AI developer Aidence adds 10M euros to seed funding

Netherlands-based artificial intelligence (AI) firm Aidence has received 10 million euros in a series A funding round, bringing its total funding to 12.5 million euros.

The funding round was led by INKEF Capital, along with co-investor Rabo Ventures, Northzone, HenQ, and Health Innovations.

Aidence applies AI to the analysis of chest CT scans, with a focus on lung cancer detection. The medical imaging start-up has installed its technology at more than 10 hospitals throughout Europe and aims to receive approval from the U.S. Food and Drug Administration, the company noted.

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