Menu visibility control

Video

Events

Startup Surgery

Most Recent

News

Iris Capital launches €250m European tech investment fund

News

Startup Weekly: Welsh tech accelerator calls for applications, Virgin StartUp partners with WeWork and more

Tech City Voices

Culture. There’s no app for that, Kalanick

Press Releases

‘Connected finance’ app Curve hits £50m spend ahead of UK launch
“Coffee, networking and productivity”: Workspace disruptor ‘Lounge’ launches in London
Kompli-Global’s Technology Will Make Life Harder for Money Launderers

Belfast-based Axial3D raises £230,000, brings total Seed funding to £530,000

Belfast
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Belfast-based startup Axial3D has secured £230,000, bringing its total Seed funding to £530,000.

The startup says it will use the money to invest in further development of its workflow solution, which seeks to facilitate access to 3D printed patient-specific anatomical models for surgical planning.

As part of the round, Techstart NI, the firm’s largest single investor, pledged a further £100,000, bringing its total commitment to £250,000.

EXCLUSIVE: London-based Inploi raises £500,000, brings total to £1m

Dr Sandy McKinnon, investment director at Techstart NI, said the firm is “already making profound impacts” on surgical interventions.

“The unparalleled insight the models give really does help the surgeon get it right first time and saves the healthcare provider both time and money,” he continued.

The news comes after Axial3D, which entered the scene in 2015, opened an office in central Belfast last month to accommodate its “growing” team.

Axial3D has also attracted Patrick Hurst MBE to invest and join its board of directors.

HealthTech in Belfast

Axial3D is not the only Belfast-based HealthTech firm to have raised funding in recent weeks.

Just last month, BrainWaveBank announced it had raised £1m in Seed funding from investors including the Angel CoFund and techstart NI, which contributed to the round via its R&D scheme.

Also founded in 2015, BrainWaveBank is developing data-centric solutions to help track brain health and fight dementia – believed to cost the UK a staggering £26bn a year.

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

Paris

Iris Capital launches €250m European tech investment fund
posted 10 hours ago

Startup Weekly: Welsh tech accelerator calls for applications, Virgin StartUp partners with WeWork and more
posted 13 hours ago

Culture. There’s no app for that, Kalanick
posted 15 hours ago

startup life

Uber’s CEO resigns, over £368m in UK tech funding, a new $3.3bn fund and more in The Week in Tech
posted 18 hours ago

inploi-co-founders

EXCLUSIVE: London-based Inploi raises £500,000, brings total to £1m
posted on June 22, 2017

Peter-Smith-Nic-Cary-Feb-2016

UK-founded tech startup Blockchain secures $40m Series B
posted on June 22, 2017