PRESS RELEASE
21 March 2023

Lewis Silkin Has Advised Mercia On Its Syndicated Venture Capital Investment In CanSense

LS
Lewis Silkin

Contributor

We have two things at our core: people – both ours and yours - and a focus on creativity, technology and innovation. Whether you are a fast growth start up or a large multinational business, we help you realise the potential in your people and navigate your strategic HR and legal issues, both nationally and internationally. Our award-winning employment team is one of the largest in the UK, with dedicated specialists in all areas of employment law and a track record of leading precedent setting cases on issues of the day. The team’s breadth of expertise is unrivalled and includes HR consultants as well as experts across specialisms including employment, immigration, data, tax and reward, health and safety, reputation management, dispute resolution, corporate and workplace environment.
Lewis Silkin has advised Mercia on its syndicated venture capital investment in Swansea-based CanSense.
United Kingdom

Lewis Silkin has advised Mercia on its syndicated venture capital investment in Swansea-based CanSense.

Lewis Silkin's client Mercia has backed CanSense on a round of equity funding for the development of a blood test that aims to save lives by diagnosing bowel cancer at an early stage.

CanSense's test, which combines laser spectroscopy with artificial intelligence, is faster, less expensive, and less invasive than a colonoscopy procedure and more acceptable for patients than a faecal blood detection kit. It could help detect bowel cancer at an early stage when it is much easier to treat, and the chance of survival is much higher.

The Lewis Silkin team was led by Corporate Associate, Elizabeth Cotton and Corporate Partner, Geraint Tilsley.

Commenting on the deal, Lewis Silkin's Elizabeth Cotton said:

It was great to work on our first transaction for Mercia, and all the more so because CanSense's work really will save lives..

Elizabeth Cotton
PRESS RELEASE
21 March 2023

Lewis Silkin Has Advised Mercia On Its Syndicated Venture Capital Investment In CanSense

United Kingdom

Contributor

We have two things at our core: people – both ours and yours - and a focus on creativity, technology and innovation. Whether you are a fast growth start up or a large multinational business, we help you realise the potential in your people and navigate your strategic HR and legal issues, both nationally and internationally. Our award-winning employment team is one of the largest in the UK, with dedicated specialists in all areas of employment law and a track record of leading precedent setting cases on issues of the day. The team’s breadth of expertise is unrivalled and includes HR consultants as well as experts across specialisms including employment, immigration, data, tax and reward, health and safety, reputation management, dispute resolution, corporate and workplace environment.

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