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MedTECH Centre Tenant secures funding.

To the end of March, The North West Fund, a £185million evergreen fund that provides debt and equity funding, had invested £20.5million of funding into 83 businesses, of which 14 have received more than one round of funding.

Key deals completed during Q1 of 2012 included a pathfinder investment into MedTECH Centre based Rapid Rhythm,  a collaboration between its founders, TRUSTECH Smart Healthcare Ventures and Central Manchester University Hospitals NHS Foundation Trust.

The investment will be used to fund the development of a hand held device to enable the rapid diagnosis of Atrial Fibrillation.

"Rapid Rhythm couldn't have had a better start" said Centre Manager, Paul Hanmer, "we now need to accelerate the development of this technology so that it can be used to help NHS patients."

 

 

 

 

 

 

 

Atrial Fibrilation

Atrial Fibrilation

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