Souuthe

North East healthtech start-up Souuthe has successfully secured a £75,000 Innovate UK Women in Innovation Award, an important financial boost to accelerate the development of its innovative calming technology designed for people living with dementia and receiving palliative care.

Summary of transaction details:

• Value: £75,000
• Sector: Healthcare & Biotech
• Advisor: Not mentioned
• Key Entities: Souuthe (Target), Innovate UK (Funder)
• Location: Saltburn-by-the-Sea (Souuthe)

Note: This grant provides crucial non-dilutive capital and business support, enabling Souuthe to conduct clinical testing and navigate the regulatory approval process for its technology, which offers a non-medicinal approach to reducing anxiety in end-of-life care.