Scottish Tech Firm Novosound Backed with £3.3m Funding

Foresight, the private equity group brought in by the Scottish government to rescue its flagship £500m business growth scheme, is set to invest £2m into Glasgow-based ultrasound tech start-up Novosound.

Par Equity portfolio company Novosound, which was spun out of the University of West of Scotland, will receive £1.5m from Foresight Williams Technology EIS fund and £500,000 from the Scottish growth scheme.

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