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