Cherwell Laboratories and the Development Bank of Wales have taken a minority stake in the environmental monitoring specialist.
"This is an exciting time for Pinpoint. We have been working on very innovative ideas to develop a new generation of microbial air monitors to meet the new Pharmaceutical regulations. This investment is perfect timing for Pinpoint and allows us to create a range of ground-breaking products for this market."
The financing will support team growth and technology development following the platform rollout earlier this year.
"I am delighted to announce this funding round which will help us accelerate our launch plans, firmly establishing Careology in the market. Careology helps those affected by cancer feel supported and achieve the best possible outcome, with wide ranging benefits for healthcare providers and medical insurance companies."
The funding round was led by West Hill Capital and values the healthcare technology company at £47.6m.
"This latest round of funding shows that investors are just as excited as we are about the possibility for Visionable to make a real difference to the healthcare industry in the next decade. With just limited funding so far, we have helped the NHS save both lives and thousands of pounds, so there is no limit on what we can continue to achieve"
The biotechnology spin-out raised funds from backers including the Angel CoFund and o2h Ventures alongside Department of Health and Social Care grants.
"This latest funding further validates our computational design-led focus that has enabled rapid progress in building our pipeline of novel antibiotic programmes."
The Series B round was led by Leaps by Bayer to support clinical studies and technology development.
"Medopad has a bold mission to help people live their life to the fullest – one that requires long-term commitment and partnership to achieve. We are delighted that Leaps by Bayer who participated in our Series A round have now become the lead investor in our Series B. We have found the ideal partner with the dedication to help us reach our vision of creating a world where each person lives their life to the fullest."