adsilico Limited

It was a game of two halves, before the actual game of two halves ⚽   Yesterday Northern Gritstone held its third annual AGM & Investor Day at The University of Sheffield.   Our keynote speakers focused on growth, capital to support growth, and the importance of research and innovation from our universities   “Private capital is an engine for growth and a force for good across all parts of the country. Getting the capital matters” Thank you Michael Moore, Chief Executive of the British Private Equity & Venture Capital Association (BVCA) for highlighting the importance of growth for all regions in the UK and that we have the ingredients to galvanise growth -  the universities, the entrepreneurial mindset and the pension fund capital.   Louis Taylor, CEO of the British Business Bank, highlighted the Bank’s values and strategy, including growth for smaller businesses in deprived areas of the UK.    The second half saw the CEOs of six early-stage science and technology companies highlight how their companies can improve our lives – whether our health outcomes or the security of our data. Thank you to:     Amanda Smith from Pencil Biosciences Limited a biotech company developing an innovative non-CRISPR gene modulation platform technology that can edit the DNA in any cell   Sheena Macpherson from adsilico Limited a computational medicine company aiming to define, disrupt and dominate the in-silico trials industry through its end-to-end platform  David Rajan from Opteran, which has developed natural intelligence software to enable robots and autonomous vehicles to move around like nature (insects for example)   Nick New from Optalysys which is creating a unique technology that can process data whilst still encrypted James Trenholme from Cavero Quantum which has developed secure quantum-safe software-based cryptographic keys Andrew Almond from Imperagen which is reimagining every step of the enzyme engineering process to develop the world’s fastest and most scalable enzyme-engineering platform   Thank you Sheffield 💛 Our venue for 2025 is Manchester 💜 See you then.  Photography by Laure Divisia-Astill

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Thank you Mattia Scalabrin (PhD), Andy Naylor and Kate Spencer for including adsilico Limited's CEO, Sheena Macpherson, in the session today. It was great to have the opportunity to share our spin-out experience with the next round of University of Leeds innovators.

Thank you Anusha Foy for including adsilico Limited co-founders Prof Alejandro Frangi FREng and Sheena Macpherson in the 2024 KPMG Global Life Science next week along with Michael Kipping. This live event will be on the 12th - 13th March 2024 and you can register to join here: https://lnkd.in/e98KxR75

This week team adsilico Limited have been celebrating the closure of our £3.5m seed round with our investment partners Northern Gritstone and Parkwalk Advisors. This milestone would not have been possible without a massive amount of help from the wider team behind the scenes. We want to take this opportunity to say a big THANK YOU to the wider team for all their hard work and to let them all know how much we value their contributions. #teamworkmakesthedreamwork Mishcon de Reya LLP - Attilio Leccisotti, Okachi Kejeh, Hugh Tebay, John Hadfield and Daniel Gray: https://lnkd.in/ewBthDTq Freeths - Dahren Naidoo and Farrell Tang Northern Gritstone - Kate Spencer Parkwalk Advisors - Amy Virdee and Harriet Doherty The Intellectual Property Works - Stephen Carter Potter Clarkson - Jason Teng HGF Limited - Jeff Clarke Lunah Support Limited - Debby Fitzgerald We are especially grateful for the on going support from Alan Foreman, Beckie Bown, Kattia Lisette Hoz de Vila Eduardo and Alejandro Daniel Lebrero. #teamwin

Funding round announcement 🚨 Delighted to announce our investment into adsilico Limited, as part of a £3.5m funding round, as seen in The Times article this morning. A co-investment between Parkwalk Advisors and Northern Gritstone 👏 adsilico Limited, a spin-out from the University of Leeds with co-founders from The University of Manchester and Leeds, is developing an end-to-end in-silico trials solution based on virtual ‘synthetic’ patient populations that will: 🩺 Provide better and safer medical devices earlier to patients. 🩺 Reduce costs and accelerate R&D timescales for medical device developers. 🩺 Contribute to animal welfare by reducing animal experimentation. 🩺 Reduce, refine, and partially replace costly and potentially harmful human trials. This investment will fund essential development to redefine medical product innovation and regulatory evidence generation whilst building the team. Moray Wright, CEO of Parkwalk Advisors said: “We are proud to be backing adsilico through this seed funding round. adsilico’s pioneering approach to in-silico trials has potential to significantly accelerate the pace of innovation in medical device development. It’s fantastic to see this university spin-out take another step forward on its vision to bring safer and more efficient medical devices”. Find out more about our latest investment via The Times here: https://lnkd.in/eARGzhtr [paywall] #InvestinginInnovation #EIS #FundingRound

AI medical testing spinout adsilico Limited raises £3.5m. 🔬 Founded in 2022 based on research from the West Yorkshire university, Adsilico has developed a method for trialling new devices before entering human clinical tests that the company claims reduces costs, accelerates R&D timelines and eliminates the need for animal testing. Called in-silico trials (ISTs), Adsilico uses modelling and simulation to produce performance results. The spinout has developed an IST technique that combines multiple data sources and, using generative AI, creates synthetic populations tailored to the scale required by clinics. #spinout #scale #ai #clinicaltests #medtech #investment #funding #UKtech

Team adsilico Limited, a spinout from University of Leeds, are pleased to announce that we have successfully secured £3.5m of Seed investment from Northern Gritstone and Parkwalk Advisors. We would like to thank everyone who has helped and supported the founders (Prof Alejandro Frangi FREng, Nishant Ravikumar, Zeike Taylor and Sheena Macpherson) to reach this important milestone. We are especially grateful to the University of Leeds's commercialisation team (Andy Duley, Nadia Gopichandran, Arshad Mairaj, Isabel Dodd, Luke Watson and Stephen Griffiths), the Royal Academy of Engineering (Michael Brady & Keir Bonnar) and our advisory board (Tim Denison, Ph.D., John Wilkinson, James Pink, Michael Kipping and Tim Dempsey) for their valuable contributions and guidance throughout this process. We are looking forward to working with our fantastic investment partners (Mark Wyatt, Cassie Doherty and Alison Maughan) and would like to thank them again for selecting adsilico Limited for this £3.5m investment.