Tomorrow's guest on the show is Claire Trant PhD FRSA, Co-Founder and CEO of Untap Health. In the clip below we discuss her experiences fund raising for her life science start up. The eagle-eyed amongst you may notice Claire's running gear. That's because, before recording this episode she'd been on a run with her team training for the Brighton Marathon next month. Team Trant have already raised an incredible £72,983 for Sarcoma UK. Please donate what you can to support this amazing cause: https://lnkd.in/edAa5ime
Helping physical product companies hire top-tier design and engineering talent faster ? USA, UK & Europe ???????????? ? Host of The WHY DESIGN? Podcast! ??
“We Kissed a Lot of Frogs” – What I Learned About Securing Funding Fundraising is often romanticised: a slick pitch, a polished deck, and eager investors ready to write cheques. The reality? It’s a long, unpredictable grind—one that tests your resilience, sharpens your strategy, and forces you to rethink everything you thought you knew about your company. Claire Trant PhD FRSA, co-founder and CEO of Untap Health, knows this all too well. ????????? ??????’?? ???????????? ?????????? ???????? ?????? ?????????????????? ?????? ????????????. When Claire’s team started raising, they had a clear idea of their ideal investors—deep-tech enthusiasts aligned with their vision. But some of those ‘perfect fit’ investors didn’t bite. Others, who seemed like long shots, asked the smartest, toughest, most game-changing questions. ?????????????????????? ??????’?? ???????? ?????????? ???????????????? ??????????????—????’?? ?????????? ?????????????? ?????????????????? ?????? ?????????????????? ?????? ???? ?????? ?????????? ??????. “Having people who ask the right questions is so important,” Claire shares. “Those are the people I want investing in us.” ??????????????? ?????????????? ???????? ???????? ?????? ??????????. Untap kicked off fundraising in December, expecting a tough but manageable process. What they hadn’t fully factored in? December is a dead zone for investors. Momentum stalled. It wasn’t until January that things picked up. “Last year was about testing the waters—are we raising the right amount? Is our narrative correct?” Claire explains. “It all just takes longer than you think.” ????????????????????????? ???????????? ??????????????. Claire describes fundraising as brutal but valuable. Beyond securing capital, it forces you to?????????????????-???????? ???????? ?????? ????????????????.?Investors don’t just want a polished pitch—they want to poke holes in your strategy. That means answering tough questions about: ? Your mission and vision ? Your pricing and revenue model ? Your go-to-market strategy ? The urgency of the problem you’re solving This constant questioning helped Untap refine their approach and emerge stronger. ?? ??????????????’?? ??????????????????????: ?????? ?????????????????????? ?????????? For founders in the trenches, Claire’s journey is a reminder that fundraising never goes exactly to plan. ?? It takes longer than you expect. ?? The investors you think will back you… might not. ?? But the process will make your company sharper. Claire shares her full story on tomorrow’s?WHY DESIGN? If you’re raising capital—or curious about scaling a hardware startup—this is one to tune into. ????????’?? ???????? ????????? ?? What lessons have you learned from fundraising? ?? What’s the best (or worst) advice you’ve received? Let’s discuss below! ????:?Claire is running a marathon to raise money for Sarcoma UK in memory of her sister. ?? I’ll share a donation link in the comments—please support if you can.