Magnitude Biosciences secures £1.3m to scale breakthrough drug discovery platform
Magnitude Biosciences, a specialist contract research organisation (CRO) and Durham University spinout, has secured £1.3m in funding to accelerate the commercialisation of VivoScanTM, its pioneering in vivo high-throughput screening (HTS) platform, which provides pharmaceutical and biotechnology companies with faster and more cost-effective ways to identify promising new treatments for ageing, longevity and neurodegenerative diseases. VivoScanTM […]
Land Digital secures over £700,000 to accelerate its AI-driven platform for barrier-free tolling and parking
Land Digital, a Sunderland-based transport technology company, announced it has secured over £700,000 in funds to accelerate the development and commercial rollout of its AI-enhanced proprietary platform for barrier-free tolling, parking and transport operations. The funding comprises a £500,000 investment from Northstar Ventures’ Venture Sunderland Fund, as well as £25,000 from business angels and £180,000 […]
onHand raises £3.25M to help companies do more good
onHand, the employee volunteering & sustainability platform, has announced a pre-series A funding round of £3.25M to help companies everywhere do more good. Led by 24Haymarket, the round is backed by the North East Innovation Fund, supported by the European Regional Development Fund which is managed by Northstar Ventures, UK Research and Innovation (UKRI), and a […]
Serial entrepreneur secures investment for North East venture
Serial entrepreneur Kevin Beales has launched his latest tech business in the North East, MySalesCoach. MySalesCoach, the first company to offer virtual access to expert one to one sales coaching to sales teams as a subscription service, has secured investment of over half a million pounds shortly after launching. With £250,000 from the North East […]
BelleVie Care raises £2.1m to boost innovative care model across the North East
BelleVie Care, an innovative home care provider working to modernise and improve adult home care across the North East, is proud to announce that it has received £2.1m in seed and grant funding from a group of ambitious, purpose-led investors who share its mission. BelleVie’s Wellbeing Support Teams provide high-quality, award-winning care across Hexham, Prudhoe, […]
VRAI secures £3 million investment
VRAI, a Gateshead-based company that creates data driven VR simulation training, has secured £3 million in funding. Led by Northstar Ventures, this latest investment includes funding from the North East Innovation Fund, supported by the European Regional Development Fund. The investment will see the company bring its data driven VR simulation technology to the offshore […]