TVM Capital Life Science Leads €23 Million Series C Financing Round for Medical Reporting Technology Pioneer, Smart Reporting [Yahoo! Finance]
3M Company (MMM)
Last 3m company earnings: 4/28 06:30 am
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Source: Yahoo! Finance
focused on investments in life sciences innovation, today announced the successful closing of a €23 million Series C financing round for Smart Reporting, a pioneer and market leader in the field of medical reporting, particularly in radiology and pathology. TVM led the round, supported by Bayern Kapital and existing investors. The proceeds will be used primarily to expand international partnerships and product development and, in particular, to strengthen the company's market presence in the US, Canada, Australia and New Zealand. Dr. Hubert Birner, Managing Partner at TVM, will join the Smart Reporting Board of Directors, and Stefan Fischer, Managing Partner (Finance), will serve as a Board Observer. Medical documentation makes up to 40% of a physicians' daily workload. Previously, this was mostly a manual process. Smart Reporting automates and streamlines this workflow and creates valuable data in the process; this is particularly important at a time when the number of radiologists
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MMM
Earnings
- 4/30/24 - Beat
MMM
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 3
- MMM's page on the SEC website