xWave Technologies has earned more than 20 NHS Trusts contracts in the UK for its diagnostic decision-making platform.

Irish AI healthtech company xWave Technologies has announced plans to raise €3m in a new round of funding. The organisation, which is headquartered at NovaUCD in Dublin, will also create 30 new job opportunities to be filled within the next three years.

The company, which was established in 2020 by a leading group of radiologists who wanted to create solutions for the problems they were facing in their day-to-day work, also has a presence in the UK and has secured contracts with more than 20 NHS Trusts.

xWave Technologies is planning to accelerate the rollout of its diagnostic decision-making platform across the NHS in the UK, international healthcare markets and the HSE in Ireland.

According to the company, it is scaling at a time when diagnostic services globally are under intense pressure and there is rising demand for imaging, pathology, cardiology, endoscopy and physiological diagnostics colliding with a constrained supply of specialist clinicians.