Sunday, November 24, 2024
10.3 C
New York

Novosound: Raises £3.3M in Funding

Novosound: Raises £3.3M in Funding

  • Novosound, an Edinburgh, Scotland-based innovative ultrasound technology company, raised £3.3m in funding
  • Then the firm established in 2018 by Dave Hughes, CTO, and Richard Cooper, CEO, as a spin-out from the University of the West of Scotland
  • Cooper brings industry expertise as a successful technology entrepreneur
  • The Foresight Williams Technology EIS Fund led the round, investing £1.5m alongside £500,000 from the Foresight Scottish Growth Fund
  • Its new sensor technology has also enabled the company to produce higher resolution imaging
  • Then the applications of the technology currently centre on the science and technology industry market

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Close Brothers Asset Management Adopts Objectway’s Portfolio Management Solution

Close Brothers Asset Management (CBAM) has partnered with...

CaixaBank Unveils €5 Billion Technology Investment in Strategic Plan

Spain’s CaixaBank has launched its 2025–2027 strategic plan,...

Nationwide Transitions to HPE GreenLake Hybrid Cloud Platform

Nationwide Building Society is moving its IT infrastructure...

Beacon Launches Digital Wallet for Immigrants Moving to Canada

Toronto-based fintech Beacon is set to launch Beacon Money,...

Minu Secures $30M Series B to Expand Wellness Platform in Mexico

Minu, a Mexican employee wellness platform, raised $30...

Tanner Servicios Financieros Secures $40M IFC Investment to Drive Expansion

Chilean financial institution Tanner Servicios Financieros has secured...

Cardstream Appoints Gurinder Sumra as CFO to Drive Growth

UK-based paytech Cardstream has named Gurinder Sumra as...

SEB Taps Thought Machine’s Vault Core for New BaaS Platform

Swedish corporate bank SEB has partnered with UK-based...
Exit mobile version