A company which uses unique technology to measure microbe
content in fluids has won major overseas orders for the sale of
cutting-edge equipment shortly after receiving significant
investment funding.
CellFacts Instruments Limited - established in 2001 - adopts a
novel way of identifying microbial growth in a number of sectors.
The machines they manufacture and supply have won orders from
Pfizer Nutrition through Innovative Biotech of Singapore.
CellFacts Instruments, based at the University of Warwick
Science Park, Coventry, manufactures and supplies precision
analysis systems which provide real time detection, enumeration and
physiological characterisation of microbial cells.
The company has recently received a £75,000 investment
from Midven's Early Advantage Fund, which is allowing it to
diversify into new markets. A further investment has been made by a
small number of high net worth individuals, resulting in a total
equity injection of at least £230,000. The company uses
unique, cutting-edge technology which can be utilised in a number
of markets including food and drink production, soluble oils,
biocide management and healthcare.
Crawford Dow, chief executive of CellFacts Instruments, said the
company had won orders for two machines from Pfizer Nutrition, as
well as an order for a further machine from Innovative
Biotech.
He said: "There is the further likelihood that Pfizer will
introduce this technology to other sites around the world. We see
this as an exciting and significant milestone in the continued
growth of the company."
Dr Dow said the technology could be used across a range of
sectors, and the investment funding received was helping them move
into new markets: "Certain food and beverages undergo regular
microbial testing and analysis. This becomes even more prevalent in
foods and drinks such as yoghurt, milk, fruit juices and beer in
which there are a number of naturally occurring micro organisms.
There needs to be stringent quality checks in terms of the type of
organism, number and status to ensure the safety of the consumer
and accurately predict shelf life. Almost any liquid but
especially those that contain water can harbour microbial growth,"
he said.
"Our analysis systems combine ease of use and reliability,
offering a range of scalable solutions with the key differentiators
being the speed of the technology, lower operating costs and the
accuracy of the results.
Andrew Waterfall ,chairman of CellFacts, said: "Midven's
backing, and that of the other investors, will give us the
opportunity to exploit new markets, allowing us to roll out to
sectors where the technology is able to achieve significant
commercial benefits that have not been available previously."
Midven's Early Advantage Fund provides investment for small
businesses across the West Midlands.
Duncan Kerr, investment director at Midven said: "This is an
exciting time for the company, and we're delighted to be helping
them move to the next stage in partnership with others. This
is an innovative company with high growth prospects and has some
loyal customers and an impressive pipeline of prospective
orders."
The Early Advantage fund can make an initial investment of up to
£125,000 if matched by private money, and can invest a
further £275,000 in later rounds.
The fund is open to high growth start up, early stage medium
sized enterprises.
For more information about Midven, please visit their website
here: www.midven.co.uk