Cytox Closes £1.5M Second Round of Funding

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New Funding Will Accelerate Access to Clinical Value, Says CEO Cytox Ltd, a leading developer of assays for risk assessment and prediction of dementia, has announced the successful completion of a second round of funding, closing at £1.5M. New shareholders include Seneca Partners Ltd. and the round was led by existing shareholder, SPARK, Northwest Fund for Biomedical with strong support from other existing shareholders including Wren Capital and The Rainbow Seed Fund (Midven), as well as private investors.  

SAT secures extra funding

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University of Birmingham spinout, Smart Antenna Technologies secures extra funding Mercia Fund Management leads further investment in telecoms start-up Birmingham, 19 February 2014. Smart Antenna Technologies (SAT) today announced the completion of a further investment lead by Mercia Fund Management, the investment syndicate included Angel investors, the company’s management team and family offices. The investment will fund product development and sales and marketing activities.