ArtiQ NV

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ArtiQ NV - overview

Established

2019

Location

Leuven, -, Belgium

Primary Industry

Healthcare IT

About

Founded in 2019 and based in Leuven, Belgium, ArtiQ NV operates as a health-tech company that provides an automated interpretation platform for pulmonary function tests to evaluate the patient's lung function and diagnose pulmonary diseases. Some of the firm's partners are EIT Health, NHS, Clario, Vyaire Medical, AstraZeneca, etc. In April 2024, Clario, a portfolio company of Nordic Capital, Novo Holdings, Cinven, and Astorg, acquired ArtiQ NV from UZ LEUVEN, KBC Group, and K. U.


The firm as of July 2024, is led by its co-founders, Marko Topalovic (CEO), Marko Topalovic (Board Member), Bart Swaelens (Strategic Development), and Wim (Board Member, Medical & Scientific Advisor). The company offers a range of AI-driven products tailored to respiratory care and clinical research, to enhance diagnostic accuracy and streamline clinical trials. These include ArtiQ. PFT, ArtiQ.


QC, and ArtiQ. PFT. ArtiQ. RBM provides automated support for interpreting pulmonary function tests, ensuring consistency and adherence to the latest guidelines.


ArtiQ. QC delivers real-time AI-based over-reading for spirometry, enhancing data quality and reducing variability. ArtiQ. RBM focuses on risk-based monitoring, aiming to safeguard data integrity in clinical trials.


Current Investors

K.U. Leuven Research & Development, KBC Group, UZ LEUVEN

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Medical Software

Website

www.artiq.eu

Verticals

Artificial Intelligence, HealthTech

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

ArtiQ NV - timeline of key events

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ArtiQ NV - financials

Fiscal Year EndedDec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)-----
% Revenue Growth (YoY)-----
EBITDA (USD)(112,943)(141,328)---
Operating Income (USD)(182,068)(218,880)---
Operating Margin-----
% EBITDA Margin-----
NET Income (USD)(183,099)(206,677)---
% Net Margin-----

ArtiQ NV - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedArtiQ NV-

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ArtiQ NV - employee data

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