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Medical System Screening

Company

Content

Owners

+ VEB Ventures (Formerly VEB Innovations)
+ National Technology Initiative (STI) Venture Fund

"Medical System Screening" - creators of the neural network for analyzing medical images of Cels.

History

The service was launched by Nikita Nikolaev and Yevgeny Nikitin, the founders of the credit scoring project FscoreLab. Stanislav Chernin[1] were announced by the investment director as of 2019: [2].

The first city where this decision was introduced in pilot mode was Kaluga.

2020: Attracting 180 million rubles of investment

At the end of December 2020, the Venture Fund of the National Technology Initiative (STI), which was created by the Russian Venture Company (RVC), invested 180 million rubles in Medical System Screening.

The developer of the AI-platform for medical diagnostics intends to use the attracted investments to develop sales and improve the product by increasing the types of analyzed images and data, improving the accuracy of conclusions and adding new methods of research. The company also intends to obtain certification in Russia and abroad with a focus on the markets of Southeast Asia, the Middle East, Africa and Europe.

AI platform for medical diagnostics "Cels" attracted 180 million rubles

According to Yevgeny Borisov, a partner of Kama Flow (managing company of the NTI venture fund), investing in the Medical Screening System was a landmark transaction for the fund, which marked the beginning of the implementation of the fund's strategy in the field of digital medicine.

File:Aquote1.png
For our team, Cels is not just a kind of "venture history" that was created to attract investment. We initially approached the implementation of the project as a business, "says Igor Chernin, co-founder of the startup. - Just get investment money is not as valuable as an investment with a good partner. We believe that with the attraction of these investments, we will be able to more intensively develop not only technologically and conduct new developments. This will also allow us to gain a foothold in the Russian market, to begin to actively operate abroad.
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VEB Ventt CEO Oleg Teplov noted that, according to forecasts, the global market for IT systems in healthcare should exceed $130 billion by the end of 2020, and solutions such as the Cels project will receive increasing implementation in medical institutions. VEB Ventures joined the STI venture fund six months ago with obligations of 1.5 billion rubles, which will be aimed at stimulating and accelerating the digitalization of promising market segments, he added.[3]

Notes

  1. [https://rb.ru/longread/aicancercelsus/ AI and oncology
  2. how programmers developed a system that recognizes cancer]
  3. STI Venture Fund Invests in AI-Based Medical Diagnostic Platform