UK government-backed UK Innovation & Science Seed Fund (UKI2S) has invested in three university-linked businesses in connection with research grant body Innovate UK’s £8.5m ($11.8m) pilot investment accelerator.
The pilot is an effort to encourage private-sector investors to put more into early-stage, grant-funded UK medical businesses in the therapeutic, diagnostic and device segments.
The three university-linked companies are among a cohort of seven to have received sums of undisclosed size from Innovate UK’s program.
Linear Diagnostics, a University of Birmingham molecular…
