RadUnity Raises $500K in Funding

by Taylor Kennedy

RadUnity

RadUnity Corp., a University of Wisconsin spin-off that focuses on data normalization in medical imaging, has secured $500,000 in seed funding, the organization announced recently.

According to a release, the funding will advance the development and implementation of RadUnity’s system for harmonizing medical images and create a platform aimed at addressing the issue of clinical variability in Computer Tomography (CT) scans.

“I am thrilled to move forward with FDA-compliant product development,” RadUnity Founder Tim Szczykutowicz said in a statement. “The fact that one of our investors is a former radiologist validates RadUnity’s potential to alleviate burnout and reduce time spent on image interpretations.”

The round was led by two angel investors based in Birmingham, Ala., though names weren’t disclosed.

RadUnity also will contract a team of regulatory experts and software engineering developers to design and implement a minimum viable product across multiple sites and collect data sufficient for FDA submission.