The seed round was co-led by BGF and Longwall Venture Partners with participation from seed backers including BioCity, Alderley Park Ventures, and Puffin Point.
"This marks a huge step forward for Kinomica and for KScan™, as we look to the future of cancer treatment. Our pioneering technology offers much-needed support for the development of new precision medicines and represents a new approach to drug trials and treatments that will have a huge impact on patients’ lives."
The Norwich-based diagnostics firm secured £1.3m immediately with up to £2m committed for 2021 from a syndicate of angel and local enterprise investors.
"There’s a vast, global potential in the application of our unique technology. We are using it to tackle Covid now, but it will also produce better vaccines and new diagnostic and therapeutic products in the future. The investment we have secured will enable us to attract new talent to the team at Iceni and maximise the significant opportunities we have in our pipeline."
The seed round was led by Founders Fund with participation from several investors and a public grant.
"We are thrilled to back this innovative group out of the UK, there have been many attempts at small satellite propulsion innovation over the past decade, but they have been marginal improvements on pre-existing technology, Magdrive is the first step-change improvement offering the best of chemical and electric propulsion in a single system."
The seed round was led by Crane Venture Partners to support international demand and product development.
"OpenSensors was founded to use data to measure, understand and improve the world around us. How we work and live are changing faster than we could have ever anticipated. There is a real opportunity for humanity to rethink how we use the physical world with sustainability in mind as well as making the design of workplaces better for people using them. Businesses need an efficient way to gather data about their office buildings to manage capacity so employees can return to the workplace safely and rethink design based on need rather than the status quo."
