Russ Cummings, who moves into the role from chief investment officer, told Global University Venturing he was taking over a firm in an exceptionally strong position at a very exciting stage in its development.

Sandwiched between the British Science Museum and Hyde Park, almost exactly as far from Oxford as it is from Cambridge and forming the third point on the UK’s “Golden Triangle” in London, sits Imperial Innovations.

Founded in 1986 as the technology transfer office (TTO) of Imperial College London (ICL), Imperial Innovations took a different approach to most of its peers when it was admitted to the London Stock Exchange in 2006. Following the £26m ($40m) flotation, ICL has been diluted…