The U.K. government has released its plans for emulating the storied high-risk, high-reward U.S. funding agency, the Advanced Research Projects Agency. During the 2019 election campaign, the Conservative government promised to set up such an agency, and Prime Minister Boris Johnson's former adviser Dominic Cummings pushed for it. Now, it has a name: the Advanced [...]
The University of Cambridge has launched its eighth Enterprise Fund, managed by university spinout fund manager Parkwalk in conjunction with Cambridge Enterprise. Parkwalk has now overseen more than £100 million of investment into Cambridge-based companies over the past eight years. This new fund is timely as more investors consider startups for their potentially strong returns. [...]
The Imperial College Investment Fund (ICIF), an early-stage investment fund launched at Imperial in early 2020, announced today that it had invested £205,000 in Charco Neurotech. The company will launch its device - CUE1 - in the UK and EU in early 2021. CUE1 is a non-invasive medical device worn on the chest that uses [...]
UK venture capital fund Parkwalk has launched one of the first Knowledge Intensive Funds to be approved by the UK government to invest in deeptech startups. The fund will invest in ground-breaking deeptech businesses spun out of UK universities, but with a facility to carry back income tax relief to the previous tax year and reduced administration [...]
An investment fund founded by four of the North East’s universities has invested £500,000 in local firms since its launch. Northern Accelerator is a partnership between Newcastle University, Northumbria University, Durham University, and the University of Sunderland and has been designed to develop businesses with a high growth potential that have spun out of the [...]
Imperial and MIT share a commitment to address key global challenges and for 2020, the MIT-Imperial College London Seed Fund will call for research into climate solutions and the transition to zero pollution. The funding, worth $100,000 in total, will bring together researchers from two of the world's best universities to build early-stage collaboration. The seed fund is calling [...]
Imperial has been using its academic expertise to solve real-world challenges through record numbers of industry partnerships and consultancy projects, while more and more Imperial students are launching startup companies with support from the College’s entrepreneurship programmes. These are some of the facts revealed in the newest Review of Enterprising Activity, Imperial’s annual look at the [...]
Efforts to improve the early detection of cancer have received a significant boost with a £2.4 million funding deal to support the further development of innovative testing technology. Glasgow-based ClinSpec Diagnostics Limited (ClinSpec Dx), a spinout from the Department of Pure and Applied Chemistry at Strathclyde, has developed a way of detecting cancer at an early stage using a [...]
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 [...]
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 [...]