Anacail, a spin-out of Glasgow University, has secured £2m ($3m) in a series A led by Sussex Place Ventures and backed by commercialisation firm IP Group and state-backed Scottish Investment Bank.

The company is working with food-processing companies and looks to turn oxygen in packaging into ozone molecules. Oxygen at ground level is bound together in pairs, whereas ozone oxygen molecules contain three, and can both improve food safety as a germicide and also extends shelf life.

Ian Muirhead, CEO…