Scottish Enterprise is a national economic development agency supporting business growth.
Equity Gap led the seed round alongside Scottish Enterprise and Innovate UK to fund artificial intelligence development.
"We would like to acknowledge the support of Investing Women Angels, which has not only been a key early investor, but has also supported and mentored us through its AccelerateHER programme"
TRICAPITAL and Scottish Enterprise backed the funding round to help launch the company's inaugural fine art resale marketplace.
"This is a project we have worked on for several years but was put on ice because of the Covid pandemic and we are now delighted to be supported financially and strategically by TRICAPITAL and Scottish Enterprise."
The Edinburgh biotech uses the capital to scale its 3D bioprinted tumour models across the UK, Europe, and the US.
"Our vision is to be at the forefront of cancer drug testing and provide personalised medicine testing to every individual suffering from cancer to improve their treatment and chance of survival. Working with global partners, leading pharma companies, surgeons, pathologists, and clinicians, Carcinotech aims to accelerate oncology drug development significantly."
The funding will support the commercialisation of the firm's patented Wi-Fi audio technology.
"Steve brings the skillset and firsthand experience of generating demand in a very targeted manner which is critical to advance Fi-Live™ as we expand from being a product focused company in one niche to a broad technology provider"
The seed round was co-led by Boehringer Ingelheim Venture Fund and Scottish Enterprise to support laboratory establishment and team expansion.
"Our mission is to provide physicians and patients with highly potent, targeted antimicrobial therapies that can kill antibiotic-resistant bacteria for which there are diminishing options available for treatment,"
