TA Associates has made a growth investment in AIRS Medical, according to a news release. AIRS Medical, founded in 2018 and headquartered in Seoul, South Korea, with a U.S. office in Schaumburg, Illinois, is a global provider of AI solutions for medical imaging.

TA Associates, founded in 1968 and based in Boston, considers a range of investment types, from minority to majority investments. The firm invests in healthcare and several other sectors.

The partnership reflects TA Associates' strategy of backing innovative healthcare technology companies with scalable solutions. AIRS Medical's SwiftMR software, which reduces MRI scan times by up to 50%, has received regulatory clearances in multiple jurisdictions.

Terms of the investment were not disclosed. The transaction highlights continued private equity appetite for AI-driven diagnostic imaging tools that address workflow inefficiencies and cost pressures in radiology departments worldwide.