SiSU Health Secures £1.25m Investment for Expansion
Deal News | Apr 14, 2025 | Irwin Mitchell
SiSU Health, a Manchester-based health tech platform, successfully secured a £1.25 million fundraising round, advised by Irwin Mitchell’s Corporate team. The company, led by CEO Samantha Fay, aims to leverage the funds to expand its team and accelerate the reach of its technologies aimed at health prevention and intervention services across the UK and Europe. This funding will facilitate infrastructure enhancement, including the sourcing of a larger premises in collaboration with the Department of Business & Trade. Major investment contributors include the GMC Life Sciences Fund by Praetura, along with NPIF II Praetura Equity Finance. These funds are managed by Praetura and supported by entities such as Bruntwood SciTech, Greater Manchester Combined Authority, and Enterprise Cheshire and Warrington.
Sectors
- Health Technology
- Corporate Finance & Advisory
- Investment Management
Geography
- United Kingdom – SiSU Health is a UK-based company and the fundraising will primarily support its expansion efforts within the UK.
- Europe – SiSU Health also aims for technological reach and expansion across Europe with the newly secured funds.
Industry
- Health Technology – SiSU Health falls under the health technology sector, focusing on digital platforms that provide health and preventive care services.
- Corporate Finance & Advisory – Irwin Mitchell's role as an advisor in the fundraising transaction highlights the corporate finance and advisory industry.
- Investment Management – The involvement of Praetura and associated funds reflects the investment management sector's role in supporting health tech growth.
Financials
- £1.25 million – Total funding secured by SiSU Health to expand operations in the UK and Europe.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SiSU Health | Target Company | Company | A Manchester-based health tech platform focused on preventive health and early intervention. |
| Irwin Mitchell | Corporate Advisor | Company | A law firm providing corporate finance and advisory services to SiSU Health for the fundraising. |
| Praetura | Investor | Company | An investment management firm managing the GMC Life Sciences Fund and NPIF II Praetura Equity Finance. |
| GMC Life Sciences Fund By Praetura | Investor | Company | A collaborative investment fund supporting SiSU Health, managed by Praetura. |
| NPIF II Praetura Equity Finance | Investor | Company | Part of the Northern Powerhouse Investment Fund II managed by Praetura, contributing to SiSU's investment. |
| Bruntwood SciTech, Greater Manchester Combined Authority, and Enterprise Cheshire and Warrington | Partners | Companies | Entities associated with the GMC Life Sciences Fund providing regional support. |
| Samantha Fay | CEO of SiSU Health | Person | CEO leading SiSU Health in its fundraising and expansion strategies. |
| Adam Kaucher | Corporate Partner at Irwin Mitchell | Person | Advised SiSU Health during the fundraising process. |
| Kieran Shields | Corporate Advisor at Irwin Mitchell | Person | Supported SiSU Health during the fundraising process. |
| Sim Singh-Landa | Head of GMC Life Sciences Fund By Praetura | Person | Commented on the strategic role of Praetura's investment in SiSU Health. |