UK - EV further supports Acal Energy and Medalytix
Enterprise Ventures (EV) has provided further funding to portfolio companies Acal Energy, a fuel cell business, and medical screening business Medalytix.
Acal has raised series B funding of £3.6m from a syndicate which included EV's RisingStars fund. The company is developing Fuel Cell systems, modules and consumable chemicals for a range of uses including stationary, residential and automotive applications requiring larger than 1 kW of power.
Medaltyix received £2m from EV, Hotspur Captial Partners and Corporacion Empresearial ONCE. The business provides fixed cost grading services to retinal screening programmes.
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