Pneumowave Breathes Easier In Its Fight Against Opioid Deaths After Completing £7.5m Raise

The Glasgow-based company has completed a large series A round to further develop its technology, which can be used to help save patients’ lives in the event of opioid overdose. Medtech Insight spoke to the Scottish National Investment Bank, one of the main investors, about the deal and its altruistic view of investment.  

Pneumowave, developers of technology to monitor patients for respiratory distress, has completed a fundraise.

The series A round, worth £7.5m ($9.3m), is comprised of a £5.2m equity investment from the Scottish National Investment Bank (“The Bank”), with the remaining £2.3m coming from pre-existing investors,...

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