The investment round was led by Molten Ventures with backing from Stride VC and Alumni Ventures.
"From the very beginning, our vision for Oliva has been clear: to be Europe’s most comprehensive and clinically validated workplace mental health platform. Companies working with Oliva get more than a platform – they get a full-scale partnership for their employee mental health strategy. And for employees – they don’t get short changed by a system powered by bots. We offer evidence-led, human-centric support strategies that are tailored to their individual needs."
Northstar Ventures and Par Equity co-led the investment round to support international expansion and US regulatory clearance.
"I’d like to thank Manus’ existing investors for supporting the Company’s commercialisation programme of our unique NeuroMotor PenTM , building on previous support we received in 2021. This year is set to be an exciting one, with partnerships already secured, and we truly believe our non-invasive and CE-marked product can have a huge impact on patients and tackle the unmet need for a quick, inexpensive device that can detect neurological conditions, particularly given the ageing global population."
The Edinburgh based agritech firm has raised over half a million pounds to accelerate manufacturing of its portable semen testing device.
"We are very proud to secure this additional round of funding which will help to rapidly increase our production meaning we can help even more farmers across Scotland, the UK and beyond."
