BGF has invested £5m growth capital in Alnwick-based pharmaceutical company Arcinova following a period of rapid growth and development at its life sciences super site in Alnwick, Northumberland. The company will use the funding to drive continued innovation as well as international expansion.

Univercells SA and Global Health Investment Fund have closed a €16 million ($18.8M) Series B equity financing. Investment proceeds will support the continued development of Univercells’ game-changing biomanufacturing technology, which has the potential to dramatically reduce the capital expenditure, physical footprint and operating costs required to produce a variety of complex biologics.

OurCrowd backed Sight Diagnostics has launched OLO, an AI-based blood diagnostics device which offers lab-quality Complete Blood Count (CBC) tests from finger prick samples at the point-of-care. The company also announces the completion of a 250-person clinical trial at Israel’s Shaare Zedek Medical Center, which led to a CE Mark registration for OLO. This European regulatory certification indicates OLO’s conformity with high safety, health, and environmental protection standards and allows for commercial sale in countries that require CE marking.

Booksy, the world’s largest and fastest growing booking app for appointment-based beauty businesses, has announced that it has secured $13.2 million (£9.5 million) in funding. 

New Anglia Capital has invested in PBD Biotech to fund the firm's international expansion.

NVM Private Equity has invested £1.5 million of growth capital into Newcastle based hiPSC company Newcells Biotech alongside existing investors Northstar Ventures, who have provided a further £500k bringing the total round to £2 million.

Founded in 2015 and headquartered at the world-renowned International Centre for Life in Newcastle (an incubator space for young and established biotechnology companies) Newcells is a successful, early-stage, life-sciences spinout from Newcastle University, which is leading the way in the development of Human Induced Pluripotent Stem Cells (hiPSCs) for efficacy and toxicity testing in the drug development sector.

Livingbridge has sold its stake in Portman Dental Care, the fastest growing, privately led dental group in the UK.

Founded in 2009 by Sam Waley-Cohen, Livingbridge invested in Portman in 2014. Since then, this investment has helped grow the group from 27 to over 75 practices across the UK, building a strong reputation for modern facilities, patient friendly appointments, friendly and caring staff and the highest clinical standards.

A Hull healthtech start-up which has developed an award-winning device to enhance mental wellbeing has secured a £200,000 investment from NPIF-Mercia Equity Finance, which is managed by Mercia Fund Managers and is part of the Northern Powerhouse Investment Fund.

Moodbeam’s wearable device allows users to log their mood and monitor their emotional wellbeing – or that of their children, students, patients or employees. The device, which links to an online and mobile platform, gives insights into how moods change over time, showing patterns and trends that can support positive change. The funding will allow the business to put the device into production.

Jupiter Diagnostics seeks £250k for a 4.5% stake in the company.  For more information please click on the image below. 

Pfizer Ltd has announced that Medopad, Perfect Ward and Inhealthcare have been selected to be part of the Pfizer Healthcare Hub: London.

uMotif, the data capture company putting patients at the centre of clinical research, has raised £2.4 million in its latest funding round led by Albion Capital, the leading independent investment manager, along with several angel investors.

Maven Capital Partners has completed a £1.6 million investment in BioAscent Discovery Limited, an integrated drug discovery services business. The funding will enable BioAscent to significantly expand its service offering, adding complementary chemistry and biology services and capitalise on the growing trend towards the outsourcing of drug discovery activities. The funding will support the creation of 10 new jobs, including in highly skilled scientific positions, and fund additional laboratory space.