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