MBM Commercial recently assisted Hearing Diagnostics, a company that aims to revolutionise the hearing test market, in its investment round raising £715,000.
The investment round was funded by angel investment syndicate Archangels.
Hearing Diagnostics has developed a hearing test that can be completed in just three minutes and can be administered without the need for a soundproof booth.
The investment will allow the company to conduct further trials with an aim to launching widely in 2021.
Hearing Diagnostics co-founder and chief executive Claudia Freigang said, "This being our first investment round, it was incredibly reassuring for us to be supported by the highly experienced and focused team that Alex and his colleagues provided and who were always just one phone call away. Would strongly recommend anybody who is looking to raise investment to liaise with MBM Commercial."
Alexander Lamley, Director in MBM’s Corporate team, led the funding round for MBM. “It’s always rewarding to work on a deal where the end product can make such a difference to people’s quality of life”, he said. “We wish Claudia and her team continued success.”