Tech Company Financing Transactions
Chipiron Funding Round
Chipiron, based in Paris, Île-de-France, received $17 million in funding from Bpifrance.
Transaction Overview
Company Name
Announced On
4/30/2025
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will enable Chipiron to build its first clinical prototypes, with clinical trials scheduled to begin in 2026. Over the next three to five years, the startup plans to make it available in local care centers, clinics, and mobile units, with a particular focus on the US healthcare market. This is expected to transform MRI from a largely hospital-bound, expensive technology to an affordable and portable solution for a broader range of healthcare providers.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
2/8, Rue Gaston Rébuffat
Paris, Île-de-France, 75019
FR
Paris, Île-de-France, 75019
FR
Phone
Undisclosed
Website
Email Address
Overview
Chipiron is a French MedTech startup founded in 2020, developing the world's first ultra-low field MRI machine. Leveraging quantum sensing technology, their device operates without the need for a shielded room, is portable, and can be powered by a standard outlet. This innovation aims to make MRI accessible to underserved populations and improve early diagnosis and treatment of diseases like cancer.
Management Team
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We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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