U.S. venture capital firm backs MRIguidance

Mammoth Scientific invests $1.25 Million in MRIguidance through its venture capital fund Mammoth Private Capital to enable further growth and prepare for market roll-out of BoneMRI in the U.S.

Utrecht, August 25th, 2021 – In addition to the 2020 investment of EIT Health, MRIguidance has now raised $1.25 Million from the American venture capital firm Mammoth Scientific. This investment will allow MRIguidance to continue the company’s growth path. After market entry in Europe in the beginning of 2021, MRIguidance will use the new funds to prepare for market roll-out in the U.S.

Growth
BoneMRI for the spine is expected to get market access in Europe later this year. Tommy Martin, CEO of Mammoth said that this spine application specifically caught the attention of Mammoth Scientific. “We were made aware of MRIguidance through different spine surgeons from our network. We believe BoneMRI has the potential to be a game changing innovation in radiology and spine surgery. As such, MRIguidance is a perfect addition to our portfolio, and we look forward to working with the team.”

Mammoth
Mammoth Scientific, LLC is a U.S. venture capital firm that focuses on providing financing to innovative health science and technology companies. Mammoth’s leadership consists of successful physician entrepreneurs and experienced investment managers. “With Mammoth we not only have additional funding for our company, but also an experienced team with an impressive and relevant network in the spine world in the U.S.,” says Roel Raatgever, CEO of MRIguidance. “The team at Mammoth can help us with things like FDA approval and CMS reimbursement. I am very happy to have Mammoth on board.”

BoneMRI in the US
Earlier this year MRIguidance was selected by EIT Health for their Bridgehead Global Program. For MRIguidance this program consists of a grant and support to gain traction with BoneMRI in the U.S. Together with the recent Mammoth investment, the program will strengthen MRIguidance’s position in the U.S. MRIguidance plans to raise additional funds to scale-up commercial efforts in Europe and the U.S.

Utrecht, February 2026 – MRIguidance has released a new update to BoneMRI, making the solution easier to use across the hospital workflow while expanding compatibility with scanners, systems, and IT environments.

A key feature of the release is new stitching functionality, which allows clinicians to generate combined anatomical regions of e.g. the cervical, thoracic and lumbar spine, into a single, continuous image, providing total spine views. This enables assessment of pathology across multiple spinal regions without switching between image series, which might improve clinical confidence by visualizing anatomical relationships in one comprehensive view, and reduce interpretation time by eliminating manual cross-referencing between sub-regions.

The update also introduces extended compatibility across imaging platforms and infrastructure. BoneMRI now supports pelvic region imaging across the full range of GE, Siemens, and Philips MRI scanners at both 1.5T and 3T. In addition, the software expands support for Enhanced DICOM processing and is now compatible with Windows Server 2025 OS via the MRIguidance Gateway.

These improvements enhance interoperability with MRI scanners and DICOM inputs, simplify coordination with hospital IT departments, and broaden anatomical and vendor coverage to support smoother clinical adoption.

The release also includes additional support and security enhancements.

The latest BoneMRI update benefits radiologists, MR technologists, IT teams, and surgeons, further strengthening BoneMRI’s role in efficient, radiation-free bone imaging across clinical workflows.

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