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Lucida Medical Ltd logo — Medical device software using AI to find cancer precisely an...

Lucida Medical Ltd

Medical device software using AI to find cancer precisely and fast with MRI, focusing on prostate cancer | Hiring now

Founded 2020 United Kingdom Cambridge, United Kingdom 21 employees Grant Biotechnology, Health Care

General Information

Company Name Lucida Medical Ltd
Founded Year 2020
Location United Kingdom Cambridge, United Kingdom +1
Employees 21
Industries Biotechnology, Health Care
Funding Stage Grant
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About Lucida Medical Ltd

Lucida Medical Ltd, a United Kingdom-based startup, is making significant strides in the biotechnology and healthcare industries. Their groundbreaking medical device software utilizes AI and MRI technology to precisely and rapidly detect cancer, with a specific focus on prostate cancer. Founded in 2019, the company's flagship product, Pi™, has received a CE mark and has demonstrated exceptional clinical data, offering automation and seamless workflow integration for healthcare professionals. The startup recently secured a grant investment from Innovate UK on 05 February 2024, signaling a strong vote of confidence in their innovative approach to cancer screening, diagnosis, and management. This funding injection will likely fuel their ongoing efforts to further advance their AI-driven medical device software and expand their impact in the field of cancer detection and treatment. Lucida Medical's commitment to leveraging cutting-edge technology to address critical healthcare challenges positions them as a compelling player in the rapidly evolving intersection of AI and healthcare. Their focus on addressing the detection of prostate cancer, the most prevalent cancer in men, underscores the substantive impact their work can have on global health outcomes. With a strong foundation, a clear mission, and demonstrated support from investors, Lucida Medical is well-positioned to continue making significant strides in the fight against cancer.

Taxonomy: Medical device, MRI, Cancer screening, Prostate cancer, Clinical data, Workflow integration, CE-marked, Diagnostic software, Medical imaging, Healthcare innovation

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Grant Unknown 1
Innovate UK
05 Feb 2024
Seed Round Unknown 2
XTX Ventures
WDH Investments 		01 Mar 2023
Seed Round Unknown 1
XTX Ventures
26 Feb 2021

Lucida Medical Ltd Alternatives & Competitors

Lucida Medical Ltd vs
ASP Health
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Lucida Medical Ltd vs
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FAQ About Lucida Medical Ltd

Medical device software using AI to find cancer precisely and fast with MRI, focusing on prostate cancer | Hiring now
Lucida Medical Ltd was founded in 2020.
Lucida Medical Ltd is headquartered in Cambridge, United Kingdom.
Lucida Medical Ltd operates in the following industries: Biotechnology, Health Care.
Lucida Medical Ltd has approximately 21 employees.
Lucida Medical Ltd has completed 3 funding rounds. The latest funding stage is Grant.
Top alternatives and competitors to Lucida Medical Ltd include ASP Health, VCCC Alliance, CANCER CENTER ASSOCIATES, Compass to Care, The Mike & Sandy Ernsdorff Childhood Cancer Foundation, Fournier-Majoie Foundation. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lucida Medical Ltd and ASP Health are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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