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What's new in MedTech & HealthTech (August)

Immerse yourself in the latest developments and groundbreaking partnerships shaping the MedTech and HealthTech landscape!

Cambridge-based HealthTech company electronRx has moved into a new, spacious office within Compass House in Histon to accommodate future expansion. The 20-plus strong team comprises world-leading experts from various fields, collaborating to tackle significant healthcare challenges in the UK and beyond. With several successful funding rounds, the company sets its sights on delivering cutting-edge healthcare solutions.


Breath diagnostics company Vocxi Health and digital health partner S3 Connected Health have embarked on a partnership targeting non-invasive disease identification. By uniting their expertise and resources, the two companies aim to revolutionise lung cancer detection and monitoring through innovative technology.


The Birmingham NIHR Clinical Research Facility (CRF) has been awarded a substantial £4 million grant from the National Institute for Health and Care Research (NIHR). The funding is part of a more significant £96 million allocation earmarked for NHS organisations across England, which will be used to enhance research delivery. The grant enables the CRF to invest in cutting-edge research equipment and improve patient research facilities, empowering teams to develop novel ways of preventing and treating diseases.


In collaboration with the University of Cambridge, London-based health tech startup Cogs AI has secured £415,000 in funding from Innovate UK. The grant will be used to develop an AI-powered software platform specifically tailored to support young people with special educational needs. Cogs AI specialises in designing software that caters to this demographic's unique challenges and requirements.


The UK government aims to elevate the country's tech industry and transform the nation into a science and technology superpower by 2030. With the UK tech sector already valued at $1 trillion, the next challenge lies in addressing remaining weaknesses and fostering commitment to technological innovation across all industries, including healthcare.


London-based health tech startup uMed has raised an impressive £9.8 million in a new funding round to address the significant decline in patient access to NHS clinical trials. The company plans to allocate some funding to scale its UK-focused efforts and expand its presence in the North American market.

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