A new $25M fund aims to give UK mental health startups a shot in the arm

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They will also get access to patient focus groups, experts, clinicians, and academics, thanks to the partnership with the South London and Maudsley NHS Foundation Trust.

Startups that attain investment will receive support for developing clinical and academic trials, accessing patient and service data, and testing their product in a live environment.

Wellcome, a charitable foundation, is supporting the fund as its anchor investor, committing £8 million ($10.2 million).

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Article Details

Author / Journalist: Mike Butcher

Category: Technology

Markets: United States

Topics: Venture Health Mental health Medtech

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 11:05:15 (10 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 735 words

Reading Time: 5 minutes read

Sentences: 27 lines

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Copyright Owner: © TechCrunch

News ID: 24374541

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