University of the West of Scotland's first spinout will deliver ultrasound sensors with the help of a seed round featuring the devolved government-owned Scottish Investment Bank.
Novosound, a UK-based ultrasound sensor developer and the first spinout of University of the West of Scotland, has secured £1.5m ($2m) in a seed round led by venture capital firm Par Equity.
The round featured Scottish Investment Bank, a subsidiary of government-owned economic development agency Scottish Enterprise, as well as VC firm Gabriel Venture Partners, Kelvin Capital, EOS Technology Investing Syndicate and Investing Women.
Novosound develops ultrasound sensors for purposes such as inspecting industrial infrastructure, conducting medical scans and powering…
