AccuNostics Raises £4M

Published On September 15, 2011 |

AccuNostics, a Forres, UK-based medical diagnostics company, has raised £4m in funding and grant.

The round, which was led by Delta Partners with the Scottish Investment Bank,
includes £2.5m of capital and a £1.5m grant package from Highlands and Islands Enterprise (HIE).

AccuNostics intends to use the funds to grow the business. The company, which has already made a number of appointments, is actively recruiting for a further 15 staff (http://accunostics.co.uk/join-us.html).

Founded in 2008 by CTO and COO Olly Davies and CEO Giles Hamilton, the company designs and manufactures self monitoring devices for diabetes, blood glucose analysis, and other blood analytes.

FinSMEs

15/09/2011

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