# Med tech innovators given the chance to raise funding to save lives
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2017-02-24
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Innovative UK Healthcare Start-Ups Showcase in London
Meta Description: Join us at the Wellcome Collection on March 2 from 1-5pm to witness UK's top medical tech start-ups pitch their life-saving innovations to investors.
URL: https://financedigest.com/med-tech-innovators-given-the-chance-to-raise-funding-to-save-liveshtml

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**What:** The chance to meet and interview 16 UK healthcare/medical [technology](https://www.financedigest.com/kelda-technology-pushes-ahead-with-global-growth-plans-afternew-appointment.html) start-ups as they showcase and pitch to investors

**Where:** Wellcome Collection, 183 Euston Road, London, NW1 2BE

**When:** March 2 from 1-5pm

[Healthcare innovators](https://www.financedigest.com/crispy-innovation-to-drive-the-nano-healthcare-technology-for-medical-equipment-market.html "Crispy Innovation To Drive The Nano Healthcare Technology For Medical Equipment Market") have the power to improve and save lives by developing products such as prosthetic limbs and wearables for conditions such as respiratory attacks and hip fractures.

Taking these innovations to the next level by [securing funding](https://www.financedigest.com/adnami-secures-series-a-funding-from-qntm-group.html "Adnami secures series A funding from QNTM Group") is a fundamental requirement for success. This is the aim of Wessex Academic Health Science Network (AHSN) and SETsquared, who have joined forces along with the AHSNs from across the south coast, to help entrepreneurs [change lives](https://www.financedigest.com/how-technology-has-changed-our-lives.html "How Technology has Changed Our Lives") for the better by putting on a showcase event.

The merging of the pioneering medical and [tech industries has created a wealth](https://www.financedigest.com/wealth-tech-is-changing-how-we-invest.html "Wealth Tech is Changing How We Invest") of opportunities, which is something the inaugural Med Tech InvestmentShowcase in London will explore next month.

16 entrepreneurs will be giventhe platform to realise their ambitionsby exhibiting and pitching for significant investment to [develop their innovative ideas and push them out to a wider market](https://www.financedigest.com/luggage-market-development-innovation-opportunities-and-growth.html "Luggage Market Development, Innovation, Opportunities And Growth").

The ingenuity of these [innovators means there is now a range of products](https://www.financedigest.com/innovation-at-periodic-intervals-to-upscale-the-eye-health-products-market.html "Innovation at periodic intervals to upscale the Eye Health Products Market") and designs that will positively impact on an individual’s quality of life – and in some cases could even save them.

Some of the businesses attending include:

- Open Bionics – which turns children with limb differences into **bionic superheroes**
- Fourth State Medicine – which has created a **wrinkle-busting plasma pen** which can also be used to treat ulcers, burns, bed sores and military wounds
- Jupiter Diagnostics – which has developed a method for **faster and cheaper** [blood testing](https://www.financedigest.com/feasibility-of-interoperability-to-drive-the-blood-testing-market.html "Feasibility of interoperability to drive the Blood Testing Market"), using a low-cost handheld reader and delivering results in ten minutes
- Propagator Ltd – which is developing a suite of [digital products](https://www.financedigest.com/the-wound-cleanser-products-market-to-climb-up-the-ladder-based-on-digitization.html "The Wound Cleanser Products Market to climb up the ladder based on digitization") to **improve the lives of the 15m patients** in the UK with long-term conditions and save costs for healthcare providers

Businesses will pitch to 100angel, venture capitalist and corporate [investors](https://www.financedigest.com/the-rising-power-of-retail-investors-how-individual-traders-are-shaping-the-stock-market.html) at the showcase led by Wessex AHSN, with [global leading](https://www.financedigest.com/surgical-imaging-market-2021-global-leading-companies-analysis-revenue-trends-and-forecasts-2027.html "Surgical Imaging Market 2021 Global Leading Companies Analysis, Revenue, Trends and Forecasts 2027") university incubator SETsquared. Nicola Blackwood MP, Parliamentary Under Secretary of State for Health Services will be attending the event

Simon Bond, innovation director at SETsquared, said: “The [advancements made in medical technology in recent](https://www.financedigest.com/recent-technological-advancements-to-propel-growth-of-the-sesame-oil-market-in-foreseeable-future.html "Recent Technological Advancements to Propel Growth of the Sesame Oil Market in Foreseeable Future") times and the impact this has on saving and improving lives has been incredible.

“There are so many worthy inventions that can help people but developing a [product and getting it out to a wider market](https://www.financedigest.com/global-liquid-breakfast-products-market-to-reach-us-185-bn-by-2027.html "Global Liquid Breakfast Products Market to reach US$ 185 Bn by 2027") is not easy, which is why the Med Tech event will be so useful to businesses ranging from early stage start-ups to mature organisations.

“This showcase event will provide the best of the south’s health and life science [businesses with the opportunity to pitch to specialist technology investors](https://www.financedigest.com/thoracic-drainage-devices-market-rising-new-business-opportunities-for-investors.html "Thoracic Drainage Devices Market Rising New Business Opportunities for Investors") who regularly invest from £50,000 to £5m. There will also be the opportunity to speak the investors, who will provide much needed feedback.”

Investors will be specifically looking for products and services that can [save the NHS money](https://www.financedigest.com/the-top-strategies-for-saving-money-on-energy-costs.html "The Top Strategies for Saving Money on Energy Costs") while also offeringa broad commercial appeal – with excellent prospects to make a financial return.

The showcase will also be supported byAHSNs fromtheWest of England, Kent, Surrey, Sussex and the South West.

Frank Ratcliff, senior project manager – wealth and enterprise at Wessex AHSN, said: “This showcase will [see some amazing innovative](https://www.financedigest.com/the-next-upcoming-years-to-see-the-aesthetic-lasers-and-energy-devices-market-get-through-the-best-of-both-innovation-and-inquisition.html "The Next Upcoming Years To See The Aesthetic Lasers And Energy Devices Market Get Through The Best Of Both – Innovation And Inquisition") businesses come together which can make a massive difference to people’s lives, and save the NHS money.

“This will give [innovators the platform to take their idea to the next](https://www.financedigest.com/the-next-decade-to-see-the-humanized-liver-mice-model-market-detonate-innovation.html "The Next Decade To See The Humanized Liver Mice Model Market Detonate Innovation") level by offering them the chance to pitch to a range of investors, including commercial technology experts, large technology corporates and senior government officials.”


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