Back to Investors
GL

GMC Life Sciences Fund By Praetura

Venture Capital

A £20m investment fund comprising Greater Manchester Combined Authority, Enterprise Cheshire and Warrington, Bruntwood SciTech and Praetura Ventures that supports life sciences businesses.

Portfolio

4

companies


Portfolio companies

SiSU Health

SiSU Health

SiSU Health provides self-service digital health checks and preventative solutions.

PC

Pill Connect

Pill Connect builds digital tracking devices to monitor medication adherence in clinical trials.

C

CareLoop

CareLoop provides a digital therapeutic platform for severe mental illness.

Re:course AI

Re:course AI

Re:course AI builds a virtual training simulator for healthcare and life sciences.


Team

SS

Sim Singh-Landa

head of the GMC Life Sciences Fund By Praetura


Recent investments

Seed
£1.3M

The investment was backed by the GMC Life Sciences Fund By Praetura and NPIF II, Praetura Equity Finance.

"We’re building a future where everyone has the tools and confidence to take control of their health — wherever they are. This funding allows us to scale our digital platform, extend our reach into new communities, and strengthen our collaborations and integrations across employer, public health and primary care. Prevention has to be proactive, accessible and data-informed — and that’s exactly what SiSU Health delivers."
— Samantha Fay, CEO
£260M

The Manchester medtech company raised backing from the GMC Life Sciences Fund and NPIF II to expand its team and fulfill commercial contracts.

"Following a period of intensive development, during which we priortised quality, our customers’ needs and patient outcomes, I am delighted to see Pill Connect move into commercial adoption. Our dispensers are now being used in clinical trials, ensuring that one of the most critical factors – the drug being taken – is now both measurable and can be acted upon during a clinical trial."
— James Burnstone, CEO
Seed
£1.8M

Praetura Ventures and Verge HealthTech Fund co-led the seed round to support preventative care for severe mental illness.

"We understood CareLoop’s mission, vision for transforming severe mental illness aftercare and the wider roadmap from our very first meeting with the team. Fast-forward to the present day and we’re incredibly excited to not only be supporting the company with investment but also the more than money guidance and network support it needs to scale and deploy its technology across the NHS and other global health institutions. The company is a testament to the quality of spinouts coming out of the University of Manchester, and the North West’s universities more generally. In addition, it’s great to see the GMC Life Sciences Fund by Praetura and the NPIFII – Praetura Equity Finance funds collaborate alongside co-investors from the UK and Singapore."
— Sim Singh-Landa, head of the GMC Life Sciences Fund By Praetura
Seed
£3.5M

The seed round was led by Par Equity with backing from Northern Gritstone and the GMC Life Sciences Fund By Praetura.

"Re:course AI has the potential to disrupt how the healthcare professionals of the future are trained, as the demand for virtual AI-based training is growing,"
— Aidan MacMillan, Senior Investment Manager