"Locate Bio Raises £9.2M for Clinical Study of LDGraft - Funds to Enhance Spinal Fusion Research"

Locate Bio's Funding for Clinical Study of LDGraft

Key Highlights:

• Funding Round: Locate Bio, an orthobiologics company, raised £9.2M in funding.
• Investors: The round was led by Mercia Ventures and BGF.
• Focus on Spinal Fusion: Funds will be used to enhance the clinical study of LDGraft, a bone graft substitute for spinal fusion.

Locate Bio's Target Market

• Orthopedic Surgeons and Specialists: Medical professionals specializing in orthopedic procedures, particularly spinal fusion.
• Hospitals and Surgical Centers: Facilities performing spinal fusion surgeries and in need of bone graft substitutes.
• Medical Device Distributors: Companies distributing orthobiologics and related medical devices to healthcare providers.

What Locate Bio Needs to Buy

• Clinical Research and Development Services: Collaborating with research organizations and clinical trial experts to advance the study of LDGraft.
• Manufacturing and Supply Chain Solutions: Partnering with manufacturers to produce and distribute LDGraft bone graft substitutes.
• Marketing and Sales Support: Engaging with marketing agencies and sales experts to promote LDGraft and reach target customers.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.