Spotlight Pathology Gets EHE Backing for Faster Cancer Diagnosis

Deal News | Apr 29, 2025 | Business Cloud

Spotlight Pathology Gets EHE Backing for Faster Cancer Diagnosis

Spotlight Pathology, a Manchester-based MedTech company, has secured £425,000 in an investment round led by EHE Ventures. The funding aims to bolster the development of an AI-powered pathology platform designed to expedite and improve the accuracy of blood cancer diagnoses. The current funding is a component of a broader £1.1 million investment target, which is anticipated to conclude in the coming months. This larger financing includes a significant commitment from EHE Ventures' AI Growth Fund, alongside contributions from DeepBridge Capital and Lyva Labs. Spotlight Pathology is working on solutions for faster diagnosis of lymphoma and leukaemia through AI-driven technology. Its platform leverages advanced computer vision models, trained on UK hospital datasets, to streamline the diagnostic process for lymph node and bone marrow biopsies. The funding will facilitate the completion of their AI platform, secure regulatory approvals, and enable pilot program launches in the UK, Europe, and the US. EHE Ventures, known for supporting mission-driven, AI-utilizing startups, will provide more than capital by offering guidance through their Venture Studio to aid in scaling and market preparation. Dr. Sam Perona, CEO of Spotlight Pathology, emphasizes the urgency in improving diagnostic workflows due to a critical pathologist shortage, highlighting the potential impact on patient treatment timelines.

Sectors

  • MedTech
  • Artificial Intelligence
  • Venture Capital

Geography

  • United Kingdom – Spotlight Pathology is based in Manchester, and the funding involves UK-based investment firms, with plans for pilot programs in the UK.
  • Europe – Mention of launching pilot programs across Europe as part of the rollout of Spotlight Pathology's diagnostic platform.
  • United States – The strategic plan includes launching pilot programs in the US, highlighting the international scope of Spotlight Pathology's market expansion.

Industry

  • MedTech – The article revolves around a MedTech company, Spotlight Pathology, developing AI-powered pathology tools for the healthcare sector.
  • Artificial Intelligence – Involvement of AI technologies that Spotlight Pathology employs to enhance the accuracy and speed of blood cancer diagnostics.
  • Venture Capital – The funding led by EHE Ventures signifies venture capital involvement, supporting the growth and development of innovative technology startups.

Financials

  • £425,000 – The amount raised by Spotlight Pathology in the current investment round led by EHE Ventures.
  • £1.1 million – The total amount expected from the ongoing funding round that involves EHE Ventures' AI Growth Fund, DeepBridge Capital, and Lyva Labs.

Participants

NameRoleTypeDescription
Spotlight PathologyTarget CompanyCompanyA Manchester-based MedTech company developing AI tools to improve blood cancer diagnostic workflows.
EHE VenturesLead InvestorCompanyA venture capital firm leading the funding round, supporting AI-driven innovations in the healthcare sector.
DeepBridge CapitalInvestorCompanyA participant in the funding round providing financial support for Spotlight Pathology’s technological advancements.
Lyva LabsInvestorCompanyA participant in the funding, contributing to the development and market reach of Spotlight Pathology's AI platform.
Dr. Sam PeronaCEO of Target CompanyPersonCEO of Spotlight Pathology, driving the company’s vision and development of AI solutions for blood cancer diagnosis.
Neil VoseCEO of EHE Venture StudioPersonCEO involved in providing strategic guidance and resources through EHE Ventures to foster Spotlight Pathology's growth.