Healthcare and medical companies, KalVista Pharmaceuticals and Blue Earth Diagnostics received investments worth $46.2 million and $28 million respectively. KalVista Pharmaceuticals is a biotech business which is involved in the discovery, development and commercialisation on new treatments for diseases, whilst Blue Earth Diagnostics is health diagnostics company which is focused on the development of molecular imaging technologies.
As we head into 2017, many different companies are receiving high VC-funding. A recently funded health tech platform, MedShr secured £1.5 million investment. The platform provides a medical education tool for medical professionals and is accessible via the app and online. Technology like MedShr is beginning to allow professionals across the globe to share and improve their practice and knowledge, as industries like healthcare evolve on a digital level.
See above for more UK tech companies that received the most funding!
The statistics were sourced using Marketmark.
UK Tech companies continue to obtain high investments so why not explore other tech companies receiving the most funding. Discover our list of 50 fastest-growing UK tech companies you need to know about in 2017. Download your copy below.