CYP Design, a spin-out of De Montfort University, receives unspecified seed fund from investment firm Mercia.

Life sciences spin-out CYP Design has completed its seed round following investment from venture firm Mercia Fund Management for an undisclosed amount.

The De Montfort University spin-out, co-developed with Cambridge spin-out Ithaka, is commercialising technology designed to speed up the development of new drugs whilst reducing costs, which is based on a set of proteins, named cytochrome P450s (CYPs). The technology allows for the proteins, which normally must be stored at -80 degrees Celsius, to be stored and transported at…

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