Berlins DeepSpin raises seed funding for its portable, ultra-low-cost MRI system

DeepSpin, a Berlin-based startup that is developing what it describes as a next-generation, AI-powered MRI imaging machine, has raised 600,000 in seed funding.
Backing the round is APEX Digital Health, with participation from existing investors Entrepreneur First (EF) and SOSV, along with a number of unnamed angel investors. Including grants and earlier investment, it brings the total raised to 1 million pre-launch.
DeepSpin is a graduate of EFs company builder programme, where its two founders Clemens Tepel, a former McKinsey consultant, and Pedro Freire Silva, a PhD researcher from KIT decided to partner in September 2019. Freire Silva drew on his research into small-scale, mass-manufacturable MRI systems and pitched the idea to his future co-founder.
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