Albert Medical Devices Receives £940K in Third Funding Round

Albert Medical Devices (AMD), a Liverpool, UK-based medical technology company, received £940k in its third round of funding.

The round was led by the Angel CoFund, with participation from existing investors North West Fund for Biomedical (managed by SPARK Impact) and the London Business Angels.

The company intends to use the funds to launch the product into key healthcare markets and develop new products.

Led by Dr Matt Pearce, CEO, Albert Medical Devices provides the melio leg bag, an intelligent catheter leg bag, complete with electronic urine level sensor, discrete patient warning system and control panel.

FinSMEs

08/04/2014

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