Corporate and government venturing firms-backed Oxford Sciences Innovation has retained stockbroker Numis as a financial adviser.

Oxford Sciences Innovation (OSI), the university venturing fund of Oxford, has hired UK-based stockbroker and corporate advisor Numis, according to the Evening Standard.

OSI will use the broker to raise funds from investors and develop its portfolio of 36 spinouts, including therapeutic drug company Orbit Discovery, gas and liquid valve manufacturer Oxford Flow and smart material company Bodle Technologies.

Numis will be paid an undisclosed fee to act as a retained financial adviser for OSI.