New investment in Corti ApS
20/09/2023
418 million DKK to the Danish HealthTech company Corti.
We congratulate the Danish-based AI company Corti, which has raised 418 million DKK in a Series B funding round to scale its intelligent health solution globally. This is a huge boost not only for Corti, but for the entire Danish HealthTech industry.
Chr. Augustinus Fabrikker invested for the first time in Corti in 2021 and supports the company again in this round. The funding round was led by the international investors Prosus Ventures and Atomico and besides Chr. Augustinus, Export and Investment Fund of Denmark (EIFO) and Eurazeo also participated.
With the funds, Corti wants to expand its business in the US, where the company will grow its team and customer base further. More than 70 percent of Corti's customer base is already based in the US today.
Corti is revolutionary with its groundbreaking and high-tech product that can provide intelligent answers to some of the global societal challenges we face in the health sector.
“As the Resilience Commission has just emphasized, there is a need for radical change in a health sector under significant pressure. Corti can offer that with its AI-based help for the health professionals. Therefore, we invested early in Corti, where long-term investors were needed. And we are also part of this investment round with the desire to cement Corti's position on the global market and thereby support a Danish company's international success, as part of our scale strategy. We are impressed by the visionary and competent team behind Corti, which undoubtedly is also the reason for Corti's great success.”
Corti is part of Chr. Augustinus' scale ownerships, where the focus is on investing in the next generation of growth companies with roots in Denmark and an international outlook.
Read more about Scale and Corti
