University of Leicester plans to raise £10 million for endowment fund
The University of Leicester has established a new endowment fund to provide vital support for the institution in the 21st century and beyond. The Leicester Endowment Fund was launched by President and Vice-Chancellor Professor Paul Boyle with two generous gifts from alumni supporters Paul Rivlin and David Barry at the University’s House of Lords Reception. […]
Multi-million pound fund to boost UK university spin-outs and research
Research from universities across the South of England could be commercialised and turned into successful business faster than ever before, thanks to a multi-million pound project announced today [November 26] by Minster for Universities and Science, Greg Clark MP. Funded by HEFCE and Innovate UK, the £3.2 million iCURE project aims to ‘bridge the valley […]
University of Oxford Isis Fund Makes First Investments
The £1.25 million University of Oxford Isis Fund, set up by Parkwalk Advisors and Isis Innovation in February, has made its first investments in medical device spin-out Oxtex and in Brainomix, a start up from the Isis Software Incubator which is developing software to improve stroke diagnosis. Brainomix is pioneering a system which puts the […]
Cambridge University breaks investment record with £2.7 million in investments
The University of Cambridge is raising a third enterprise fund this month having broken its early stage investment record for a second year running, approving nine seed fund investments for a total of £2.7 million – an increase on the £2.3m invested in 2012/13. Cash raised from its portfolio is being recycled in an exciting […]
Aston University spin-out funded £230,00 by Mercia Capital
Aston EyeTech has developed software that supports optometrists with diagnosis, selling optical products and conducting clinical trials. Mercia Fund Management has agreed to invest £230,000 in the first instance.
University College, Cork start-up gets $30,000 in venture funding
A synthetic biology start-up formed by UCC students has been awarded $30,000 in venture capital funding. The start-up, named Benthic Labs, includes students of genetics, biochemistry, and biomedical science.
Cambridge Innovation Capital is ‘Redefining’ Investment
“The Cambridge cluster has worked very well for a long time. It has an established angel and entrepreneur ecosystem and what we’re seeing now is entrepreneurs beginning to invest back into new technology companies,” says Victor Christou, Senior Investment Director at Cambridge Innovation Capital, a newly established £50m fund with a remit to invest in technology and […]
Midven’s Rainbow fund backs University of Anglia’s Spectral Edge
Iceni Seedcorn Fund joined Midven’s Rainbow Seed Fund in the investment in Spectral Edge. The company was founded in 2012 as a spin-out from the University of East Anglia to exploit novel image fusion technology developed by Professor Finlayson’s ‘Colour Lab’.
Allied Minds Plans London IPO; University Spin-outs to Benefit
Allied Minds, a U.S.-based company that commercializes research and inventions from universities, plans to raise about $140 million of capital from investors in a London listing, it said on Tuesday.
UK Tech-out Fund (TSF) Announces Up To £1M Loans to Spin-outs
Local Partnerships has launched a fund to provide public sector spin-outs with access to loans to invest in technology to improve health and social care services. The loans, which will range in value from £250,000 to £1 million, will help spin-outs gain access to finance that they would otherwise be unavailable to them in the […]