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Novosound
Health Tech & Medtech · Newarthill, United Kingdom · Founded 2016
Flexible, printable ultrasound sensors for multiple industries. MoreLess
Novosound is a sensor technology company that spun out of the University of the West of Scotland in 2018. Founded by Dr. Dave Hughes, who serves as CEO, the company is based on his research into thin-film deposition manufacturing processes for ultrasound sensors. This additive manufacturing method allows Novosound to create flexible, high-resolution, lightweight, and temperature-resistant ultrasound sensors, overcoming the limitations of traditional rigid and bulky ceramic-based sensors. The company's business model involves both selling its sensor products and engaging in R&D and licensing deals with partners in various sectors. Novosound serves a diverse client base across industrial and healthcare markets. In the industrial sector, its non-destructive testing (NDT) products—such as the Kelpie, Belenus, and Nebula—are used for applications like corrosion monitoring and inspecting complex geometries in the aerospace, energy, and oil and gas industries. Key clients in this area include BAE Systems and GE Aviation. Novosound is also making significant inroads into the digital health and wearables markets. A major focus is its cuffless blood pressure monitoring technology, integrated into its Slanj platform and the handheld senseBP device. This technology provides accurate, real-time arterial measurements without the discomfort of traditional cuffs. The Slanj platform also extends to monitoring hydration and muscle health. The company has secured commercial contracts with firms like the Nasdaq-listed PAVmed and has active partnerships with major technology companies and institutions, including the Texas Medical Centre. Since its inception, Novosound has raised over £10 million in funding from investors including Par Equity, Kelvin Capital, and Scottish Enterprise. The company has secured over 20 patents for its technology and is experiencing consistent revenue growth, driven by expansion in North American and APAC markets. Keywords: thin-film ultrasound, flexible sensors, non-destructive testing, NDT, printable sensors, corrosion monitoring, asset integrity management, medical imaging, digital health, wearable sensors, blood pressure monitoring, cuffless BP, remote patient monitoring, ultrasound technology, sensor manufacturing, aerospace inspection, oil and gas sensors, dental imaging, MedTech, HealthTech, high-temperature sensors, industrial monitoring, cardiovascular monitoring, biometric data, asset monitoring
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7 investors on Novosound's cap table
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