Portfolio
3
companies
Arma Karma
Arma Karma offers flexible contents insurance subscriptions for renters.
EcoSync
EcoSync deploys cloud-based energy management technology to reduce commercial heating bills and carbon emissions.
Qkine
Qkine manufactures specialist bioactive proteins for stem cell and regenerative medicine applications.
OION Angels backed the insurtech firm in a round designed to accelerate technology development.
"Oxford Innovation Finance Angels are the very definition of smart-money, and we couldn’t be happier to have them join our journey. Our seed funding round is set to propel us in 2023, doubling down on the developments and success we saw across 2022."
The oversubscribed round will scale up manufacturing and research for the bioactive protein developer.
"We are at an exciting stage of development, with new funds facilitating our next phase of rapid growth as we continue our mission of providing more reliable tools for research and bio-manufacturing. Our platform provides an improved process for complex protein manufacture at exceptionally high purity and unique engineered products that address specific challenges for stem cell biology. Growth factors are essential reagents for all stem cell manufacturing, and therefore critical for the delivery of cell therapies and cultivated meats."
The funding round was supported by Oxford Innovation EIS Growth Fund and OION Angels.
"This new funding allows EcoSync to make significant progress towards the next milestones in its development strategy, giving us the opportunity to expand into other sectors and accelerate growth. Without the support of our new, and existing, investors we would not have been able to make such compelling advancements and take our solution to market, where it can have a real impact in driving a transition towards net zero carbon."
