IVFmicro

IVFmicro, a University of Leeds spinout focused on enhancing IVF treatment success rates, has successfully raised £3.5 million in Pre-Seed funding. The investment was led by Northern Gritstone, with additional support from Innovate UK Investor Partnerships Programme.

Summary of transaction details:

• Value: £3.5 million
• Sector: Healthcare & Biotech
• Advisor: Not mentioned
• Key Entities: IVFmicro (Target), Northern Gritstone (Lead Investor), Innovate UK Investor Partnerships Programme (Supporter)
• Location: Leeds, Yorkshire (context of spinout and regional news)

Note: This pre-seed funding will enable IVFmicro to advance its technology through the next verification and validation phase, leading to trials on human embryos in fertility clinics, thereby contributing to more accessible and successful IVF treatments.