Prorizon: Manchester Startup Secures Innovate UK Funding
Deal News | Feb 27, 2025 | Business Cloud
Manchester-based health and sports tech startup Prorizon has secured £400,000 in pre-seed funding. The round was led by GC Angels, with support from an Innovate UK partnership award including the Department for Digital, Culture, Media, and Sport, alongside other angel investors. The funds will be used to enhance Prorizon's platform with AI technology aimed at aiding individuals in managing mental and physical stress, especially in high-pressure environments. The startup plans to expand into the professional sports sector and the US college sports market, aiming to generate £200,000 in revenue by 2025. Prorizon emphasizes a holistic approach to health, focusing on personalized and preventative interventions. GC Angels expressed confidence in Prorizon's capacity to make significant industry impacts.
Sectors
- HealthTech
- SportTech
- Investment
Geography
- United Kingdom – Prorizon is based in Manchester, UK, and received funding from UK-based GC Angels and Innovate UK.
- United States – Prorizon is aiming for growth in the US college sports market, highlighting its geographical interest and expansion plans.
Industry
- HealthTech – The article discusses Prorizon's health-focused platform designed to manage mental and physical stress, aligning with HealthTech innovations.
- SportTech – Prorizon targets the sports industry, specifically professional sports and college sports markets, positioning their tech to optimize athletic performance.
- Investment – The article covers a pre-seed funding round involving GC Angels and Innovate UK, making it relevant to the investment sector.
Financials
- 400000 – The amount of pre-seed funding raised by Prorizon.
- 200000 – The expected revenue by the end of 2025 from Prorizon's expansion strategies.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Prorizon | Target | Company | A Manchester-based health and sports tech startup focusing on managing mental and physical stress through AI-enhanced platforms. |
| GC Angels | Investor | Company | Investment firm leading the pre-seed funding round for Prorizon. |
| Innovate UK | Investor | Government | Government body providing partnership awards as part of Prorizon's funding. |
| Department for Digital, Culture, Media, and Sport (DCMS) | Investor | Government | UK government department involved in the Innovate UK partnership that facilitated Prorizon's funding. |
| Joly Fengyang Zou | CEO | Person | Co-founder and CEO of Prorizon, leading the company's strategic vision and platform development. |
| Ranvir Singh | Investment Manager | Person | Investment manager at GC Angels who supported the investment in Prorizon. |