Fife video retinal imaging firm Epipole nets £1.5m funding boost

Inverkeithing-based video retinal imaging specialist Epipole has secured £1.5 million in new funding to prepare for introduction into the US ophthalmic imaging market.

Founder and chief executive Craig Robertson. Picture: contributed.
Founder and chief executive Craig Robertson. Picture: contributed.

The financing was led by new investor Greenwood Way Capital – which targets early stage-UK companies – with the Scottish Investment Bank, the investment arm of Scottish Enterprise, also participating. Epipole has also appointed industry veteran Ian Stevens as chairman.

Epipole says its patented technology enables clinicians to scan the retina using real-time video and then extract high-quality images for further examination.

Sign up to our daily newsletter

It added that retinal cameras are typically large and costly desktop systems, but it believes it can “revolutionise” the sector with its portable design and cost-effective pricing.

Read More

Read More
Scottish optical device pioneer Epipole eyes global growth

Founder and chief executive Craig Robertson said: “We’ve worked with ophthalmologists to test and refine features and capabilities, and will use this funding to implement the key changes needed. We will have a particular focus on the US primary care optometry and ophthalmology markets, and plan to have product available by early 2021.”

He also praised the appointment of Stevens, who has held chief executive positions at Scottish businesses Touch Bionics, Mpathy Medical and BioFilm. Previously, he spent nine years at retinal imaging company Optos, initially as chief financial officer and then as general manager of its North American business.

Stevens said: “There is a tremendous opportunity for handheld and truly portable fundus cameras that are easy to use and combine high quality imaging with attractive pricing”. He added that he looks forward to joining the company “as we seek to transform ophthalmic imaging with our new technology”.

A message from the Editor:

Thank you for reading this story on our website. While I have your attention, I also have an important request to make of you.

The dramatic events of 2020 are having a major impact on many of our advertisers - and consequently the revenue we receive. We are now more reliant than ever on you taking out a digital subscription to support our journalism.

Subscribe to and enjoy unlimited access to Scottish news and information online and on our app. Visit now to sign up.

By supporting us, we are able to support you in providing trusted, fact-checked content for this website.

Joy Yates

Editorial Director


Want to join the conversation? Please or to comment on this article.