Cabin crew tablet start-up MI Airline receives backing from the Mainport Innovation Fund, backed by both corporates and universities.

Circassia, a biotech spin-out of Imperial College London developing cat and other allergy treatments, announces plans for $285m initial public offering.

Curated sports blogging site GiveMeSport raises an undisclosed amount of series B funding from IMG Media.

Oxford spin-out Oxehealth announces appointment of former ARM chief executive Warren East to its advisory board.

Edinburgh spin-out Holoxica becomes first company to hit its crowdfunding target on new Scottish crowdfunding site.

Zinwave, a wi-fi solutions spin-out from Cambridge University, is acquired by US manufacturing firm McWane.