Medimaps Group, a med-tech company specializing in image processing software for the assessment of bone health, has secured USD 20 million in a financing round led by Swisscanto, alongside Swiss Entrepreneurs Fund, Swisscom Ventures, and Verve Ventures. The funds raised will be used to expand its product portfolio with the development and market launch of its patented AI applications for bone health assessment in the U.S., Europe, Asia, and Latin America. The company’s current flagship product TBS iNsight has received medical reimbursement in the U.S. beginning January 1, 2022.

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