BME PhD students’ start-up attracts $1.3 million from investors
April 2, 2024 — A start-up created by Efraín Torres — who graduated from BME’s PhD program last fall — and PhD student Parker Jenkins has broken $1.3 million in funding, most of which will go toward building out their prototype.
Torres, Jenkins, and the team at Adialante have developed a new kind of magnetic resonance imaging (MRI) that has the potential to change medical care for millions. Now, they are working to quickly move the portable, low-cost MRI scanner to market and are looking to complete their seed round of financing at $3.5 million.
Their product’s potential is massive, as Torres explains:
“This MRI scanner is going to disrupt the field. The goal is to make a difference in communities like the ones I grew up in on the south side of Chicago, where the clinics are very bare bones and lacking even second-rate technology. Soon, it’ll be possible for MRI scanners to be wherever they’re needed — minute clinics, doctor’s offices, and even refugee camps.”
