The European Investment Bank has provided a €15 million venture debt loan to health-tech startup Smart Reporting to enhance its AI-driven medical documentation technology and support its growth strategy.
Information on the Target
The European Investment Bank (EIB) has approved a venture debt loan of €15 million to support the growth of Smart Reporting, a Munich-based health-tech startup. Smart Reporting specializes in developing advanced medical documentation technologies that leverage artificial intelligence (AI) to facilitate the efficient collection, structuring, and processing of clinical data.
This innovative software enhances the medical documentation process, allowing for improved evaluation of data collected within hospitals and medical practices. By utilizing voice-controlled, AI-enabled diagnostic tools applicable to various clinical areas, including radiology and pathology, Smart Reporting aims to significantly contribute to the digital transformation of the healthcare sector.
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Germany has emerged as a leading hub for health-tech innovation in Europe, driven by a robust healthcare system characterized by advanced technology adoption and a growing demand for digital soluti
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European Investment Bank
invested in
Smart Reporting
in 2023
in a Venture Debt deal
Disclosed details
Transaction Size: $16M