Medtech firm 'set to scale' after £1.2 million backing

A medical technology firm says it is feeling fit for growth after securing £1.2 million support.

ClotProtect has been backed by Innovate UK and Lifted Ventures Angel Network investment.

The Leeds-based operator says the cash will provide a “platform to scale faster and bring technology to more patients… by progressing regulatory and clinical pathways”.

Co-founded by Professor Helen Philippou, Dr Richard Foster and Ned Wakeman, the University of Leeds spin-out company is known for treatment focused on reducing blood clot risks.

The firm was supported by Lifted Ventures’ Elevate Her accelerator programme, backed by Leeds City Council, with bosses receiving ongoing mentorship from Lifted Ventures’ co-founder Jordan Dargue.

Professor Philippou said: “Taking part in the Elevate Her accelerator was a turning point.

“The support, mentorship and belief from the Lifted team, particularly from Jordan, has been instrumental in helping us secure Innovate UK funding and close this £1.2 million round.”

Jordan added: “Helen is an exceptional founder tackling a critical healthcare challenge.

“Supporting her through Elevate Her – and continuing to mentor her as she built momentum towards a £1.2 million round – is exactly what Lifted Ventures is about.”

Lifted Ventures is supported by British Business Bank.

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