Eventum Orthopaedics Raises £1.4M in Funding
Eventum Orthopaedics, an Ilkley, Yorkshire, UK-based medtech startup, secured £1.4m in funding.
The round was led by NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, Mercia’s EIS funds and private investors including several orthopaedic surgeons.
The company intends to use the funds to finalize development and bring the product to market in 2022.
Founded by John Naybour and Paul Atherton, who have been joined by Mike Cripps, the former MD of Leeds-based Panintelligence, as Non-Executive Director and Jon Gonzales as Finance Director, Eventum has developed a device that will provide real-time measurements of the area during knee replacement operations, enabling surgeons to improve their decision making.
Microwave boiler unveiled as potential replacement for the UK s gas boilers
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Microwave boiler unveiled as potential replacement for the UK s gas boilers
The race is on to replace the UK s gas boilers, which will begin being phased out from 2025
The new microwave boilers join heat pumps and hydrogen as potential solutions to decarbonise heat in the UK, responsible for around a seventh of the country s total CO2 emissions
First microwave-powered home boiler could help cut emissions theguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theguardian.com Daily Mail and Mail on Sunday newspapers.
A British energy technology firm is developing the world s first microwave-powered boiler, which could replace standard gas boilers from 2022.
Heat Wayv, from the firm of the same name, uses microwaves, just like a microwave oven, to heat up water – providing a home with central heating and hot water.
The futuristic-looking boiler is also internet-connected, controllable on a smartphone app, runs almost silently and is virtually maintenance free .
It can be installed in a day in the same location as current gas boilers, works with existing home radiators and produces zero greenhouse gas emissions, which will help reach the UK s net zero emissions target by 2050.
Microwave boiler launches as retrofittable alternative to heat pumps and gas hvnplus.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hvnplus.co.uk Daily Mail and Mail on Sunday newspapers.