Business · Companies · 16 hrs ago

Agora Labs raises €4.3 million to expand clinical data network

Agora Labs raises €4.3 million to expand clinical data network

Italian company Agora Labs raised €4.3 million in a funding round led by venture capital firm P101 SGR, with participation from the Mussetto family.

Founded in Rome, the company helps hospitals make clinical data available for medical research while keeping patient information private.

Its technology processes data inside hospital systems, where it standardises and anonymises information instead of moving patient records elsewhere.

The system connects hospitals so research centres and pharmaceutical companies can study data from multiple facilities without directly accessing patient records.

Agora Labs already works with 50 healthcare facilities and plans to double that network in the coming months.

The funding is intended to support larger international research projects and strengthen the company’s presence in Europe and the US as it enters markets including the Middle East and India.

The company also plans to hire around 20 people in technical and commercial roles to support its expansion.

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What people are saying

Davide ZaccagniniAgora Labs founder and CEO
The arrival of P101 and Infinite Five in Agora Labs addresses two specific needs: scaling our data network even faster and activating global-scale projects on it.
via Tech.eu
Resources matter, but what counts most is experience, market understanding, international credibility and genuine strategic collaboration within the board.
via Tech.eu