Founded by a former research engineer from regional TTO Satt AxLR, genetic analysis platform company SeqOne has become one of the first businesses to be backed by the PSL Innovation Fund.

Johnson & Johnson Innovation – JJDC, IP Group and CIC have returned for a $52.2m series B round for Inivata, a spinout of Cancer Research UK and University of Cambridge.

IP Group, CIC and Johnson & Johnson have returned for a $52.2m series B round in Inivata, a spinout of Cancer Research UK and University of Cambridge.

Liverpool's health sciences academic assessment software spinout has been bought by exam platform ExamSoft, which will augment and integrate its services.

Robert Bahns has stepped down as technology partner at IP Group to become chief financial officer at one of the firm’s portfolio businesses, WaveOptics.

Sofinnova Partners and New Enterprise Associates have co-led an oversubscribed series A round for Polyneuron Pharmaceuticals, spun out of University of Basel.

Goethe University Frankfurt has spun out Vivlion to commercialise a library of the human genome that could drive the development of more Crispr therapies.

IT Inkubator at University of Saarland will open its program to researchers across Germany, who will however have to join the existing facilities in Saarbrücken.

An industrial biotech initiative co-led by University of Strathclyde has received UK government funding to prepare an application to the UKRI’s competitive Strength in Places program.

OUI’s first social enterprise spinout, Sophia Oxford, will implement a multidimensional poverty index and standards intended to help corporates respond to the needs of workforces.