French AI startup AZmed raises seed funding

Artificial intelligence (AI) company startup AZMed of Paris has raised 1.2 million euros in seed funding from radiologist and other investors.

The company's Rayolve software uses AI to automate the diagnosis of fractures on x-rays. The software has received the European CE Mark.

Since AZMed's launch in August of last year, it has signed more than 15 partnerships with radiology centers, hospitals, and clinics; more than 200,000 x-rays have been analyzed using Rayolve, according to the firm.

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