Originally known as Oxford Sciences Innovation, the investment company set up by University of Oxford has undertaken a rebranding exercise.

Oxford Science Enterprises (OSE), the investment company founded to invest in University of Oxford spinouts, has relaunched with a new name and brand identity.

Founded in 2015 as Oxford Sciences Innovation, Oxford Science Enterprise’s mission has been to increase the number of spinouts generated from university research.

OSE has a contractual right for a minimum of 15 years to receive shares in spinouts based on research in Oxford’s mathematical, physical and life sciences and medical sciences divisions.

It has actively supported the creation of more than 60 spinouts, and now owns stakes in more than 100 spinouts with a combined value of more than £2bn.

The rebrand follows an expansion of OSE’s team and the appointment of Alexis Dormandy as chief executive in January this year.

Dormandy wrote in an article announcing the rebrand: “I joined OSI in January 2021, clear on its mission, inspired by its achievements and motivated by the opportunity to make a real difference to the world.”

He added: “We are science business builders. And to reflect more clearly who and what we are, we have chosen to rebrand. We are excited to now be starting the next chapter in our story, as Oxford Science Enterprises.”

Dormandy is a nominee for the GUV Personality of the Year award. The awards ceremony will be held as part of the GCV Symposium 2021, tickets for which are available now either for physical or virtual attendance.