Octopus Ventures in £1.5m round for Metrasens

Metrasens is a business that specialises in metal detection products for the healthcare and security markets. The new funds will be used to further develop its Ferroguard MRI detection system, which is being used to reduce the likelihood of injuries caused by projectiles in MRI units in both the US and Europe.

The funds were provided by the Octopus Titan VCT 1, Titan VCT 2 and Titan VCT 3 Funds together with the Octopus Eureka EIS Portfolio Service and the Octopus Investor Group.

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• Topics
• Expansion
• UK / Ireland
• Technology
• Octopus Ventures