Exciting Instruments funding news – Sheffield-based Exciting Instruments has Secured £4M in Seed Funding

The funding round was led by Northern Gritstone, with support from Empirical Ventures, NPIF II – Praetura Ventures, and entrepreneurs Stan Boland and Jonathan Milner.

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Exciting Instruments’ platform focuses on making single-molecule analysis easier to use for applications in life sciences, drug discovery, and clinical diagnostics.

Funding Utilisation

The funding will help Exciting Instruments speed up the development of its technology, making single-molecule detection faster, easier, and more effective for researchers and professionals.

CEO Tim Craggs said, “Our vision at Exciting Instruments is to bring the power of single-molecule detection to every academic and pharma lab across the globe. We’re not just building technology—we’re creating a new era where single-molecule insights become the foundation for breakthroughs that will redefine what’s possible in human health.”

COO Robert Bell adds “Our team deep expertise and passion have been instrumental in achieving remarkable early traction across the US and Europe. This investment allows us to accelerate the development of our platform deepen our product offering and expand our commercial reach.”

Dr Craggs says, “Single-molecule spectroscopy is a powerful technique that could lead to new discoveries in biophysics, life sciences, drug development and diagnostics. We set out to democratise this cutting-edge approach and bring it to the widest possible user base. Ultimately, we hope to make our instrument a standard tool in every biophysics lab.”

About Exciting Instruments

Exciting Instruments, founded by Dr. Timothy Craggs and Robert Bell, uses cloud connectivity and real-time data visualization to streamline research in biophysics, life sciences, drug development, and medical diagnostics. The company introduced the EI-FLEX system, a benchtop tool for single-molecule FRET and FCS analysis, making research easier for academics and industries alike.