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.