Vita Spring provided the funding as QuantuMDx also pursues commercialisation discussions with Sansure Biotech.
"I am very pleased to announce this equity investment today which will enable us to further evolve the Q-POC™ platform, making our system one of the most innovative, high multiplexing, molecular point of care devices in the market. Vita Spring shares our mission of developing accurate and efficient solutions to identify pathogens and diagnose diseases and so we are delighted they have chosen to invest in QuantuMDx. We are also looking forward to our close future relationship with Sansure and believe they will be an excellent partner for QuantuMDx in China as we look to increase our global footprint in Chinese and adjacent markets."
— Jonathan O’Halloran, Co-founder and Chief Executive
SKion Water has backed SouthWestSensor in a Series A round to drive commercialisation of its sensor platform.
"We are absolutely delighted to welcome SKion Water on board, a highly respected investor with a shared vision of the pivotal role that advanced sensing solutions will play in improved water management and digitisation of this key industry. Apart from the investment itself and SKion’s top-notch domain experience, we are already seeing the benefits of working with SKion’s portfolio companies, having just completed a 3-months sensor deployment with one of them. This provides a strong basis for further growth and integrated product and service offerings to reach our ambitious short and mid-term commercial goals. I would like to thank SWS founder, Dr. Xize Niu, our excellent team and previous Seed Round investors."
Turquoise led the seed round with participation from Cambridge Agritech, Deeptech Labs, and Amadeus to support international expansion.
"We are delighted to welcome LCIF2 as an investor in Outfield. This investment will enable us to develop the customer base as well as adding new functionalities to the platform. Now is the time for new precision technologies to revolutionise this sector, supporting global food security and managing the environmental impacts of fruit growing"
The financing will support the final development and commercial launch of the company multi-link antenna technology.
"We are delighted to announce this new funding today, which will bring our game-changing technology to reality within the next 12 months. The strong interest we have received from across the industry has given us the confidence to accelerate our growth plans and bring forward the commercialisation of our groundbreaking new terminals, harnessing the potential of the thousands of new satellites being launched across multiple orbits in the year ahead."
