Closed Loop Medicine Raises £2.1M Pre-Series A

GJE client Closed Loop Medicine raised £2.1M in venture capital funding. The raise for the Cambridge-based health tech start-up was from Longwall Ventures Partners amongst other investment groups.

Closed Loop Medicine is a start-up that helps doctors and healthcare providers deliver personalised treatment regimens by combining proven drug treatments with digital therapeutics. The funding will support the development of a drug and digital approach to treat and manage major health conditions, like sleep disturbance and hypertension as well as help the company to set up a London-based office.

Led by Fiona Stevens and Peter Finnie, GJE have advised the company in developing a commercially-focussed IP strategy to support fund raising and the longer term value of the company.

GJE has a dedicated investor group, focused on understanding the needs of today’s investors and developing services to meet those needs. See here for more information. Fiona Stevens has taken part in developing the firm’s unique IP services, ConsultIP. Included within the ConsultIP products is the Due Diligence Audit to support investors. It assesses the IP owned by a target company to ensure it covers their innovation, and evaluates the execution of its business plan, to minimise IP-risk and maximise return on investment.