Oxford Endovascular Ltd raises $10m to develop an origami engineered medical device to prevent brain haemorrhage Funding will support the company to achieve first in-human data Oxford, UK, 8th April 2021 – Oxford Endovascular, a pioneering British MedTech company and spin-out from Oxford University, is developing a treatment for brain aneurysms, that will overcome challenges […]Read More
Dental technology firm to launch new product following £200,000 MEIF backing Wysdom Dental Technologies (“Wysdom Dental”) has received £200,000 from the Midlands Engine Investment Fund (“MEIF”) East & South East Midlands Debt Finance Fund, managed by Maven Capital Partners (“Maven”). The Milton Keynes-based business plans to use the funding to invest in product development and launch […]Read More
Béa Fertility raises $1m to bring at-home fertility treatments to the UK 1st April 2021 April, UK – Healthcare start-up Béa Fertility has raised £800k ($1m) to bring a pioneering at-home fertility treatment to the UK. The round was led by Calm/Storm VC and joined by QVentures, and includes an innovation grant from the recent InnovateUK SMART competition. Founded by embryologist […]Read More
QuantuMDx completes £11m funding round Proceeds to complete the manufacturing scale up and commercial roll out of Q-POC™ – a point of care molecular diagnostic system which delivers results in approximately 30 minutes NEWCASTLE UPON TYNE, UK, 24th March 2021. QuantuMDx Group Limited, the UK-based life sciences company developing transformational point-of-care molecular diagnostics, today announces […]Read More
Neuronostics close oversubscribed seed funding round Neuronostics, an award-winning SME, has successfully secured £300K for the ongoing development of its revolutionary clinical decision support systems. The funds being received from a group of private investors who are establishing a new venture capital fund QantX Ventures. Neuronostics has developed patented technology that enables faster and more […]Read More
Lightpoint Medical Announces $8 Million in Funding to Support Commercial Launch of its Robotic Cancer Detection Probe CHESHAM, England & CAMBRIDGE, Mass. – 25 March 2021– Lightpoint Medical, a medical device company developing miniaturized cancer detection tools for robot-assisted surgery, announced today that it has completed an $8 million financing round. The funding includes follow-on […]Read More
GripAble raises £1.6m in pre-series A funding to scale digitally led remote rehab platform GripAble, a London based start-up digitising upper limb rehabilitation from hospital to home, today announced the successful close of a £1.6m pre-series A funding round. The new funding officially kicks off the company’s Series A fundraise which will close in Q3 2021. GripAble […]Read More
ADAPTTECH SECURES £2 MILLION IN NEW FUNDING Biomedical company will use funding to develop new technologies and grow sales of next generation system for improving the fitting of prosthetic devices. BIRMINGHAM, UK – MARCH 23, 2021 – Biomedical startup Adapttech announced today that it has raised £2 million in a new venture capital funding round. The round was […]Read More
Cambridge University spin-out Lucida Medical secures substantial funding to develop AI for cancer screening Cambridge, UK – 18 March 2021. Cambridge start-up Lucida Medical has raised significant seed capital from a group of investors led by XTX Ventures and Prostate Cancer Research. The multi-million-pound investment is a major advance towards Lucida Medical’s goal to disrupt […]Read More
Medtech Startup GyroGear raises US$4.3m in Phase One of Seed Round led by Taiwan Manufacturing Giant Foxconn 25th February 2021 – UK-based neuromuscular medical device company, GyroGear Ltd has just concluded phase one of its seed round fundraise. This round was led by Foxconn Technology Group, the world’s largest and foremost electronics manufacturer. Foxconn has invested […]Read More