Adaptix secures £3m equity funding

Adaptix had today announced that it has secured a further £3m in equity funding to bring to market its addressable Flat Panel X-ray Source (‘FPS’). To date, Adaptix has attracted £8m of equity and non-dilutive investment.

Downing Ventures Enterprise Investment Scheme (DVEIS), a fund launched in September 2014 to focus on innovative and dynamic technology companies once again increased its stake in Adaptix. DVEIS has a portfolio of 32 companies that offer solutions in industries like e-commerce, education technology, life sciences and health technology.

Schneider Investment Associates LLP also extended their existing investment, with Scottish Enterprise and Par Equity making their first investments in this round.

Mark Evans, CEO said: "Adaptix is transforming radiology by bringing to market an addressable Flat Panel X-ray Source (‘FPS’). Our patent-protected technology enables fast movement-free 3D imaging at a significantly lower dose than CT. Our Research and Development has been funded further to allow cutting-edge British technology to be offered globally to Original Equipment Manufacturers and System Integrators."

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