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Pangaea Data appoints new CFO and three pharmaceutical experts as advisors

Pangaea Data appoints new CFO and three pharmaceutical experts as advisors
Pangaea Data appoints new CFO and three pharmaceutical experts as advisors
New hires will help drive commercial growth and expansion into the US

London, 29 March: Pangaea Data, the UK company that provides a novel AI based software product to its customers from the biopharmaceutical and healthcare industry, has appointed Mr Simon Coulthard as the new CFO, Professor Mark Musen, Dr. Rick Sax and Mr Ozgur Tuncer to its Scientific Advisory Board (SAB).

Mr Simon Coulthard is a Fellow of the Chartered Institute of Management Accountants with thirty years of accounting and financial leadership experience. He joins Pangaea from Congenica, a cutting-edge digital health company spun out of the Wellcome Sanger Institute, where he was instrumental in their recent $50m Series C funding round. Simon has grown companies from early stage to market leaders, has experi ....

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Roundup: DNA Script signs contract with French Department of Defence, Octopus Ventures announces new health tech team and more briefs

RACCOON.WORLD RAISES FUNDING FOR PHYSIOTHERAPY TELEMEDICINE
EU-based digital physiotherapy startup, Raccoon.World has raised €660K in funding from Fast Track to Innovation (FTI). The money will be spent on further R&D, scientific research and certification of the renewed product, as well as potential partners.
The startups platform, Raccoon.Recovery allows physiotherapy professionals to build a treatment course digitally with patients who have musculoskeletal disorders or are recovering from a stroke. The platform focuses on examination of patient condition to building a gamified exercise course and patient progress monitoring.
The funding will also go to further product development, including scaling to full-body product from hand-and-arm solution, clinical trials of new solution functionality that will expand the automation of therapists’ everyday routine, IP protection and an MDR certification of the renewed product as a medical device. The grant programme w ....

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22 venture capital firms you need to know about - Growth Business guide

On the face of it, Britain’s venture capital firms have never been more ready to invest in your start-up. British venture capital funds have £8.4bn ready for investment in fast-growth businesses, according to research. Indeed, British tech start-ups raised more than £4bn between January and June, despite the shutdown of the economy, according to the government.
This venture capital cash could provide crucial investment for innovative companies as the country emerges from the Covid-19 crisis.
However, the reality is that many venture capital investors are playing it cautious, wanting to invest in later, safer funding rounds for companies with proven revenue. Two fifths of start-ups believe they have less than 12 months’ worth of runway left before they run out of money. Over 1,000 of the UK’s high-growth tech start-ups have gone bust since lockdown began. Which is why follow-on funding rounds are crucial. ....

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