AIQ Solutions of Madison raises $3.2 million for cancer treatment assessment software

A Madison company that makes software approved to gauge treatment response in breast and prostate cancer patients plans to submit a second product, for blood cancers, for approval by early next year.

AIQ Solutions, which is based on technology developed at UW Carbone Cancer Center, raised $3.2 million in equity financing, the company announced this month. Capital Midwest Fund led the round, which also involved Rock River Capital Partners, 30Ventures and Wisconsin Investment Partners.

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