Refined Laser System Funding Round

1/30/2023

Venture Equity

$2,925,000

Undisclosed

The company intends to use the funds to develop an intraoperative microscope prototype that identifies tumor margins directly in the surgery room and will offer a diagnosis within minutes by a remote pathologist and AI assistance. The team also plans to use the capital to grow its team and prepare for clinical approval.

Private & Independent

Manufacturing

Mendelstraße 11
Münster, 48149
DE

Undisclosed

Refined is a dynamic biophotonics company from Münster, Germany. Its pioneering laser systems PICUS DUO and PICUS Q are used worldwide as key enabler for SRS-microscopy and quantum technology. Refined has stepped up to combine its lasers with modern microscopes and AI to transform the diagnosis and treatment of cancer. In today's cancer treatments, surgeries must be repeated in up to one third of all cases because it remains a challenge to quickly identify cancer cells without extensive biopsy processing. Refined has stepped up to empower surgeons and pathologists to meet this challenge. Its technology allows clear insights into tissue and cell systems within just a few minutes and will allow to reduce stress for patients and costs of cancer therapy.