IQ Endoscopes secures GBP 5.2m investment from BGF and the Development Bank Wales

IQ Endoscopes Ltd, the UK based medtech startup developing a single-use endoscope device, has raised GBP 5.2m in an equity funding round led by BGF Group Plc, the UK based venture capital and private equity firm, with participation from the Development Bank of Wales (formerly known as Finance Wales), the UK based SME investment company, and a consortium of investors.

Target – I.q. Endoscopes LTD

Buyer – Bgf Group PLC

Buyer – Development Bank Of Wales Public Limited company

Buyer – Other Undisclosed investors

Seller – Shareholders

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