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The Electrospinning Company raises £650k with participation from Angels in MedCity investors


Through the support of Angels in MedCity and other investors, The Electrospinning Company based on the Harwell Campus, Oxfordshire, has completed a £650k investment to establish itself as the leading provider of clinical-grade electrospun biomaterials to the medical device industry.

Oxford’s Electrospinning completes successful fundraising through Angels in MedCity

An Oxford-based SME developing products for regenerative medicine and cell culture has become the third company to secure investment in the first year of Angels in MedCity, launched by MedCity, London Business Angels (LBA) and Angels4LifeSciences in October 2014 to grow a new community of angel investors for life sciences.

The Electrospinning Company, located at the Rutherford Appleton Laboratory, has raised £400,000 after attending an investment-readiness course and presenting to investors as part of the Angels in MedCity programme.

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