New spinout RFC Power believes it has found a more cost-effective solution for large-capacity flow batteries used for power grid balancing and standalone plants.

Oxford spinout Metaboards has the backing of Oxford Sciences Innovation as it targets revenue streams for its metamaterial-based wireless charging technology.

University of Oxford Innovation Fund has backed Bibliotech's digital textbook library service, which is already used by universities including Oxford itself.

Aviva Ventures has exited home improvement services marketplace Opun in a $4.7m purchase by John Lewis Partnership.

Exor Seeds will invest in technology startups, with PartnerRe and Exor each providing half the capital for the fund.

Tony Hickson, currently the managing director of Imperial Innovations, will become chief business officer of Cancer Research UK in August.