uFraction8 Secures New Funding to Accelerate Biotech Innovations
Deal News | Feb 24, 2025 | Scottish Enterprise
Scottish biotech engineering company uFraction8 has successfully raised £3.4 million following the completion of an investment round led by Foresight Group. This funding will be utilized to further innovate and potentially expand their advanced biotech solutions, particularly in the engineering and manufacturing sectors.
Sectors
- Biotechnology
- Investment and Finance
Geography
- United Kingdom – The investment and activities involve Scottish Enterprise and companies located in the United Kingdom.
Industry
- Biotechnology – The primary industry of uFraction8, focusing on the development and manufacturing of advanced biotech solutions.
- Investment and Finance – Relevant to the funding activities led by Foresight Group, involving investment and financial growth strategies.
Financials
- £3.4 million – The amount secured by uFraction8 in a new investment round led by Foresight Group.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| uFraction8 | Target Company | Company | A Scottish biotech engineering company receiving investment to enhance its operations. |
| Foresight Group | Lead Investor | Company | A private equity firm leading the funding round for uFraction8. |
| Scottish Enterprise | PE Firm | Company | A body involved in promoting economic development within Scotland, likely having a stake or showing interest in the investment process. |