Amadeus leads series-A for Inotec
Technology-focused VC Amadeus Capital Partners has led a series-A funding round for Cambridge-headquartered medical devices maker Inotec AMD.
The investment will help Inotec run large-scale clinical trials outside of its UK base and expand the application of its main product line.
Inotec has been backed by Cambridge Capital Group and Cambridge University's Enterprise Fund since 2007, but neither investor joined Amadeus in the latest capital injection.
Company
Based in Cambridge, Inotec manufactures devices designed to treat chronic, hypoxic wounds.
Its main line of products is the Natrox series, which applies humidified oxygen at higher-than-atmospheric pressures to wounds, in order to prevent hypoxia.
People
Amadeus Capital Partners – Pierre Socha (investment manager).
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