HealthTech firm Drayson Technologies closes £10m Series C

Jul 10, 2017 · http://techcitynews.com/

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Drayson Technologies has closed a £10m Series C round led by Woodford Investment Management.

The HealthTech firm also struck a licensing deal which will see the NHS gain £5m worth of equity as part of the round.

The University of Oxford and Oxford University Hospitals NHS Foundation Trust will now work together with Drayson Technologies as part of the five-year strategic research agreement (SRA).

Peter Knight, chief information and digital officer at Oxford University Hospitals NHS Foundation Trust, commented on the agreement: "I am delighted that the Trust and the University of Oxford, working in partnership, have reached this agreement with Drayson Technologies.

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