Northern Gritstone Backs Manchester University Spinout PhovIR in £4m Investment

Northern Gritstone backs Manchester University spinout PhovIR in £4m investment

The company is planning to bring its first commercial product to market and grow its team

Manchester spinout secures £4m and Northern Gritstone backing

A University of Manchester spinout developing optical sensor technology has raised £4m in seed funding to launch its first product and expand its team.  PhovIR, which was founded by Dr Tim Echtermeyer and is based at the university’s Graphene Engineering Innovation Centre (GEIC), has created a portable sensor that uses near infra-red (NIR) light to identify the unique ‘optical fingerprint’ of solids, liquids and gases. The technology captures a …

University of Manchester spin-out with tech to combat drink spiking secures £4m investment

The company's innovation has the the potential to be incorporated into a smart watch or phone

Northern Gritstone leads £4 million seed round investment in pioneering University of Manchester spinout

Northern Gritstone, the groundbreaking life sciences and deeptech investment firm chaired by Lord Jim O’Neill, has announced a combined £4 million seed round investment into the optical sensor startup PhovIR. Northern Gritstone is co-leading the investment alongside deeptech specialist SCVC.The company is a spinout from the University of Manchester, founded by Dr Tim Echermeyer, based at the Graphene Engineering Innovation Centre (GEIC), and joi…