06/17/2025 | Press release | Archived content
Faction has taken a clean slate approach to address the needs of patients and providers when it comes to medical imaging. They are pushing the boundaries of what is possible to revolutionise the patient pathway."- Ross Marton, Managing Partner, Nodenza
Nodenza Venture Partners, a New York-based venture capital firm focused on breakthrough life sciences technologies that treat or diagnose and have an outsized positive impact on patients announces its investment in Faction Imaging Inc.
Completed in Dec 2024, the financing allowed Faction Imaging to meet a $10million financing milestone, with Nodenza as lead VC. Faction is pioneering AI-native imaging technologies designed for future healthcare systems.
Medical imaging is foundational to clinical decision-making, yet current systems are under growing strain. Radiologists face unsustainable workloads, patients encounter delays, and legacy infrastructure is struggling to keep up with rising global demand. Faction Imaging is developing a purpose-built platform to address these deep inefficiencies at the infrastructure level, combining custom AI-native hardware, advanced materials, and next-generation computational techniques. The goal is to deliver transformative gains in efficiency, accuracy, and scalability across imaging workflows.
Faction has taken a clean slate approach to address the needs of patients and providers when it comes to medical imaging. They are pushing the boundaries of what is possible to revolutionise the patient pathway."- Ross Marton, Managing Partner, Nodenza
Faction's platform is not just designed to improve imaging quality, it aims to redefine the role of imaging in a modern, responsive healthcare system increasingly reliant on real-time diagnostics.
Matt McGrath, CEO and co-founder of Faction Imaging, added: "We're thrilled to be working with Nodenza as we enter this next chapter. We've spent years in clinical environments around the world, from India to Japan to the U.S. studying workflows and bottlenecks. That insight, combined with focused technology development, puts us in a strong position to deliver meaningful change at global scale."
After operating in stealth mode for several years, Faction Imaging has built a strong foundation of scientific innovation, with a differentiated IP portfolio and early prototype systems in development. The leadership team previously created and scaled a new medical visualization segment now standard in tens of thousands of health systems and used by tens of millions of patients globally.