Debt10 July 2019

Medical Management Robotics secures £115k debt finance from FW Capital to fund expansion

The Daresbury firm will use the debt finance from FW Capital to upgrade its facilities, expand 3D printing capabilities and strengthen marketing.

£115KDebt

Medical Management Robotics develops specialised software and automated dispensing equipment for the pharmaceutical sector. The firm supplies automated systems to pharmacies, hospitals and prisons across the UK.

Medical Management Robotics has secured £115k in debt finance from FW Capital through the Northern Powerhouse Investment Fund. The funding will be directed towards enhancing 3D printing capabilities, upgrading the demonstration room and bolstering marketing activities.

The Daresbury company has experienced significant growth over the past three years, deploying its automated dispensing technology to various pharmacies, hospitals and prisons. This capital injection aims to support the firm's broader expansion strategy as demand continues to rise.

Andy Beesley leads the company as Managing Director, steering its next phase of development in the pharmaceutical automation market.

From the founder

"We’re at a really interesting point in the business where we’re ready to take the next step in our journey, exploring new customers, markets and developing new products. In order to do this we need to have the right infrastructure, people and marketing in place to ensure we can communicate our vision effectively and deliver our promise. This fantastic funding boost from FW Capital will undoubtedly help us achieve this."

Andy Beesley

Managing Director at Medical Management Robotics

Investor perspective

"We have backed a lot of businesses in the technology sector. Medical Management Solutions is the third business we’ve recently supported at the new Tech Space One annexe at Daresbury along with many others at Daresbury, Alderley Park and elsewhere in the North West."

Simon Berry

FW Capital