Greenwood Way Capital and 24Haymarket led the financing round to support international expansion and operations.
"We are delighted to raise this additional funding. Due to our over-subscribed investment round earlier this year, we decided to add on a second tranche to accommodate the additional interest. We are currently recruiting and looking at prospective new facilities in the UK and California to support the growth of our commercial and scientific activities."
The funding round was backed by 24Haymarket and MMC Ventures to support product development and team expansion.
"This is a great opportunity to invest on top of our triple-digit revenue growth. Trade is the human super-power, by applying AI to boost trade we are helping companies and economies grow faster. We’re hiring!"
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."