Integrated drug formulation and clinical trials company, BDD has secured a further round of investment for £2M to aid the company’s expansion in response to growing demand for both its patented drug delivery technology and specialist clinical trial services.

Seattle, USA: Wavely Diagnostics, Inc., a digital diagnostics company developing smartphone-based apps to bring accurate, data-driven virtual pediatric care into every U.S. household, has raised $1.35MM in new funding to advance its first-of-its-kind digital diagnostics platform for enabling virtual ear infection care for children, bringing Wavely’s total investor and grant funding to $6.35MM. The new funding will enable Wavely to seize upon growing interest from healthcare systems and pediatric care providers and accelerate development ahead of its planned public release in app stores later this year. 

Cytomos, an Edinburgh-based life science company that has developed a proprietary new approach to analysing cells, has secured £4 million to scale up market-testing of its technology platform Cytomos Dielectric Spectroscopy (CDS).

Béa Fertility, the pioneering fertility tech startup making clinical-grade fertility care available at home, has raised £2.5m/$3.2m to release its first groundbreaking at-home fertility treatment to early adopters in the UK.

ITALY: 1000Farmacie has announced the completion of the second tranche of its Series A round, raising an additional $10M for a total of $25M. 

Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has secured $12 million in an equity and debt funding round to deepen the penetration of its services in Nigeria and support the delivery of targeted financial services to drive business growth across the country’s pharmaceutical sector.

thymia, a healthtech startup building gamified AI tools to revolutionise how we assess and monitor mental health, raised $2.7 million seed funding to expand the reach and capabilities of its pioneering technology.

London-based consumer health startup Berry Health raised $1.6m from Lightspeed Venture Partners and General Catalyst to democratize access to healthcare in Africa, starting out with mental health, sexual health and dermatology.

Oliva, a healthtech platform offering specialist, on-demand mental health and wellbeing support to employees, has announced a €5 million fundraise in a round led by Molten Ventures and joined by existing investors Stride VC and new backers Alumni Ventures. Angels including Kieran Flanagan, CMO at Zapier, also participated.  

Manus that it has closed a £2.6m funding round to support the commercialisation of its innovative NeuroMotor Pen™.

Existing investors supported the £2.6m investment round including the North East Innovation Fund, supported by the European Regional Development Fund, and managed by Northstar Ventures coleading the round with Par Equity with participation from SIS Ventures, Scottish Enterprise and Old College Capital.

South East Angels investment ORB Innovations has been cquired by Glidewell Dental, one of the largest dental companies in the world.

Grow Lab Organics (GLO), a British cannabis company headquartered in the Isle of Man, has closed a £1m seed round from investors including Saul Milton (Chase & Status) and Mark Wilkinson. With the first commercial cannabis licence on the island, and one of the first in the UK, GLO is now launching a community offer to become the first community-owned medicinal cannabis producer in Europe, enabling patients to live better lives through the power of cannabis.