Inovus Medical raises £15m led by PXN Ventures

St Helens-based Inovus Medical has raised £15m, led by PXN Ventures. It builds surgical training simulators using hydrogel anatomy models and software that tracks trainee performance. Unorthodox Ventures, Mercia, Liverpool City Region Life Science Innovation Zone and others also invested. The money will go on US and international rollout plus new surgical specialties.