LBA Angel Syndicate closes £250k seed round into Orbel Health Limited

8 September 2011

Early stage London based Healthcare company Orbel Health Limited has closed its £250k round with the entire investment raised from an LBA syndicate which included sector specialists. The company has developed a unique patented hand disinfector dispenser to tackle all the problems associated with hand hygiene. The seed funding will allow the company to further develop and trial its product which has already caught the attention of a major international company involved in the b2c markets. The b2b applications in the international healthcare market  are also being pursued by the company.

The company’s founder and inventor Adam Sutcliffe developed the product with assistance from Design London, a joint venture between the Royal College of Art and Imperial College.

Adam Sutcliffe, CTO of Orbel comments: "Apart from being exceptionally fruitful, the whole process of working with LBA, and the guidance they have provided, has been excellent. The future for Orbel™ is exceptionally bright and I hope that our involvement, and success, with LBA will encourage more Design London incubees to seek their help in gaining second round support."

Anthony Clarke,  Managing Director of London Business Angels comments: “LBA is delighted to have helped Adam and Orbel Healthcare to close this significant seed round which will allow the business to take its unique product to market. The exposure that the company received from presenting at LBA also led to the subsequent commercial interest from the major corporate. This demonstrates the power and reach of LBA’s network which is all about providing smart money to start ups.”

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