New investors include hedge fund Winton Ventures, state-backed Oman Investment Fund and fund manager Woodford Investment Management.
Cambridge Innovation Capital (CIC), a university venturing fund commercialises science and technology advances made at Cambridge University, has raised £75m ($90m).
New investors include heege fund Winton Ventures, state-backed Oman Investment Fund and fund manager Woodford Investment Management. Cambridge University will remain the largest shareholder in CIC, owning about a third of the firm. The money tops up the original £50m investment from chip maker ARM and hedge fund Lansdowne Partners.
CIC has invested £33m in 13 technology startups in…