
Lucida Medical is a company specializing in AI-driven solutions for prostate cancer diagnosis and pathway optimization. Their flagship product, Pi™, is an AI software that assists physicians in detecting and diagnosing prostate cancer using MRI scans. Pi™ has demonstrated accuracy comparable to expert radiologists, with studies showing 95% sensitivity and 67% specificity. The company's mission is to advance the prostate cancer pathway by supporting physicians, reducing healthcare costs, and improving patient care. Lucida Medical collaborates with numerous partners, including Sectra, Blackford, and TeraRecon, to integrate Pi™ into existing healthcare systems and make it widely accessible. They are also backed by investors such as Macmillan Cancer Support.

Lucida Medical is a company specializing in AI-driven solutions for prostate cancer diagnosis and pathway optimization. Their flagship product, Pi™, is an AI software that assists physicians in detecting and diagnosing prostate cancer using MRI scans. Pi™ has demonstrated accuracy comparable to expert radiologists, with studies showing 95% sensitivity and 67% specificity. The company's mission is to advance the prostate cancer pathway by supporting physicians, reducing healthcare costs, and improving patient care. Lucida Medical collaborates with numerous partners, including Sectra, Blackford, and TeraRecon, to integrate Pi™ into existing healthcare systems and make it widely accessible. They are also backed by investors such as Macmillan Cancer Support.
Product: Prostate Intelligence (Pi™) — AI software to assist detection and diagnosis of prostate cancer from MRI
Founded: 2019
Headquarters: Cambridge, UK
Regulatory/Quality: CE marked; ISO 13485 certified
Investors: XTX Ventures, Prostate Cancer Research, Macmillan Cancer Support, The FSE Group
Prostate cancer diagnosis and clinical workflow optimisation
2019
Biotechnology
Listed as latest disclosed financing
350,100 GBP
Macmillan investment reported as part of Innovation Impact Investment Portfolio
Seed / early funding led by XTX Ventures and Prostate Cancer Research
Listed as grant supporter
“Backed by institutional investors and cancer charities (e.g., XTX Ventures, Prostate Cancer Research, Macmillan Cancer Support) and grant supporters (Innovate UK)”