Imperial College London’s tech transfer unit Imperial Innovations (II) has led a seed round worth nearly £1m ($1.6m) for Cambridge University spin-out Aqdot.

II, which invested £350,000 of the total, was joined in participation by the university’s own tech transfer unit Cambridge Enterprise as well as investors Parkwalk Advisors and Providence Investment Company. As part of the deal, Kelsey Lynn, director at II, will join the Aqdot board of directors.

Aqdot is developing chemical encapsulation technology which allows tiny droplets…

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