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18th September 2018

Biorelate raises £700k from NPIF - Maven Equity Finance, Catapult Ventures, and Tech Trust

NPIF - Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund, has invested £200,000 as part of a £700,000 funding round in Biorelate, a technology platform using artificial intelligence (AI) to efficiently curate data in biomedicine.

Existing investors, Catapult Ventures via the Greater Manchester and Cheshire Life Sciences Fund, provided £150,000 and the Manchester Tech Trust Angels provided £350,000. The funding will be used to expand the team, and to develop its product offering, including three new SaaS products.

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