Summary
Gnosis Health, a spinout from Newcastle and Plymouth universities, has successfully secured £1.1 million in a recent funding round. This capital infusion is earmarked to advance the development and market launch of MAXine, its innovative AI-powered digital healthcare assistant specifically designed for Parkinson's disease management.
Summary of transaction details:
- Value: £1.1 million
- Sector: Healthcare & Biotech
- Advisor: Not mentioned
- Key Entities: Target: Gnosis Health; Investors: Innovate UK, SFC Capital, Northstar Ventures
- Location: UK (implied by Newcastle/Plymouth universities, Innovate UK, North East NHS pilots)
Note: This funding round will enable Gnosis Health to expand its engineering capabilities, complete critical NHS pilots, and accelerate the commercial debut of MAXine, addressing a significant clinical need for continuous, adaptive monitoring in Parkinson's care through advanced AI and wearable integration.
Lead Investor / Acquirer
Innovate UK
Lead Investor / Acquirer
SFC Capital
Lead Investor / Acquirer
Northstar Ventures
Advising Broker
Undisclosed Firm
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Series A prioritisedOriginal Source
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