
Tech transfer arm Edinburgh Innovations has created a new role of director of venture creation to increase the number of companies it spins out.
The British Business Bank plans to invest in university spinout investment funds outside of the Golden Triangle.
It becomes the fourth academic institution in the north of England to join the university spinout investor.
Van Wensveen worked in commercialisation at Austrialian government research organisation CSIRO for more more than three years before joining the ventures fund.
The federal cuts to science and research funding mean US universities are leaning more on spinout funds and tech transfer offices to generate income.
The pot of money will fund AI researchers as US universities face cuts to funding for science and research.
Gundi joins Northern Gritstone at a time of capital expansion at the investment company.
Oxford Science Enterprises has tapped the credit market to boost its capital as it anticipates an uptick in exits over the next few years.