RSS

Veryan gets £2.5 million

Article Date:  Apr 08 2009

West Sussex-based biotech concern Veryan Med, which specialises in addressing vascular disease, has received £2.5 million in a further funding round from Imperial Innovations.

Susan Searle, chief executive of Imperial Innovations, says: ‘Imperial Innovations continues to take the lead in supporting Veryan, one of our core portfolio companies.

‘We are in the enviable position of having the cash resources, infrastructure and people needed to turn science into value. Our further investment in Veryan today takes it a step closer to market.’

Veryan’s own management team has also invested in the funding round. Separate to this round, Veryan has received investments totalling approximately £3 million to date.

This is Imperial Innovations’ fourth investment so far this year.

Comments 

There are currently no comments on this article

Sign up and get...

  • Regular GrowthBusiness newsletters
  • Post comments on articles
Sign up

Trying to raise business finance?

The Vistage Guide to Raising Finance in The New Economy. It tells you what your options are and how best to present your case for business finance. Simply visit www.neweconomyblog.co.uk/rf2 to request your free copy.

Hiscox Business Insurance 

Life’s full of uncertainties, but you never want to be in any doubt about your business insurance. Hiscox offers broad and inclusive business insurance available online. You can tailor a policy to suit your business needs from a broad range of covers. Find out more.

Selecting the right IT strategy in 2010

Owner managers and CEOs of fast-growing companies want IT-applications that accelerate competitive advantage and improve operational efficiency. This free whitepaper helps you plan and choose the right IT strategy for your business in 2010. Download ‘Selecting The Right Software Vendor’.

Research

  • Directors' Pay AIM 2009

    What should an AIM company pay its CEO or FD?
    What should a non-executive director or chairman expect to be paid?
    What benchmarks should AIM remuneration committee members be using when
    setting pay?

VCT Special Report 2009

This reports principle aim is to provide business owners seeking funding with information about the amount of funds that VCTs have to invest.

Cash Shells Special Report 2009

A comprehensive overview of cash shells on AIM and PLUS, companies that have become a significant feature on the market landscape.

More

Events Calendar

The Media Magnate Awards 2009

26th March, Vinopolis, London

More
Advertisement

Related articles

Bionic fingers developer secures angel loan

Touch Bionics, which launched its “bionic fingers” worldwide in December, has received a £800,000 loan from its principal investors.

YFM follows investment in New Net

Yorkshire-based New Net Technologies has received follow-on funding from venture capital fund managers YFM.

Braveheart launches new EIS fund

Early-stage technology investor Braveheart Investment Group has launched a new fund under the Enterprise Investment Scheme (EIS).

NBGI backs heart disease specialist

London-based investor NBGI Ventures has led a $5 million (£3 million) Series B investment round into Advanced Cardiac Therapeutics.

Poll

What should Alistair Darling deliver in the Budget?




Have your vote on current issues

People who read this also read

White Papers

Better Roads

Serves the information needs of governments and construction contractors involved in Federal, State, County, City and Township highway, road and bridge construction, winter maintenance, roadside and vegetation management and other highway-related projects.

Defense Technology International

Is the one publication focusing on the critical role of defense technologies in programs, policies, programs and funding, providing readers with integrated intelligence and global perspective in Land, Sea, and Air.

FierceGovernmentIT

Is a free, three times a week email briefing for government employees and contractors on the latest government technology news.

More