This is the August edition of our spinout tracker (you can access previous months here). The list is updated weekly throughout the month.
We welcome submissions from tech transfer offices with information on their latest spinouts.
If you would like one of your portfolio companies considered for inclusion in a future list, please send us an email. Eligible companies must be early-stage. However, they need not have raised capital yet and can use this list to advertise that they are open to investors.
| Added | Company | University | Location | Sector | Technology | Round | Amount ($m) | Investors | Amount ($m) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 05/08/2024 | Sora Fuel | University of British Columbia | US | Cleantech | sustainable aviation fuel produced using only water, air and renewable energy | Seed | 6 | The Engine Ventures; Wireframe Ventures | $5.1m – $10m | |
| 05/08/2024 | AeroShield Materials | Massachusetts Institute of Technology | US | Cleantech | transparent silica aerogels to insulate buildings and make them more energy efficient | Undisclosed | 5 | Massachusetts Clean Energy Center; MassVentures; MassMutual Ventures | $0 – $5m | |
| 05/08/2024 | Spear Bio | Harvard University | US | Health | measuring protein molecules down to dozens of copies using standard lab equipment | A | 45 | Foresite Capital; Bio-Techne Corporation; Maverick Ventures; Yonjin Capital; CDH Investments | $40.1m – $45m | |
| 05/08/2024 | Sunflower Therapeutics | Massachusetts Institute of Technology | US | Health | efficient, fast and less costly development of medicines to provide access for communities around the world | SAFE | 2 | SK Bioscience | $0 – $5m | |
| 05/08/2024 | GraphEnergyTech | EPFL; University of Cambridge | UK | Cleantech | process to integrate graphene electrodes into solar cells replacing silver and other precious metals | Pre-Seed | 1.2 | Aramco Ventures | $0 – $5m | |
| 13/08/2024 | Neopulse | University of Nottingham | UK | Health | wearable medical device to reduce tics | Seed | 0.64 | Midlands Engine Investment Fund II; Mercia Ventures | $0 – $5m | |
| 13/08/2024 | OW | University of Sussex | UK | Consumer | digital smell technology | Pre-series A | 2.8 | Parkwalk Advisors | $0 – $5m | |
| 13/08/2024 | Gaussion | University College London | UK | Cleantech | rapid electric vehicle charging technology | Series A | 12 | Autotech Ventures; BGF; UCL Technology Fund | $10.1m – $15m | |
| 13/08/2024 | Nest Health | Tulane University | US | Health | 24/7 virtual and home family health care | Undisclosed | 0.25 | Tulane Innovation Institute | $0 – $5m | |
| 13/08/2024 | ABH Optics | DTU Health Tech | Denmark | Consumer | developer of eyeglass lenses using nanotechnology that makes thinner lenses for high perscription power | Pre-seed | 1.1 | High-Tech Gruenderfonds | $0 – $5m | |
| 19/08/2024 | Promethean Particles | University of Nottingham | UK | Cleantech | manufacturer of industrial-scale nanomaterials for trapping and storing gases and liquids | Series A | 10.4 | Mercia Ventures; Aramco Ventures, Midlands Engine Investment Fund I, University of Nottingham; TSP Ventures; East Midlands Early Growth Fund | $10.1m – $15m | |
| 19/08/2024 | Hedera 22 | University of Liege | Belgium | Health | AI-driven technology platform for creating biopesticides for use in agriculture | Undisclosed | 2.2 | Noshaq; Aravis; Gesval | $0 – $5m | |
| 19/08/2024 | AquaAge | Nagoya University | Japan | Consumer | AI technology aimed at helping consumers make sensory judgements for purchaing products | Undisclosed | 0.6 | Asu Capital Partners | $0 – $5m | |
| 27/08/24 | Apheros | ETH Zurich | Switzerland | Cleantech | developer of metal foams for cooling solutions | Pre-seed | 1.85 | Founderful | $0 – $5m | |
| 27/08/24 | Optiml | ETH Zurich | Switzerland | Information technology | software for net zero real estate investment and renovation planning | Pre-seed extension | 4 | Bitstone Capital; Kompas | $0 – $5m | |
| 27/08/24 | BioTryp Therapeutics | University of Cambridge | UK | Health | developer of molecules that inhibit biofilms that lead to infection | Pre-seed | 0.3 | Qubis Innovation Fund; Parkwalk Advisors; Cambridge Enterprise Ventures | $0 – $5m | |
| 30/08/24 | Xander | Massachusetts Institute of Technology | US | Health | augmented reality technology to enhance communication for people affected by hearing loss | Seed | 1.4 | Analog Devices | $0 – $5m |
