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Flywheel Acquires Radiologics, Raises $22M for Biomedical Research Platform

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September 21, 2021

What You Should Know:

– Flywheel, a biomedical research data management platform, announced the acquisition of St. Louis-based Radiologic. The two organizations’ combined capabilities in imaging research data management and analytics provide the medical research community unrivaled end-to-end research workflow solutions—from open source to global enterprise.

– In addition, the company announced a $22M Series C funding round led by 8VC with participation from investors iSelect, Argonautic Ventures, Beringea, DrX/Novartis, HPE Pathfinder, Spike Ventures, Key Investments, Seraph, Great North Labs, and others. The Series C funding supported Flywheel’s recent acquisition of Radiologic.

– By joining forces with Radiologic, Flywheel can now offer additional research workflow solutions and clinical applications to accelerate R&D and scientific discovery, plus an expanded global network of innovators with even more opportunities for biomedical research collaboration.

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Source: Hitconsultant

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