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Uo

University of Nottingham

Other

Portfolio

4

companies

By category

  • AI/ML£3.4M
  • FashionTech£1.5M
  • Uncategorised£1.1M

By location

  • Nottingham£6.0M

Portfolio companies

BA

BlueSkeye AI

BlueSkeye AI builds face and voice analysis technology to assess mood and mental wellbeing.

Fa

Footfalls and Heartbeats

Footfalls and Heartbeats manufactures patented smart sensor fabrics for various industries.

N

NuVision

NuVision manufactures biological treatments and bandage contact lenses to accelerate ocular healing.

PP

Promethean Particles

Promethean Particles manufactures high-value nanomaterials at scale for applications such as carbon capture.


Recent investments

£1.1M

The Nottingham-based eye care specialist raised the capital from investors including Mercia, Pioneer Group, and the University of Nottingham.

"We are delighted to receive further support from our existing investors. This investment round is an endorsement of our innovative new therapies for ocular care and our commitment to developing a rapid and accessible treatment for the ocular injury. The next stage of development is the scaling of our commercial and operational capabilities ahead of a planned Series A round in late 2023 or early 2024,"
— Andy Hill, CEO
Seed
£3.4M

The round was led by XTX Ventures to support expansion across health and wellbeing markets.

"The demand for alternative pathways to access mental healthcare is enormous, and continues to grow by the day. We’re committed to disrupting traditional approaches to healthcare to help improve the quality of people’s lives, and we’re particularly focused on the perinatal mental health sector. With the support of XTX Ventures, Foresight Group and Praetura Ventures, we’ll strengthen the rollout of new clinical trials and product development, and champion the benefits of technology for reinforcing healthcare provision on a national, regional and global basis."
— Michel Valstar, CEO

TSP Ventures co-led the round, supported by Foresight Group, the British Business Bank, the University of Nottingham, and angel investors.

"We are delighted to be joining the Promethean Particles team and becoming a part of their onward journey. On the current trajectory, global warming is predicted to reach 2.7°C by 2100. Hitting the 1.5°C target established in the 2015 Paris Agreement will require a 45% reduction in annual global emissions by 2030. However, even with all the current climate pledges and commitments, global emissions are set to increase significantly over this period. At TSP, we believe that hitting, or even getting close to this target without carbon capture is now virtually impossible. Bringing down the cost of carbon capture (both point-source and Direct Air Capture) is essential and as Venture Capitalists, we believe it is our role to support emerging, World-changing technologies through the difficult development period to full commercialisation. Under the experienced leadership of CEO James Stephenson, we are certain that the Promethean team have all the necessary knowledge and expertise to scale this technology."
— Mike Doswell, Co-Founder