The TTO plans to raise money from investors in the City of London.
Imperial Innovations, the technology transfer company of Imperial College London, has announced plans to raise £150m ($250m) from the City of London to increase its investments in university spin-outs. It will raise the money by issuing new shares, which will be offered at no less than £4 ($6.70) each.
Imperial Innovations has secured the backing of the vast majority of existing shareholders. If successful, this fundraising would allow the TTO to almost double its investments, having raised £206m ($345m) from…
