Flomark: Royal College of Art Spinout Secures £300k for IV Drip Innovation
Deal News | Jun 12, 2025 | Business Cloud
Chesham-based startup Flomark Ltd has successfully raised £300,000 in funding to advance its mission of improving patient safety with its innovative IV drip solutions. The Royal College of Art spinout received £150,000 each from the British Design Fund and the Imperial College Enterprise Fund. The funds will accelerate the development and market introduction of Flomark's technology, which offers precise monitoring of infusion flow rates and urine output, addressing significant gaps in fluid balance management in healthcare. The initiative is led by co-founder Jonathan West, who identified the need for more accurate fluid monitoring from his experience as a design researcher in healthcare settings. Damon Bonser, CEO of the British Design Fund, expressed his support for Flomark's mission, emphasizing the importance of innovative design in enhancing patient care. Flomark's first product is scheduled for launch later this year.
Sectors
- MedTech
- Healthcare
- Investment
Geography
- United Kingdom – Flomark is based in Chesham, UK, and the funding involves UK-based investors such as the British Design Fund and the Imperial College Enterprise Fund.
Industry
- MedTech – The article focuses on Flomark, a company developing medical technology aimed at making IV drips safer and more effective, which falls under the MedTech industry.
- Healthcare – Flomark's innovations are intended for use in healthcare settings, specifically targeting improvements in patient care and fluid management, making the healthcare sector relevant.
- Investment – The article discusses a funding round involving financial investments from entities supporting innovative technological initiatives, thus relating to the investment sector.
Financials
- £300,000 – Total funding amount raised by Flomark Ltd for the development and launch of their IV drip safety solutions.
- £150,000 – Investment amount contributed by the British Design Fund as part of the funding round.
- £150,000 – Investment amount contributed by the Imperial College Enterprise Fund as part of the funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Flomark Ltd | Target Company | Company | A MedTech startup focused on improving the safety and accuracy of IV drips in healthcare settings. |
| British Design Fund (BDF) | Investor | Company | A fund that supports design-led businesses through investment and advisory to help them scale. |
| Imperial College Enterprise Fund (ICEF) | Investor | Company | A fund associated with Imperial College, investing in startup companies to foster innovation and commercialization. |
| Jonathan West | Co-founder | Person | Co-founder of Flomark, with a background in design research in healthcare. |
| Damon Bonser | CEO | Person | CEO of the British Design Fund, supportive of Flomark's innovative efforts in the healthcare sector. |