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Deals in 2005

Radiation Watch

Round 2 Funding
Sector Radiation Detection
Funded by Seven Spires, Private Investors

Radiation Watch Limited – ICON secures £2m funding for Homeland Security company

ICON advised Radiation Watch on the completion of a £2m funding round from Seven Spires Investments and a number of seasoned semiconductor private investors. ICON had previously closed a £450k seed investment round in the company from Seven Spires in April 2004.

Radiation Watch will use the additional funding to complete development of its revolutionary radiation detection technology “D3™”, which provides real time spectroscopic detection of radiation sources and the identification of isotopes.

The technology has applications in a wide range of markets, including Health Physics, Defence, Environmental Monitoring and Instrumentation, but in particular has really created excitement for those involved in Homeland Security initiatives around the world.

Radiation Watch
Next Deal


“ICON got the corporate finance tactics spot on. Their support throughout was invaluable.”

Martin Lowson
CEO and Founder, ATS

Sector Expertise

"ICON were outstanding. Without their dedication and market knowledge, this deal would not have happened".

Mark Crosier, CEO Deepstream Technologies.


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