Cambridge Enterprise, the commercialisation unit of Cambridge University, has hit its £1bn ($1.52bn) external fundraising target since it began making seed investments 18 years ago, bringing it into a select group of universities to crack the billion.
The news, released in CE’s annual report, puts the University ahead of other UK institutions in terms of raising external investment for spin-outs. Oxford has raised £340m since 2000, whereas Imperial College London’s Imperial Innovations has raised £408m since its IPO in…

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