MTIP led the Series B round for the radiology technology company, with participation from existing shareholder Foresight Group.
"Following unprecedented interest and an oversubscribed round, we are really pleased to be moving forward with MTIP, as well as many of our other existing investors. Once again, investors have been impressed by our clear mission to develop healthcare technology that addresses the problem we are seeing across the world: that there are too many scans and not enough radiologists."
The funding round was led by 24Haymarket with participation from Foresight Group.
"Previsico’s flood forecasting technology provides users with early warnings to take preventative action to reduce damage and losses from flood water. The value proposition to its customers stretches beyond loss mitigation and importantly reduces the negative social impact of flooding. We are thrilled to support Previsico’s CEO Jonathan Jackson and his wider team on this exciting journey."
The investment round was led by YFM Equity Partners with participation from Mercia and Foresight Group.
"We’re proud of what we’ve achieved so far and are very grateful for the support of our clients and partners, but it feels like we’re just getting started."
The financing round was led by Volition Capital with participation from AXA Venture Partners and Foresight.
"We’re entering an age where every business is becoming a tech company thanks to the value of data and the vital need for digitisation both internally and across all customer-facing operations. Our Series B funding is part of our strategic growth plan to help all organisations – not just those in Silicon Valley – respond to this challenge and, following a successful entry to the market, we’re excited to accelerate our expansion into the US whilst continuing to grow in the UK."
