CHF 14 million of funding for all-terrain radiology

Pristem SA, a company spun off from EPFL's EssentialTech program, has raised CHF 14 million of new capital in a first round. The funding will enable it to put its prototype of a robust digital radiology system, appropriate for both industrialized and low income countries, into full-scale production. Pristem SA has raised CHF 14 million of funding from a group of Swiss and African investors. Pristem was founded by Bertrand Klaiber, who is also its CEO, and is the first spin-off to emerge from the EssentialTech program run by the Ecole Polytechnique Fédérale de Lausanne (EPFL). This represents a major success for the program, which is based at EPFL's Cooperation and Development Center and which aims to develop essential technologies to combat poverty and vulnerability around the world. This successful first round is the result of an innovative and unique approach pioneered by the EssentialTech program: combining high-level technological development with innovative business models to meet fundamental human needs sustainably and on a large scale. A world first: a radiology machine capable of operating in any location According to the World Health Organization, two thirds of the world's population still have no access to medical imaging.