Carcinotech Secures £4.2 Million Funding for 3D Micro-Tumour Innovation
Carcinotech, an innovative 3D printed micro-tumour manufacturer based in Edinburgh, Scotland, has recently secured £4.2 million in funding. The funding round was led by Eos Advisory, with participation from a number of esteemed investors including the Investment Fund for Scotland managed by Maven Capital Partners, Scottish Enterprise, Old College Capital, Investing Women Angels, TRICAPITAL, SIS Ventures, Gabriel Investment Syndicate, and Alba Equity. This significant investment will enable Carcinotech to expand its operations and further its research and development efforts.
Headed by Ishani Malhotra, the CEO and Founder, Carcinotech offers Carcino3D, a ground-breaking product that utilizes advanced technology to manufacture 3D printed micro-tumours.
These micro-tumours are created using cells derived from patient biopsies and blood samples, providing an accurate representation of the tumour microenvironment. This breakthrough technology has the potential to revolutionize ethical drug screening, allowing for the development of more effective cancer treatments.
Ishani Malhotra expressed her optimism about the future of Carcinotech, stating, "Our vision is to be at the forefront of cancer drug testing and provide personalized medicine testing to every individual suffering from cancer, improving their treatment and chance of survival." Collaborating with prominent partners, including global pharmaceutical companies, surgeons, pathologists, and clinicians, Carcinotech aims to accelerate the development of oncology drugs. This funding will undoubtedly help Carcinotech make great strides in their mission to combat cancer and improve patient outcomes.
They've invested in Carcinotech
Get to know these Healthtech investors
| # | Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|---|
1 |  Investment Fund for Scotland | 1 investment(s) investment(s) | more info | |||
2 |  Maven Capital Partners | 12 investment(s) investment(s) | more info | |||
3 |  Scottish Enterprise | 18 investment(s) investment(s) | 7 contacts contacts | |||
4 |  Old College Capital | 8 investment(s) investment(s) | more info | |||
5 |  SIS Ventures | 4 investment(s) investment(s) | 5 contacts contacts | |||
6 |  Gabriel Investment Syndicate | investment(s) investment(s) | more info |
Click here for a full list of 6,908+ startup investors in the UK