Our member and University of Bristol spin-out, FluoretiQ, has today announced the completion of a £1.1 million, pre-series A investment. Their pioneering NANOPLEX technology is a 15-minute proprietary diagnostic platform for bacterial infections.  

Semarion Ltd, a University of Cambridge spin-out company from the Cavendish Laboratory combining materials engineering and cell biology to tackle unmet drug screening needs, has closed a £2.14 million GBP seed funding round. The investment round was led by Parkwalk Advisors, with the University of Cambridge Seed Funds, Martlet Capital, and angel investors also contributing to the fundraise.

A young British business owner who was declared “Britain’s best boss” after he let his staff have the day off on full pay when lockdown restrictions lifted last year has raised £2.5M in seed funding for new elderly care search platform, Lottie, just six months after winning initial backing off Monzo’s founder to launch it.  Exasperated by their own experience of searching for a care home for their Grandma, entrepreneur Chris Donnelly and healthcare expert brother Will Donnelly, launched Lottie in July 2021 - a free digital healthcare marketplace, helping families minimize the time, stress and cost of finding quality compassionate care homes.

Atelerix, a business at the forefront of cell preservation with aims to revolutionise the way we store, and transport cells and tissues, has raised £425,574 investment to help fully commercialise their product and bring it to market.

Deepbridge Capital portfolio company AlgaeCytes has secured €16m of funding to develop a commercial plant in Germany.  AlgaeCytes is a portfolio company within the Deepbridge Technology Growth EIS.

Software specialist Carebeans Limited has­­­ established an office in Monmouth, Wales, having secured a significant six-figure equity Investment for their leading social care management software from the Development Bank of Wales and Liverpool based MSIF.  The co-investment includes the trade and assets acquisition of the Software business of Standex Systems Limited and onboarding of five new staff who move to Carebeans from Standex UK.

Sanctus, one of the first organisations in the UK to offer proactive mental health support through 1-2-1 coaching for employees in the workplace, has closed a £4.25m investment round led by Scale Up Capital, and advised by the team at PWC Ventures. Launched in 2016 by James Routledge, Sanctus was born out of a desire to normalise the conversation around mental health at work and make proactive support more readily available to UK employees. 

ProVerum Limited, an Irish medical device company developing a minimally invasive solution to treat benign prostatic hyperplasia (BPH) in the doctor's office, has closed a €30 million Series A equity financing co-led by Gilde Healthcare Partners and Lightstone Ventures, including participation from existing investors.

Scalpel, a healthcare services company that automates surgical protocols using sensor-driven event detection technology, has received investment from Henley Business Angels members as part of their Pre-Series A funding round.

Future Fertility, a fertility technology company developing AI-enabled and non-invasive fertility solutions to optimize clinical decision making in fertility care and in vitro fertilization (IVF), has successfully raised a Series A financing round. The investment was led by M Ventures (the corporate venture capital arm of Merck KGaA, Darmstadt, Germany, a global fertility leader), with participation from Whitecap Venture Partners.

Foresight Group, a leading listed private equity and infrastructure investment manager, has announced a £3.5 million investment into Hospital Services Limited (HSL).

Cognomie, the Mental Fitness start-up, has raised £385,000 in its first crowdfunding campaign, set to drive global growth in 2022. The HRtech startup overfunded at 110% of its original £320k target, with a 5.90% equity stake in a pre-raise £6m valuation. It is expected that a Series A funding round will be announced this autumn.  Launched in 2019, Cognomie is on a mission to deliver Mental Fitness for everyone. Two years into the pandemic, the tech-enabled coaching platform has become a key resource for future-focused organisations seeking to proactively shape long-term employee wellbeing strategies and performance.