Parkwalk Advisors has injected an additional $2.6m into GeoSpock, two months after the Cambridge spinout secured $12.8m in a round co-led by the fund manager.
GeoSpock, a UK-based big data analytics platform spun out of University of Cambridge, secured an additional £2m ($2.6m) in funding on Tuesday from Parkwalk Advisors, the fund management subsidiary of commercialisation firm IP Group.
The commitment follows a $12.8m funding round co-led by Parkwalk together with Cambridge Innovation Capital (CIC), the university’s patient capital fund, IP Group and 31 Ventures, a corporate venturing unit of property developer Mitsui Fudosan two months ago.
Venture firm Global Brain also…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
