Commercialisation firm Frontier IP takes 40% equity stake in latest Cambridge spin-out Cambridge Simulation.cac
Chemical processes emulator Cambridge Simulation, the latest spin-out from the university, has exchanged a 40% equity stake in the business for Frontier IP in return for advisor and business development services from the commercialisation firm.
The Cambridge University company is commercialising a method developed at the institution to simulate chemical processes.
Neil Crabb, CEO at Frontier IP, said: “This collaboration with [Cambridge academic] Vassilios Vassiliadis represents an exciting new opportunity for Frontier IP. We have in-depth experience in commercialising intellectual…