Sphere Fluidics, a University of Cambridge life sciences spin-out, has received £1.6m ($2.5m) in a series A round led by private equity firm 24Haymarket and joined by the Royal Society and the University of Cambridge.
Also backing the round were Cambridge Enterprise Limited, Providence Investment Company Limited, the London Business Angels Roundtable EIS Fund, and a number of independent angel backers.
It was the first venture round for Sphere Fluidics.
The Cambridge-based life sciences firm specialises in the analysis and…