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 […]
xbim secures £500,000 investment from Northstar Ventures
xbim, a leading Newcastle based tech business, has secured £400,000 from the North East Innovation Fund, supported by the European Regional Development Fund (ERDF) and managed by Northstar Ventures as a part of their £500,000 fundraising round. Although xbim was founded in 2016, Director Steve Lockley began the development of the company’s leading product xbim […]
Seeking solutions to build a better tomorrow
The month of June includes a focus on some of the issues facing the planet, with World Environment Day, World Oceans Day, World Day to Combat Desertification; and International Day of the Tropics. At Northstar Ventures, where we are focused on building a better tomorrow for our planet and people, we look to invest in […]
£2.45m to further develop early stage skin cancer test
Northstar Ventures is delighted to continue investing in AMLo Biosciences Ltd (AMLo), with further funding from the North East Innovation Fund, supported by the European Regional Development Fund. AMLo, an innovative medical device company spun out of Newcastle University specialising in the early detection of skin cancers, has secured significant further investment totalling £2.45m. At […]
Investment of £710,000 to help revolutionise online learning
North East company sub-10 has received over £700K to help develop its intelligent learning platform using AI to change the way compliance training is delivered. With £350,000 from the North East Innovation Fund, supported by the European Regional Development Fund (ERDF), and managed by Northstar Ventures, plus additional funding from Angel investors, led by lead […]
CellRev raises a further £1.75m
Biotech disrupter CellRev, which aims to revolutionise the way cells are grown, has raised a further £1.75million from a group of investors, to accelerate research & development and strengthen their commercial team as they prepare to take their bioreactor technologies to market. This funding follows a seed investment of £1.2m in January 2021, which involved […]
Sphera closes £1.9m funding round
Sphera, the company helping the construction sector build a net-zero world, has closed a £1.9 million funding round. The investment round brought together a range of stakeholders who support Sphera’s vision for a net-zero construction sector, including from the North East Innovation Fund, supported by the European Regional Development Fund (ERDF) and managed by Northstar […]