Investment manager delivers £12m in funding to host of companies
Deepbridge, the Chester-based investment manager, has provided more than £12m in funding to 22 companies based in the North West during 2017.
The investments were made specifically in technology and life sciences-focused firms through Deepbridge’s range of Enterprise Investment Schemes (EIS) and Seed EIS (SEIS) propositions.
In 2017 Deepbridge launched the new Deepbridge Innovation SEIS which provides seed-stage funding to a portfolio of innovative, technology-focused companies.
Deepbridge says a strong network in the North West has enables it to form strategic partnerships with the likes of Alder Hey Hospital in Liverpool, supporting the commercialisation of digital healthcare initiatives, and with internationally-renowned science and innovation campus, Sci-Tech Daresbury.
Such partnerships have allowed Deepbridge to broaden its funding right across the North West and to work with companies such as:
· vTime – based in Liverpool, vTime is focused on developing and publishing highly-innovative virtual and augmented reality engagement software.
· Liverpool ChiroChem (LCC) – based at the University of Liverpool, LCC supplies specialist chemical Chiral building blocks that enable laboratory based researchers to discover and build new drug molecules.
· Zilico – with its head office in Manchester, Zilico has developed an innovative and patented cancer diagnostic device technology that improves cancer screening programmes.
· SurveyMe – Stockport-based SurveyMe offers a disruptive mobile technology that enables businesses globally to quickly capture bespoke, real-time consumer and employee feedback.
· Connect Childcare – Burnley-based Connect Childcare has developed innovative nursery management software systems for the childcare sector.
Ian Warwick, managing partner at Deepbridge, said: “The North West of England is a hotbed of technology and life science innovation. It is therefore no surprise that Deepbridge has been able to support a number of companies in the region to find the funding they require to grow, create jobs and develop unique innovations which can be exported globally.”
