£1.3m investment for biomedical firm with new way to fit artificial limbs

  Mario Espinoza and Frederico Carpinteiro of Adapttech with Peter Dines from Mercia.
A Midlands biomedical start-up which has developed technology that helps the fitting of artificial limbs and prostheses has closed a £1.3m funding round led by Mercia Fund Managers. Adapttech has secured £250,000 from the MEIF Proof of Concept & Early Stage Fund, managed by Mercia and part of the Midlands Engine Investment Fund, £500,000 from Mercia’s EIS funds, with the remainder from the Portuguese venture capitalist Hovione Capital and private investors. The company has recently moved its headquarters from Portug... For the full story register now for free or login below...