Medcotec Raises Over £2.4M in Funding

Medcotec, a UK-based provider of single-use powder transfer valve technology, raised over £2.4M in funding from backers including NPIF II, LYVA Labs, and the Liverpool City Region Seed Fund. The company plans to use the capital to enhance trials, build its team, and commercialize its technology designed to improve safety and reduce costs for pharmaceutical and industrial manufacturers.