Oxford University overtakes Cambridge on raising funding for startups.

Oxford University has seen its startups and spinouts raise more than its peers at Cambridge University.

Despite being at the centre of Europe’s largest tech cluster, Cambridge firms have only seen £102.6m ($158.2m) so far this year, according to Dow Jones VentureSource, compared to Oxford’s £110.7m.

The move comes after a number of projects to boost innovation around Oxford, most notably the launch of the world’s largest university venturing fund, Oxford Sciences Innovation, earlier this year.

For more information on Oxford’s innovation community, check out our recent feature here.