Company · Healthtech & Bio

PhysioMRI

physiomri.com ↗ ·Paterna ·Seed

PhysioMRI develops and manufactures low-field portable magnetic resonance imaging (MRI) scanners for extremities, aimed at clinics, hospitals, sports clubs and research laboratories. Its scanners, ODIN and YMIR (the latter designed for knee imaging), are sold through a pay-per-use model, so clinics avoid a large upfront capital outlay and share scan revenue with the company. The technology came out of research at the Institute of Molecular Imaging and Sensing (i3M, UPV/CSIC), and the scanners have been clinically tested at Hospital La Fe in Valencia and at Bergman Clinics in the Netherlands. Founded in 2020 and based in Paterna, Valencia, the company has raised about €4 million in private funding. Its backers include former NBA players Luis Scola and Víctor Claver, several Valencian family offices, and business angels. It has also received public funding from Horizon Europe, CDTI, Eureka and the Valencian Institute of Finance (IVF).

Founded
2020
Founders
6
News
10
Rounds
2
Investors
1
SectorsHealthtech, Medical Devices, Medical Imaging, Deeptech Start-up MapHealthtech & Bio › Medical devices & surgical hardware

Profile updated 24 Sep 2026

Founders

Alfonso Ríos
Co-Founder & CEO
—
Fernando Galve
Co-Founder
—
Jon Fatelevich
Co-Founder & CSO
Joseba Alonso
Co-Founder & CTO
—
José María Benlloch
Co-Founder
—
José Miguel Algarín
Co-Founder
—

Global models

No comparables on record yet.

Investors 1

Funding rounds 2

Other · €4M
Valencia-based PhysioMRI, a UPV-CSIC spin-off developing portable low-field MRI scanners priced up to 20 times below conventional machines, …
2023-09-14
Seed · €420K
Spin-off of the i3M institute (UPV/CSIC) that is building a low-cost portable MRI machine. It closed its first funding round of €420K, backe…
2021-03-29

News & media 10

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