Deal History
Investor: Midlands Engine Investment Fund (managed by Mercia Ventures), University of Nottingham, Pioneer Group
NuVision Biotherapies, a medical spinout from the University of Nottingham focused on developing advanced treatments for eye conditions, has successfully raised £4.8 million in a recent funding round. This investment will accelerate the company's efforts to expand the reach of its amniotic membrane-based products, Omnigen and OmniLenz, which aim to improve healing and manage various ocular conditions. Summary of transaction details: Value: £4.8 million Sector: Health Tech, Biotechnology, Ophthalmology Advisor: None mentioned Key Entities: Target: NuVision Biotherapies; Investors: Midlands Engine Investment Fund (managed by Mercia Ventures), University of Nottingham, Pioneer Group Location: Nottingham, UK Note: This funding round underscores the continued investor confidence in innovative health tech solutions originating from academic research. The investment will enable NuVision Biotherapies to scale production, enter new markets, and bring its transformative eye care products to a broader patient base, reinforcing the growth of the life sciences sector in the Midlands.
Investor: University of Nottingham, Pioneer Group, Midlands Engine Investment Fund II, Mercia Ventures
Investor: University of Nottingham, Mercia’s EIS Funds, Midlands Engine Investment Fund, MEIF Proof of Concept & Early Stage Fund, Pioneer Group
Investor: Mercia Fund Management
Funding Timeline
Financial History
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- Company Number
- 09526225
- Status
- Active
- Registered Address
- Medicity, D6 Building, Thane Road, Nottingham, NG90 6BH, England
- SIC Codes
- 21200
- Persons with Significant Control
- The University Of Nottinghamownership of shares 25 to 50 percentMercia Growth Nominees 4 Limitedvoting rights 25 to 50 percentUgf Nominees Limitedvoting rights 25 to 50 percentMercia Growth Nominees 5 Limitedvoting rights 25 to 50 percent
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