- Raised $2M funding round, Dec 2023
- Raised $1.8M funding round, Jul 2021
- Raised $1.2M grant, Jul 2020
About
Magentiq Eye offers a groundbreaking AI aided colonoscopy solution. The company uses the growing power of deep learning, image processing, and video processing to help doctors become more accurate and effective, potentially saving millions of lives and billions of dollars.
The company’s first product is MAGENTIQ-COLO, which is used to increase adenoma (polyp) detection rates and the overall quality of colonoscopy exams. MAGENTIQ-COLO is a real-time adjunct to the colonoscopy device that points out suspicious locations of polyps in the videos, thereby helping doctors reduce their polyp miss-rates. Given the large population that undergoes colonoscopy annually, even a modest decrease in polyp miss-rates has the potential to save many lives.
MAGENTIQ-COLO has received the CE mark and FDA clearance. It also completed a successful multi-center international clinical trial to attain clearance for marketing in the USA. Its next version includes additional features such as polyp size estimation, polyp characterization, and additional quality measurements.
Funding history · 9 rounds · $6.1M total
Q&A
- What is Magentiq Eye's primary focus?
- Magentiq Eye focuses on improving colonoscopy through AI, offering an AI-aided solution to enhance accuracy and effectiveness in detecting polyps.
- What is the name of Magentiq Eye's main product and its function?
- Magentiq Eye's main product is MAGENTIQ-COLO, a real-time adjunct to colonoscopy devices that identifies suspicious polyp locations to help doctors reduce miss-rates.
- Has MAGENTIQ-COLO received regulatory clearances?
- Yes, MAGENTIQ-COLO has received both CE mark and FDA clearance.
- When was Magentiq Eye founded?
- Magentiq Eye was founded in August 2014.
- How many employees does Magentiq Eye currently have?
- Magentiq Eye has 11-50 employees.
- What is the total amount of funding Magentiq Eye has raised to date?
- Magentiq Eye has raised a total of $6,097,000 USD.
- Which investors participated in Magentiq Eye's December 2023 funding round?
- In December 2023, Nina Capital invested in Magentiq Eye.
- Which investors participated in Magentiq Eye's July 2021 funding round?
- In July 2021, Salida BV and Ron Doornink invested in Magentiq Eye.
- What are the future features planned for MAGENTIQ-COLO?
- The next version of MAGENTIQ-COLO will include features such as polyp size estimation, polyp characterization, and additional quality measurements.
Team · 1
Sectors & technology
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Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | magentiq.com |
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| linkedin.com/company/10118743 | |
| facebook.com/Magentiq.Eye |
Identifiers & details
| Founded | 2014-8 |
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| Employees (exact) | 26 |
Radar intelligence
Patents
| EPO | 3 |
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Web history (Wayback)
| Domain | magentiq.com |
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Certificate / subdomain footprint
| Subdomains | 8 |
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