30th January 2019
- 0 commentsHallmarq Veterinary Imaging, a global specialist in advanced diagnostics for equine and companion animals, has successfully completed a management buyout led by mid market private equity firm August Equity. As a result of the deal, NPI Investors as well as the LBA EIS Tracker Fund 4 have made a greater than 5x return on their investment.
30th January 2019
- 0 commentsResonance, a social impact investment company, with a head office in Cornwall, worked with Smile Together as advisers on the investment raise.
BII, the social investment arm of The Big Issue, provided investment to Smile Together CIC, a local employee-owned social enterprise and Community Interest Company, in late 2018. The investment is helping to finance the refurbishment of a former grammar school into a purpose-built dental centre for the community.
The opening of the centre, located on Harleigh Road in Bodmin Cornwall, will increase access to emergency, specialist and routine dental care, provide enhanced access and facilities for all patient groups, and also increase the availability of preventative support, education and treatment programmes. An adjoining part of the building will eventually house other local businesses, promoting further financial sustainability for Smile Together.
28th January 2019
- 0 commentsForesight Group has made a £1.25 million growth capital investment into Fertility Focus Limited, a leading fertility monitoring technology company that has developed OvuSense, a registered medical device that enables women to predict ovulation. The investment was led by Foresight on behalf of Foresight VCT plc and Foresight 4 VCT plc as part of a larger £2 million funding round, supported by new and existing investors including private High Net-Worth Individuals.
14th January 2019
- 0 commentsChronomics, a pioneering company in health-tech innovation, has just launched the world’s first consumer epigenetic testing kit. Chronomics has successfully secured more than £1.12 million in funding, including significant investment from venture capital firm Anthemis, and follow on funding from SOSV, one of the world’s most active early stage biotech investors.
The four founders of Chronomics are leading in their respective fields. Dr Tom Stubbs and Daniel Herranz worked at the forefront of epigenetics research at the University of Cambridge, where they collaborated with Dr Toby Call, a Bioenergy and Industrial Biotechnology expert, to define the first models. The team brought on board Charles Ball whose extensive commercial experience has helped to explain the intricacies of epigenetic science to the public.
14th January 2019
- 0 commentsForesight Group has invested £1.5 million from the Foresight Williams Technology EIS Fund into Open Bionics Limited.
The investment has been made alongside an identical commitment from Downing LLP and Ananda Impact Ventures of £1.5m each and Rathbone Nominees to complete the £4.66m round.
Open Bionics is an award-winning designer, manufacturer and supplier of bionic limbs with ambitions to become a market leader in a range of bespoke prostheses and assistive technologies and a global supplier of prosthetic and orthotic products and services. Based in Bristol, the Company was founded just four years ago by CEO Joel Gibbard and COO Samantha Payne, since when the team has grown to 23
10th January 2019
- 0 commentsLein Applied Diagnostics, a company that specialises in innovative and precise optical technology, have closed their latest funding round, receiving investment from two members of Henley Business Angels. This is the second time that Lein have gone through Henley Business Angels for funding, having previously raised a total of £440,000 back in 2017.
8th January 2019
- 0 commentsHealthcare venture investment in the U.S. and Europe reached a new high in 2018, according to Silicon Valley Bank, the bank of the world’s most innovative companies and their investors. Investment totals in 2018 grew more than 50 percent over 2017, with the activity due in large part to record Series A investments in U.S. biopharma companies.
19th December 2018
- 0 commentsAn innovative treatment for those suffering from the effects of a debilitating medical condition is now a step closer after a significant investment from NorthInvest.
Created by doctors who work on the front line, the technology developed by Renephra helps patients dealing with chronic fluid overload including Lymphoedema – a condition which affects 200 thousand people across the UK.
The treatment aims to improve a patient’s quality of life, allowing them to spend more time with friends, family and loved ones. Treatment which would normally take place in a hospital setting will now be able to be administered at home.
17th December 2018
- 0 commentsYFM Equity Partners has sold its stake in Mangar Health Limited for an undisclosed sum to Winncare Group Ltd, a leading French medical device company, delivering a 2.7x return to investors.
Mangar Health designs, manufactures and supplies inflatable bathing and lifting devices, which protect carers from injury and promote independence for people with limited mobility. With a global reach into America, Canada and Australia, Mangar Health also offers a wide international distribution network and additional opportunities in healthcare markets such as emergency services. The Company is led by CEO Simon Claridge and his team of Finance and Operations Director Craig Butcher, Commercial Director Andrew Macphail and Marketing Director Clare Birt.
14th December 2018
- 0 commentsA Coventry-firm responsible for creating a web platform that provides online services for general medical consultations and prescriptions has received a £1million funding package. This will allow The GP Service (UK) Limited to create over 60 new roles by 2023 - a five-fold increase in the team’s current size.
12th December 2018
- 0 commentseHealth Ventures, the leading Digital Health technological incubator in Israel, has announced the acceptance of its 8th portfolio company - Engineering for All ("EfA"), managed by Yoel Ezra, an elite IDF technology unit veteran with many years of R&D management experience. eHealth Ventures has invested $900,000 in the company's seed financing round.
29th November 2018
- 0 commentseHealth Ventures, the leading Digital Health technological incubator in Israel, has announced the acceptance of its 7th portfolio company - TrainPain, managed by Dr. Elan Schneider DPT, an internationally recognized expert in chronic pain rehabilitation.