3 years ago
QV Bioelectronics Raises £2 Million to Advance Brain Tumor Treatment Technology
QV Bioelectronics, a medtech company based in Cheshire, has raised £2 million in a pre-Series A funding round
The company is developing GRACE, an implanted medical device that uses electric field therapy to treat brain tumors
The funding will be used to expand pre-clinical studies and determine the device's safety
The round was led by Fink Family Office and Science Angel Syndicate, with participation from Northern Gritstone, Elbow Beach Capital, SOSV, and Catapult Ventures.
ProblemHealthcare
"making brain tumour treatment more effective"
Solution
"GRACE, an implanted medical device that uses electric field therapy to exclusively target dividing cancer cells within the brain, avoiding healthy cells"