The oversubscribed round was led by West Hill Capital to support team expansion and product development.
"We are experiencing significantly faster adoption of our technology with deal cycle time considerably reduced. This funding round will enable us to fast track our expansion plans and develop new functionality in order to meet growing demand."
The funding round was backed by the Development Bank of Wales, private investors, and a Welsh Government grant.
"It has been well documented that nanofibrous material – like those developed by Hybrisian – protect against harmful bacteria. We have studied these properties in depth and have now developed products that are proving to be extremely effective against both harmful bacteria and viruses. Our expertise in this field has prepared us for the challenges presented by the coronavirus pandemic and we are pleased to have been able to develop products which will help."
The interim funding was provided by Wealth Club and the Development Bank of Wales to scale up staff.
"Bond is a great example of the many Welsh technology businesses that are supporting the fight against Covid-19. Our investment is testament to our belief in their ability to scale up and make a real difference at this difficult time and to their longer-term growth in the global diagnostics market. We wish them every success."
Prime Advantage Capital Partners advised on the seed raise to support retail expansion and direct-to-consumer growth.
"Prime Advantage has been pivotal in this funding round. They made the process seamless and we were able to reach the right investors and secure investment in a short period of time. This has allowed us to launch our next growth phase to coincide with the new listings in Boots and rapid growth of our direct to consumer business."
The funding round was led by IW Capital to support the expansion of GPDQ as it responds to rising healthcare demand.
"We set out five years ago with a vision to build a more sustainable healthcare system in the UK by working with the NHS, employers and insurers to deliver more care closer to patients out in the community. We’ve worked hard to build a community of clinicians who believe passionately in the ability of technology and new ways of working to achieve that goal. Whether the route to connect is through a visit, in a clinic or over the video, the personal interaction between doctor and patient is at the heart of everything we do."