
01/08/2025
We are thrilled to announce that Powerful Medical has been selected to receive over €40 million in non-dilutive grant funding through the European Commission’s IPCEI Tech4Cure initiative – one of the largest EU grants awarded to a healthcare technology company to date.
This milestone accelerates our mission to transform global cardiovascular care through ®, the world’s first AI-powered platform for rapid and accurate cardiovascular diagnostics.
Why it matters:
• Cardiovascular disease remains the #1 cause of death worldwide, with heart attacks accounting for the majority of these fatalities.
• In just the first half of 2025, PMcardio helped detect over 36,000 heart attacks, saving more than 1,000 lives.
• PMcardio identifies heart attacks with twice the sensitivity and up to 3 hours earlier than the current standard of care.
• Its ability to deliver precise, real-time diagnosis at the first point of contact improves outcomes in acute care, where timely intervention is critical.
The secured IPCEI funding highlights the real-world impact of our work and its potential to significantly reduce the burden of cardiovascular diseases on a global scale.
It will enable us to accelerate the development of new AI models and expand PMcardio’s reach across healthcare systems around the world, backed by prospective randomized controlled trials to ensure the highest level of clinical excellence.
A special thank you to our early investors — Zero One Hundred, LifeX Ventures, and Venture to Future Fund — for their continued support and trust in our vision. We’d also like to thank the incredible team at EY for supporting us through the IPCEI grant process.
Full press release here: https://eu1.hubs.ly/H0m6Gly0