The funding will enable Bio-Images Drug Delivery to expand its manufacturing capacity and grow its team across two sites.
"OralogiK is a truly exciting technology that could transform the lives of many patients and this funding will accelerate its route to market. More than that, by partnering with Archangels, BDD can access its network of sector experts and ensure that we can fully capitalise on the potential of OralogiK"
The round included participation from Kelvin Capital, Old College Capital, and the Scottish Investment Bank.
"Sofant was very pleased to secure NPI’s support and expand our investor base in this important funding round. We look forward to working with NPI in the future as we take our highly innovative SmartAntenna technology to the next level."
Par Equity and the Scottish Investment Bank back the creative software firm for its next growth phase.
"We are delighted to continue to support Agency Core and its very enthusiastic team in bringing to market their superior SAAS platform. After putting significant effort into refining and improving the platform, the company is now focusing on accelerating the growth of its user base."
The equity funding will be used to build scanning units and advance the digitisation of archived media.
"At present, nobody fully knows what is there and people are even scared to open old film reels in case they get damaged. Our cost-effective technology can bring millions of forgotten or unseen moments into light, searchable by anyone on any device. Previously we were just thinking in terms of saving archive footage. However, having vast amounts of content without the ability to search it and scrutinise it is almost useless. Now we have a much more in-depth process which in turn makes it usable and more valuable. The potential is limitless, and it could be very personal. For example, in terms of genealogy imagine you could search for footage of war from the place and time where your ancestor served, or find a gig your parents went to decades ago."