The mobility tool spinout has received an Innovate UK grant and equity funding from backers including venture firm Oxford Technology Management.
UK-based mobility tool producer GripAble was spun out of Imperial College London (ICL) on Tuesday with a reported £525,000 ($700,000) grant from Innovate UK and £150,000 equity from backers including venture firm Oxford Technology Management.
Oxford Technology had disclosed its £50,000 ($66,000) investment in its financial report for the third quarter of 2017.
The press release from Imperial Innovations, the tech transfer arm for Imperial College London, announcing the spinning out of GripAble gave the total as $800,000 but did…
