SmallSpark Space Systems, an award-winning rocket propulsion innovation company which is part of the Deepbridge Technology Growth EIS Fund, has recently achieved a significant milestone by demonstrating the ability of its Digital Fusion technology to support the development of customised solid rocket motors.
Award-winning University of Strathclye spinout company, Microplate Dx Limited has recently closed a £2.5M seed funding round to develop its point-of-care diagnostic platform which can confirm the presence of bacteria and guide a patient’s doctor to effective treatment by rapidly identifying effective antibiotics to use and which ones to avoid.
The British Business Bank has unveiled a groundbreaking £150 million investment fund for Scottish entrepreneurs, offering significant financial boost to empower and elevate small businesses. The fund provides loans ranging from £25,000 to £2 million and equity investments of up to £5 million, facilitating the growth of these small and medium-sized enterprises, whether they are just starting or scaling up.
By Dr Savvas Neophytou (Chief Investment Officer, Deepbridge Capital)
It is fair to say that 2023 to date has been a slow year across the Venture Capital (VC) sector, representing a period of challenges, but has ultimately also been a period of considerable progress and maturity for the Deepbridge tech and healthcare portfolios.
Ferryx, an investee company within the Deepbridge Life Sciences EIS fund, has been shortlisted for the HealthTech Award at the Tech South West Awards 2023.
