Cross Border Angels & Experts has backed the animal health startup through its Seed-2-Growth programme.
"The animal health industry is undergoing important changes at the moment, and gut health is at the centre of this. Given the challenges being faced, the effectiveness of solutions for animal health has to be based on increasingly robust science. We believe that EquiNectar is a game changer in the field of animal gut health, as it is a product that has not only shown its effectiveness in rebalancing gut flora in horses, but also the positive consequences that this brings. We are very excited about partnering with CBA as they will help us to reach out to their Global resources to better access markets, partners and investors."
The funding will support a joint project combining deep text mining and sparse data solutions.
"Adequate data curation underpins so much of the future success of research and development in science and Biorelate is continually investing in innovative ways to improve this. What really excites me about this project is the prospect of bringing two completely different, game-changing technologies together to achieve something entirely novel. We can’t wait to start!"
The round was led by 24Haymarket with a £632k contribution to support product development.
"This investment represents a watershed moment for MediSieve, and gives us the resources required to move forward with our product development and commercialisation over the coming years."
