Modicus Prime raised $3.5M in Seed funding led by Silverton Partners to automate biologics image analysis
Modicus Prime raised $3.5M in Seed funding led by Silverton Partners to automate biologics image analysis
07/15/24, 11:27 AM
Location
austinMoney raised
$3.5 million
Industry
machine learning
artificial intelligence
software
Round Type
seed
Investors
Alumni Ventures, Silverton Partners
Modicus Prime, an Austin, TX-based computer vision software provider, raised $3.5M in Seed funding led by Silverton Partners. The company intends to use the funds to further service their international pharmaceutical customers with additional customer support.
Company Info
Location
austin, texas, united states
Additional Info
Modicus Prime's Self-Service software places cutting-edge AI where it belongs: in the hands of biotechnology experts. Our computer vision solution, mpVision, provides intelligent image analysis to monitor biologics at any scale. mpVision has been tested by scientists in a Top 10 Pharma company supporting our mission to eliminate contamination from the pharmaceutical industry. These contaminations cost 100’s of millions of dollars per incident as illustrated by the recent Covid vaccine 60 M incident experienced by J&J/AstraZeneca/Emergent. Such unmet needs of the Life Sciences industry, including real-time product quality assurance, full agency compliance, faster go-to-market, and reduced operating costs, are being met with Modicus Prime’s Self-Service AI solution.