ProKyma Technologies is a spin-out company from the Defence Science and Technology Laboratory (Dstl).
Ploughshare Innovations, Dstl’s technology transfer company, was responsible for ProKyma’s formation in 2006 following a market evaluation supported by the Central Science Laboratory (CSL) and the Veterinary Laboratories Agency (VLA). Along with management these were the founding shareholders.
Following a seed funding round from the Rainbow Seed Fund, the company demonstrated the feasibility for the development of a product for blood compatibility testing.
Since December 07, the company has been supported by a syndicate led by the Merseyside Special Investment Fund’s Liverpool Seed Fund. The National Endowment for Science, Technology and the Arts (NESTA), Rainbow Seed Fund and ProKyma management also participated in the round.
The company will be looking for a further investment later in 2010 to take the business into commercialisation and profitability. If you would like further information, please contact us .