Biocogniv

Biocogniv

Biocogniv | AI-Powered Diagnostics for Hospitals. Learn more

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues<1m<1m
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DateInvestorsAmountRound
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N/A

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€150k

Seed

N/A

Seed
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$10.7m

Early VC
Total Funding€9.9m

Recent News about Biocogniv

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Biocogniv is a pioneering startup in the healthcare technology sector, specializing in artificial intelligence (AI) diagnostics for acute care. The company focuses on developing AI-based biomarkers, which are measurable indicators of the severity or presence of some disease state, to enhance early diagnosis and intervention in emergency medicine. This technology aims to reduce the high mortality rates in U.S. hospitals, where over 700,000 patients die annually, with 1 in 20 of those deaths attributed to late diagnosis.

Biocogniv primarily serves hospitals and healthcare providers, including frontline medical staff and emergency departments. The company operates in the digital health market, a rapidly growing sector driven by the increasing adoption of AI and machine learning technologies in medical diagnostics.

The business model of Biocogniv revolves around the development and deployment of its AI diagnostic tools. These tools are integrated into hospital systems to assist medical professionals in making quicker and more accurate diagnoses. The company generates revenue through the sale and licensing of its diagnostic software to healthcare institutions. Additionally, Biocogniv may engage in partnerships and collaborations with other healthcare organizations to expand the reach and application of its technology.

Biocogniv has achieved significant milestones, including receiving FDA Breakthrough Device Designation for its sepsis diagnostic tool, which highlights its potential to provide more effective treatment options for patients. The company has also secured $6 million in seed funding led by Breyer Capital, which will be used to advance its digital diagnostic platform.

The leadership team at Biocogniv includes experienced professionals from both the healthcare and technology sectors, such as CEO and Founder Artur Adib, PhD, who has a background in computer science, biophysics, and quantum mechanics, and has held key positions at companies like Amazon and Twitter.

In summary, Biocogniv is at the forefront of integrating AI into acute care diagnostics, aiming to save lives through early and accurate disease detection.

Keywords: AI diagnostics, acute care, biomarkers, emergency medicine, sepsis detection, digital health, FDA designation, healthcare innovation, hospital systems, early diagnosis.