The total raised by Oxford’s spinouts was down from $229m year-on-year, though university tech transfer office OUI also marked its largest ever single exit during the period.
University of Oxford’s spinouts collectively raised £46.8m ($61m) across ten deals during the first quarter of 2019, down from $229m generated in the same period last year.
Of the quarterly total, $84,000 was attributed to seed-stage transactions, compared with $7.6m for the first quarter of 2018.
Five new businesses were initiated over the quarter by University of Oxford’s tech transfer office, Oxford University Innovation (OUI), including two spinouts, two startups and a social enterprise.
OUI’s Licensing and…