UK University launches ‘innovation factory’ to identify viable spin-offs 

Designed to be one of Europe’s most effective University Technology Transfer offices, the University of Manchester Innovation Factory has built a new team and processes for commercialising the university’s innovations and intellectual property. The new organisation’s core mission is to use this IP to create positive social and economic impact. The Innovation Factory works with […]

UCL launches new £100m start-up investment fund

University College London has launched a new £100m investment fund to back university spin-outs developing medical research as well as artificial intelligence (AI) projects. The new UCL Technology Fund is backed by British Patient Capital, as well as UCL itself and other new and existing investors. It will be managed by London-headquartered investment firm AlbionVC. “There […]

Queen’s University spin-out Re-Vana Therapeutics raises $3.25m

Today (3 June), Queen’s University Belfast spin-out Re-Vana Therapeutics announced that it has raised $3.25m in pre-Series A funding. The start-up, which develops sustained-release therapeutics for significant sight-threatening ocular diseases, said that the round was oversubscribed by more than $1m and closed in two tranches. The first tranche was led by ExSight Ventures, with participation […]

Innovation fund for Imperial staff and student startups launches

Imperial College London has launched its first Innovation Fund to invest in early-stage, high-growth, knowledge-intensive companies. The Fund offers alumni and investors the opportunity to support the commercial development of Imperial’s discoveries into tomorrow’s solutions in medicine, engineering, biochemistry, genetics, materials, quantum computing, data science and beyond. Imperial has a long history of producing ground-breaking […]

Kin Capital launches new Cambridge VC fund for university startups and spin-outs

The Cambridge University Ventures SEIS Fund will convey 50 per cent tax relief and other substantial tax benefits through the UK’s Government backed Seed Enterprise Investment Scheme (SEIS). Google, Facebook and many more of the world’s most successful businesses were started by students at university. Whilst these startups were great ideas and had talented founders […]

Boosting University research funding in the UK

Chris Skidmore MP is Minister of State for Universities, Science, Research and Innovation at the Department for Business, Energy & Industrial Strategy. He is currently the MP for Kingswood, South Gloucestershire and is the current Vice-Chairman of the Conservative party for policy in 2018. He announced that University research was set to receive a major boost in funding. […]

Imperial College launches student-run fund

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Imperial-TUM seed fund takes off 

The fund, backed equally by Imperial and Technical University of Munich as part of their ‘flagship partnership’, will seed early-stage research activity in healthcare haptics, battery storage, and ideas for a circular economy. The start-up funds will help researchers explore new ideas and directions of research to further their respective fields: Re-working wind By combining our expertise through the […]

Hopes for £100m venture capital fund to back university spin-outs 

A partnership of North East universities is looking to create a £100m venture capital fund that will be used to grow spin-outs from some of the region’s top minds. The Northern Accelerator was initially created to support spin-out businesses from the organisation’s partner universities – Durham, Newcastle, Northumbria and Sunderland. It is now looking to […]