Our history

In 2003 whilst working overseas with the NRI, Ray Coker, ToxiMet’s founder, recognised that there was a clear need for an affordable, user-friendly and robust procedure enabling non-scientists to measure accurately and precisely food toxins, especially mycotoxins, throughout the global food supply chain.

ToxiMet was born as a University of Greenwich spin-out in August 2005 with £200k of grant funds to enable the development of the ToxiMet system. After initially working as a ‘one man band’ supported by a number of Non-Executive Directors, Ray was joined by three development chemists in mid-2009.

Four subsequent rounds of fundraising totalling £3.5m and the appointment of a professional management team started the transformation of the Company from a University spin out into a commercial organisation. The commercial development has further accelerated and the team of chemists has subsequently increased from three to ten.

In parallel to the development of the Company, there has been substantial progress with the technology. In early 2011 the Company released a prototype ToxiMet system comprising of the ToxiQuant instrument and disposable cartridge, backed by appropriate IP protection. This system was tested by three potential customers. The results exceeded all expectations. Click here to find out more >>

In September 2011, ToxiMet outgrew the facilities at the University of Greenwich and moved to Kent Science Park, near Sittingbourne in Kent.