Burges Salmon’s Corporate Finance team has advised oncology drug discovery accelerator, Cumulus Oncology Limited, on a significant investment fundraise of c. £4.1 million. The investment fundraise follows Cumulus Oncology’s inaugural investment fundraise of £1.7m, which Burge
Eos Advisory
St Andrews-based investment firm Eos Advisory's portfolio has reached a total valuation of £121 million based on latest investment rounds, and saw its first two exit events in 2021. In January 2021, Eos announced that it had led a £1.24m investment into RAB-Microfluidics, an Aberdeen-hea
RiboNucleic Acid (RNA) sequencing specialist Wobble Genomics has raised a £1.2 million investment round led by Eos Advisory. Wobble is a spin-out from the University of Edinburgh’s Roslin Institute, was founded by CEO Richard Kuo in April 2021, and has developed a range of hardware and s
St Andrews-based investment firm Eos Advisory is set for further growth in 2021 after a record year of activity in 2020. The firm’s focus is on impact investment in Scottish science, engineering and technology innovation while building co-investor partnerships and encouraging inward investment
Glasgow-based ClinSpec Diagnostics Limited (ClinSpec Dx) has reached its round two funding target of £3.5 million by securing an additional investment of £1.1m. The firm which develops liquid biopsies for early detection of cancer has secured the £1.1m investment from Norcliffe Cap
St Andrews-based investment firm Eos Advisory has entered into a strategic partnership with US-based Kineticos Life Sciences to co-invest in early stage Scottish life sciences companies. The venture partnership aims to invest over £10 million over the next five years in oncology-focused life s
Chris Brinsmead CBE, the former senior AstraZeneca executive and experienced non-executive director, has joined St Andrews-based investment firm Eos Advisory as a partner. Mr Brinsmead is a council member at Imperial College London, a former adviser to the UK Government on life sciences, has pr
Dundee-based sports video game developer Digital Sports Arena has secured a global publishing deal with international games group Playstack for its latest game, GameDayLive.
RAB-Microfluidics, an Aberdeen R&D company developing cutting-edge microfluidic technology that solves oil analysis problems, has secured a £1.24 million investment round led by Eos Advisory. The investment round, which also includes London-based Newable Ventures, Scottish Enterprise and e
St Andrews-based investment firm Eos Advisory has appointed Mark Beaumont to its leadership team to help deliver its strategic growth plans over the coming years. Mr Beaumont, an economics and politics graduate from the University of Glasgow, is best known for his world record-breaking cycles a
St Andrews-based investment firm Eos Advisory has backed Europe’s first oncology drug discovery accelerator, Cumulus Oncology, leading a £1.7 million investment round. The funding round was supported by the Scottish Investment Bank, the investment arm of Scottish Enterprise, Alba Equity,
Aberdeen-based gas flow management company GM Flow has secured a six-figure investment package from the Scottish Investment Bank (SIB), the investment arm of Scottish Enterprise, Alba Equity and Eos Advisory. The investment, which has been secured from SIB, Aberdeen-based Alba Equity and St And