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Braveheart leads funding round for Tayside Flow

Braveheart Investments yesterday said it had joined forces with Sir Tom Farmer, Scottish Enterprise and merchant bank Quayle Munro to invest more than £500,000 in a further funding round for life science business Tayside Flow Technologies.

The latest cash injection means Tayside Flow has raised more than £1.7m in equity and debt funding, in spite of the gloom prevailing in funding markets.

The Dundee-based life science business is developing a new generation of heart implants.