Nanotether Discovery Services is a Cardiff, UK–based pharmaceutical research technology company that develops high-throughput quantitative binding assays for the protein interaction market. Its technology is based on inventions by Professors Trevor Dale, Adrian Harwood and Paola Borri from the Cardiff University School of Biosciences. The company has raised up to £2.2m in funding to be made available in three tranches, with an initial £850k due immediately. The round was led by Andrew Black and included participation from Fusion IP, which holds a 21% shareholding. Nanotether intends to use the funds for technology development over the next 27 months.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2012