Linköping University has a long tradition of sensor development. The research group behind ArgusEye has developed a sensor using fiber optics and so-called surface plasmon resonance, which can significantly increase efficiency in pharmaceutical production. Many pharmaceuticals are very expensive to manufacture, and their production process is difficult to control. Real-time measurement enables better process control and waste reduction.
LiU Invest collaborates with life science investor Eir Ventures on early-stage co-investments. There is also an established collaboration with Almi.
“The combination of Eir Ventures, Almi, and LiU Invest provides the company with the right conditions for both this phase and the next,” says Jonas Nilsson, Investment Manager, LiU Invest. “In addition, several business angels with industry expertise are joining the company, further enhancing its prospects.”