Pregnancy Test Technology Secures £2.3 million Through Angel CoFund Deal

April 14, 2014

The Angel CoFund has joined forces with Diagnostic Capital and existing investor Finance Yorkshire’s Seedcorn Fund to back medical technology company Concepta.

Funding worth £2.3 million has been secured for the women’s health company, one which was founded off the back of the work of former senior Unipath scientists.

To coincide with the funding, Concepta has secured the services of Ian Gilham as chairman and David Evans as director. Gilham is the former CEO of diagnostic company Axis-Shield (bought by Alere for £235 million) while Evans is currently chairman and investor at ‘a number’ of listed and private businesses.

Read the full article on growthbusiness’s website here