Thena Capital, a specialist venture capital firm backing early-stage UK-based medical technology start-ups, has announced a first close at £27 million, targeting a £50 million fund.

Oxford-based Brainomix, which develops AI-powered imaging tools in stroke and lung fibrosis, announced the completion of a £14m series C investment round.

Mental health company Cygnet has acquired three specialist care homes previously operated by Oakview Care Services.