PictorLabs, a digital pathology company developing an AI-powered virtual staining platform to revolutionize histopathology and accelerate clinical research with the goal of improving patient outcomes, today announced its launch with the completion of a $15.2 million financing round led by M Ventures, SCC Soft Computer, and Koç Holding. Since its founding in 2019, PictorLabs has raised $18.8 million to commercialize virtual staining and reimagine the future of histopathology. Pioneered by co-founders Aydogan Ozcan, Ph.D., UCLA Chancellor's Professor, and Yair Rivenson, Ph.D., PictorLabs Chief Executive Officer and Chief Technology Officer, the company's technology applies deep learning algorithms to efficiently and accurately stain tissues in silico, producing near-instantaneous virtual stains. From a single unstained tissue sample, PictorLabs' proprietary platform can produce an unlimited number of virtual stains that are indistinguishable from analogous chemical stains.

PictorLabs is a digital pathology company advancing AI-powered virtual staining technology to revolutionize histopathology and accelerate clinical research with the goal of improving patient outcomes. Led by a team with deep expertise in bioengineering, artificial intelligence, and health-tech product development, the Company is reimagining existing histopathology workflows, accelerating clinical and diagnostic results, and improving process sustainability. From a single unstained tissue sample, PictorLabs' proprietary platform can produce an unlimited number of virtual stains that are indistinguishable from analogous chemical stains. PictorLabs is developing products that replicate standard of care stains and is creating specialized virtual biomarker stains for indications in which there is a large demand for novel and accelerated diagnostic tests.