treatment response, and accelerate the development of new therapies.
Building Digital Twins for Precision Health
Quibim's long-term vision of creating digital twins of the human body represents a paradigm shift in healthcare. These dynamic models, powered by AI and informed by multi-omics data, will provide a holistic view of individual patients, enabling personalized predictions of disease risk, treatment response, and overall health trajectory. Digital twins hold the promise of transforming healthcare from a reactive to a proactive model, empowering clinicians to anticipate and prevent disease, rather than simply reacting to its manifestations.
A Vision for the Future of Healthcare
Quibim's $50 million Series A funding round marks a pivotal moment in the company's journey. With its innovative AI-powered solutions, strategic partnerships, and ambitious vision, Quibim is poised to become a leader in the rapidly evolving field of medical imaging. The company's commitment to precision health, driven by AI and multi-omics data integration, promises to transform the future of healthcare, improving patient outcomes and empowering clinicians with the tools they need to provide the best possible care. As CEO and co-founder Ángel Alberich-Bayarri stated, "Quibim’s mission is to turn imaging into a catalyst for precision health. Our global expansion into the U.S. is a critical milestone as we work with pharmaceutical leaders and healthcare providers to unlock the power of imaging to revolutionize diagnostics and improve patient outcomes.” This funding round provides the necessary fuel for Quibim to realize this vision and usher in a new era of AI-driven healthcare.
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