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17th December 2019

Foresight invests £2 million in innovative tech company Novosound

Foresight has invested £2 million investment as part of a £3.3 million round into award-winning novel thin film ultrasound technology company Novosound Ltd. 

The Foresight Williams Technology EIS Fund led the round, investing £1.5 million alongside £500,000 from the Foresight Scottish Growth Fund, financed by the Scottish Growth Scheme through a combination of Scottish Government funds and the European Regional Development Fund (ERDF), and £1.3 million from existing shareholders including Par Equity, Kelvin Capital, Gabriel Investments, the University of the West of Scotland, and the Scottish Investment Bank, the investment arm of Scottish Enterprise.

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