Graduate secures almost £1m investment for company founded after grandfather’s dementia diagnosis
Publication date: 24 January 2019
Loughborough University alumnus Alex Nash is set to get 2019 off to a flying start having secured almost £1m in investment for his company, Alcuris.
Alex founded the company in 2017 whilst studying Product Design at the University and was inspired to do so following his grandfather’s diagnosis of dementia in early 2015.
Within 15 months of graduating with a first-class degree, Alex has secured almost £1m worth of investment for his business with investors including PureGym founder Peter Robert and the Nottingham based founders of HD Decisions.
The company’s first product range, memo™, is a digital telecare platform that monitors the day-to-day activities of vulnerable people and builds a database of behaviour patterns, alerting family members if there is any unusual activity.