PhysioMedics is poised to scale its commercial operations after securing growth capital from investors led by angel syndicate Archangels.
The investment follows the appointment last year of experienced CEO, Charles Sweeney, to lead the company through the next stage of its growth.
Edinburgh-based PhysioMedics secured equity and grant funding totalling £1.5 million from Archangels, Scottish Enterprise and Innovate UK to allow it to accelerate its commercial growth and product roadmap, including expanding into European and Indian markets.
The company’s PhysioWizard platform is the only clinically validated self-assessment tool for muscle and joint problems that patients can complete online, without requiring a clinician.
