Cambridge University announces that it has invested a record amount in its own spin-outs.
Cambridge University, home to the biggest tech cluster in Europe, has invested a record amount in its own spin-outs over the past year.
For the fiscal year ending July 31st, Cambridge made 10 investments totalling £2.27m ($3.62m) – triple the amount it invested during 2011-12. Companies benefitting from investment included Aqdot, CamSemi, DefiniGEN, Horizon Discovery, Inotec AMD, Lumora, Sphere Fluidics and XO1.
The investments were made through the university’s tech transfer office (TTO) Cambridge Enterprise. The TTO manages three seed…
