Dundee University spin-out M-Squared Lasers is planning for a period of accelerated growth after securing £3.25m ($5m) in financial support.
The Scotland-based firm secured a £2.5m funding package from Barclays bank, and an additional £750,000 from the Business Growth Fund (BGF) – an investment vehicle backed by six of the UK’s largest banks with £2.5bn in backing.
The firm previously raised £3.85m in 2012 in a round backed by BGF, and a further £1.2m later the same year from the…
Australia has one of the world's most mature university investment ecosystems, thanks to large pensions funds, Uniseed and royalties from wifi.
The number of deals in UK spinouts at the earliest stage of equity investing has been falling over the past few years, highlighting a potential bottleneck in early-stage funding.
Hopes are lifting that increased pension investment will encourage late-stage startups to stay in the country and even seek to list on the London Stock Exchange.
Global University Venturing (GUV) is where tech transfer, academic and investment experts meet to explore the latest ideas and technologies driving innovation forward. We drive the discussions and share best practices that are critical to the success of spinouts, scaleouts and innovation programmes. Our aim is to help improve the processes of bringing innovations from academia to global markets and facilitate their integration into the broader business ecosystem.
