Frontier IP has received a 20% stake in Molendotech, a new spinout of Plymouth University that has developed a way to test the purity of water.
Plymouth University has spun out Molendotech, which will commercialise a test to screen water for faecal contamination, with commercialisation firm Frontier IP acquiring a 20% stake.
The university is one of Frontier IP’s eight partner institutions to which it provides advisory services in exchange for equity in resulting spinouts. The firm is active in the UK and in Portugal, where it has partnered Universidade Nova de Lisboa and Universidade de Évora.
Molendotech, incorporated towards the end of last…