University of Nottingham’s NTV equipped nine spinouts with cash over the past year, driving applications including computer vision, manufacturing and nanoparticles.
University of Nottingham’s equity management unit Nottingham Technology Ventures (NTV) has pumped £900,000 ($1.2m) into nine of its spinouts over the past year, Business Link East Midlands reported on Monday.
The support helped the recipients attract a total of $18m in funding through NTV-led equity rounds backed by VC investors such as Mercia Asset Management and Foresight Group.
NTV’s current equity portfolio comprises some 18 spinouts formed through the university’s Intellectual Property Commercialisation Office.
The division has…
