Berkshire invests in commercialisation of UK university research
The UK’s £1.9bn (€2.3bn) Royal County of Berkshire Pension Fund is to invest £15m in a new fund aiming to direct institutional capital into the commercialisation of UK university research. The local authority pension fund committed the £15m to the British Innovation Fund (BIF), launched on 1 December by Future Planet Capital and Milltrust International […]
Defence innovation fund launched at Strathclyde
An innovation fund aimed at boosting developments in data-driven decision-making technologies has been launched at the University of Strathclyde. Minister for Defence Procurement Harriett Baldwin announced the £3 million Defence and Security Accelerator competition at the inaugural Maritime Enterprise Innovation Scotland Conference, in the University’s Technology & Innovation Centre. Ms Baldwin said: The Defence Innovation […]
Rainbow Seed Fund’s £200m Investment in UKs Deep Science at Universities
Rainbow Seed Fund, an early-stage venture capital fund focused on promising technologies developed at the UK’s largest publicly-funded research facilities and campuses, today announces that the fund have now leveraged more than £200m to work supporting UK’s most ground-breaking and innovative companies. Since the Fund’s inception in 2002, Rainbow Seed Fund has been investing in […]
University of Cambridge breaks its early stage investment record with £5.3 million into 14 startups
For the fourth year in a row, the University of Cambridge has broken its early stage investment record, approving 14 seed fund investments for a total of £5.3 million, an increase on the £3.8 million invested in 2014/15. This new funding follows another successful year highlighted by the exits of VocalIQ, Lumora and Cambridge CMOS […]
Edinburgh University DEM software tech spin-out to launch off £450,000 in investment
Particle Analytics has developed intelligent software that allows organisations across a range of industries to simulate the movement of bulk solids and particles in a more advanced, efficient and cost effective way. The technology aims to enhance the efficiency of conventional Discrete Element Modelling (DEM) software reducing the time needed for simulations from days to […]
Birmingham’s Health Tech Kaido secures £50,000 funding from Mercia Fund Management SME Innovation Fund
The SME Innovation Fund is a joint initiative set up by Mercia Fund Management, leading investment business in UK innovation and a wholly-owned subsidiary of Mercia Technologies PLC and the West Midlands Academic Health Science Network (WMAHSN), to help build and support healthcare start-ups across the West Midlands. The WMAHSN brings together investment, energy and […]
Spin-out company from Queens University receives £500k investment for cancer-detecting sensors
It was announced today that Kernel Capital has invested £500k in Causeway Sensors, a spin-out from Queens University Belfast (QUB). Founded by fellow QUB Academics Dr. Robert Pollard, Prof. Robert Bowman and Dr. John Nelson, the company have developed novel nanostructured chips for sensing applications accompanied with a reading device for the detection and measurement […]
UK pledges £220m tech fund for life science and university sectors
The UK government is set to invest £220m in a package of measures for the life science and university sectors to support the use of cutting edge technologies. The support was announced by the chancellor Philip Hammond over the weekend and half of it will be tailored to help translate medical technology breakthroughs into commercial […]
Johnson & Wales University and Angel Fund Announces The Food Innovation Nexus: a Venture Towards Therapeutic Breakthroughs in Healthy Food and Medicine
Johnson & Wales University (JWU), a world-renowned culinary educator, is no stranger to food innovation. Today it is announcing its newest venture to spur therapeutic breakthroughs at the intersection of healthy food and medicine: The Food Innovation Nexus (FIX). In partnership with three product development entrepreneurs, Michael Allio, Steve Lane and Ken Levy, The FIX […]
Imperial Innovations invests £5.1m in new biotech start-up
AIM-listed technology investor Imperial Innovations invested £5.1m in Artios Pharma, a new biotech start-up launched on Wednesday. Imperial Innovations contributed £5.1m to the £25m series A funding round, giving it a 14.9% interest in the new Cambridge- based company. Artios, which is backed by a syndicate of leading European and US life science investors including […]