Commercialisation group Fusion IP signs MOU with Finance Wales to support Welsh university spin-outs.
Fusion IP, a tech transfer subsidiary of the IP Group, has signed a memorandum of understanding (MOU) with Finance Wales detailing an investment strategy to support Fusion-backed firms.
The new partnership will aim to support more spin-out firms coming out of Welsh universities and builds on Fusion’s existing commercialisation agreements with Cardiff and Swansea universities.
The two firms have worked closely in the past with Finance Wales investing £6m ($9m) in Fusion spin-outs since 2007 as agreed in a former…
