Medtech startup Neuronostics raises over £2 million

Neuronostics team - nine men and women smiling, wearing business casual

Multi-award-winning medtech startup, Neuronostics, has raised more than £2m in funding to develop its pioneering epilepsy diagnosis technology. The company received £2.1m in an oversubscribed seed funding round led by the Ascension Life Fund. Chris Wheatcroft, Investment Director at the Ascension Life Fund said: “We are delighted to have invested in Neuronostics, whose software as…

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Milbotix announce investment round and grant funding for SmartSocks™

Zeke Steer, Founder of Milbotix with Smart Sensor Sock. Photo credit to St Monica Trust

University of Bristol spinout Milbotix has announced an investment round to complete the development of its SmartSocks™ product line, which aims to help millions of people living with dementia, non-verbal autism and other conditions that affect communication. SmartSocks™ is being developed in collaboration with the UK Dementia Research Institute and University of Exeter Medical School.…

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Healthtech products – from innovation to implementation

There is a vibrant healthtech* cluster in the South West region, with over 90 healthtech startups alone in Bristol. This sector has huge potential for Bristol, but it also has significant market challenges, from how to navigate the NHS to the rapidly evolving international digital regulatory landscape. In this article we share advice for healthtech…

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Radii Devices: Redefining prosthetics and orthotics

Following our member Radii Devices‘ recent grant funding success with Innovate UK’s Biomedical Catalyst fund, we had a chat with Founder and CEO, Joshua Steer, to find out about his journey from researcher to medtech startup… Radii Devices key facts Start date: April 2020 Market sector: Medtech Location:  Engine Shed, Bristol Number of employees: 6 Company growth status: About…

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Biomaterials startup Zentraxa announce seed investment

Our member company and University of Bristol spin-out, Zentraxa, has raised capital investment from Future Planet Capital, BPEC and Science Angel Syndicate to develop their innovative Zentide platform for engineering bespoke biomaterials. With generous support of their recently awarded Innovate UK grant, Zentraxa is rapidly moving towards contracted commercial concept development in both medical adhesives…

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FluoretiQ announces the closure of £1.1 million funding round

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.   The round was led by early-stage life science investors, Deepbridge Capital LLP, with significant participation from MAINStream, OION, SAIC and existing investors. This…

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FluoretiQ case study: Revolutionising bacterial diagnostics

To help our aspiring entrepreneurs and future SETsquared Bristol members, we showcase member and alumni case studies demonstrating the breadth of tech at SETsquared Bristol and what it takes to achieve success. We had a chat with FluoretiQ Co-founder and CEO, Neciah Dorh… FluoretiQ Key Facts Start date: 2 March 2017 Market sector: Healthcare (Diagnostics) Location:  Bristol Number of employees: 10…

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Airway Medical complete first working prototype

Our member, Airway Medical, in collaboration with the University of Portsmouth and Versarien PLC have announced the conclusion of their project to further the development of The AMSU™ – a novel airway suction device that will soon be helping to save the lives of patients with blocked airways and improving the well-being of people with…

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GenomeKey case study: Saving lives through early diagnosis of sepsis

To help our aspiring entrepreneurs and future SETsquared Bristol members, we showcase member and alumni case studies demonstrating the breadth of tech at SETsquared Bristol and what it takes to achieve success. We had a chat with GenomeKey CEO, Michael Roberts… GenomeKey Facts Start date:  August 2019 Market sector: Medtech/diagnostics Location: Bristol Number of employees: 9 growing to 12 and beyond Amount…

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Latest financing for Micrima developing a disruptive breast cancer scanning system

SETsquared Bristol alumnus, Micrima limited, have closed the latest fundraising round by way of a convertible loan note. The company raised £1.9 million from new and existing shareholders which is being matched by the ‘Future Fund’, the UK government initiative delivered by the British Business Bank, thereby providing Micrima with £3.8 million of funding in…

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