Strathclyde shares in £1 billion funding for innovation
The University of Strathclyde is set to benefit from a UK-wide £1 billion funding boost to help create the technologies of tomorrow. The UK Government funding will expand successful ‘Catapult Centres’ which act as drivers for innovation across the country, including three in which Strathclyde is a partner: the High Value Manufacturing Catapult, the Offshore […]
Nationwide venture fund makes second strategic startup investment in U College London spinout
Nationwide Building Society has participated in a $1.8 million seed funding round for a GDPR-compliant data sharing startup spun out of University College London. Founded just 18-months ago, Hazy’s online platform automatically anonymises datasets shared between business entities, using AI to sniff out personal data buried in files. GDPR legislation means that use of anonymisation […]
U.K.-based IQ Capital announces $165 million fund for early-stage transformative startups
U.K.-based venture capital (VC) firm IQ Capital has announced a new £125 million ($165 million) fund to invest in transformative startups that focus on artificial intelligence (AI) and other forms of disruptive “deeptech.” Cambridge-headquartered IQ Capital launched in 2006 with an inaugural £25 million ($33 million) fund, followed nearly a decade later by a £50 million ($66 […]
Cambridge and four other universities form agritech partnership
The Ceres Agritech Knowledge Exchange Partnership links the universities of Cambridge, East Anglia, Hertfordshire, Lincoln and Reading, as well as the John Innes Centre, NIAB and Rothamsted Research, to enable effective sharing of commercialisation expertise, a key aim of Research England’s Connecting Capability Fund, which has awarded the partnership £4.78 million in funding. Ceres will […]
European collaborations fuelled by Imperial seed fund
Data privacy, particle physics and cancer prevention are some of the projects that have received a funding boost to strengthen European collaboration. The European Partners Fund, awarded by Imperial College London, provides up to £100,000 per year for seed funds and travel grants for Imperial academics to initiate and pursue collaborations with European colleagues. Nearly […]
UK Innovation & Science Seed Fund Invests in Seven Companies
UK Innovation & Science Seed Fund (UKI2S) , formerly known as Rainbow Seed Fund, a Harwell, Oxford-based early-stage venture capital fund focused on promising technologies based on the UK’s publicly-funded research, has invested in seven companies. The investment was made via the Government’s Innovate UK (IUK) £8.5m investment accelerator, which combines equity and grant funding to back […]
UK Innovation & Science Seed Fund Invests in Seven Companies
UK Innovation & Science Seed Fund (UKI2S) , formerly known as Rainbow Seed Fund, a Harwell, Oxford-based early-stage venture capital fund focused on promising technologies based on the UK’s publicly-funded research, has invested in seven companies. The investment was made via the Government’s Innovate UK (IUK) £8.5m investment accelerator, which combines equity and grant funding to back […]
GV co-leads $27.1M Series A in Oxford Uni life sciences spinout Vaccitech
Leaning on its in-house life sciences expertise GV has backed another biotech startup in the UK, co-leading a £20 million ($27.1M) Series A in Oxford University spinout Vaccitech, which is developing a universal flu vaccine. Sequoia China, another new investor, is also co-leading the round, along with existing backer Oxford Sciences Innovation (OSI) — which operates a fund that invests in high […]
University College London invests in data anonymisation software developer Anon AI ahead of GDPR
The University College London (UCL) Technology Fund has invested in a data anonymisation software start-up called Anon AI. The Fund was set-up in January 2016 to help commercialise intellectual property developed at the University, focusing in particular on the physical and life sciences. Academics whose research has commercial potential can apply for funding for early-stage […]
Imperial and Tsinghua University launch seed fund for ‘ambitious collaborations’
Imperial College London and Beijing’s Tsinghua University are launching a joint seed fund to support early-stage bold scientific ideas. The Tsinghua-Imperial Research and Innovation Fund, which brings together two of the world’s leading research universities, aims to kick-start innovative research projects and concepts that are showing signs of promise but are at an early stage […]