This is the December 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) |
|---|---|---|---|---|---|---|---|---|---|
| 12/02/2024 | Molyon | University of Cambridge | UK | Cleantech | developer of next-gen lithium-sulfur battery technology for longer range | Seed | 4.6 | IQ Capital; Plural; Cambridge Enterprise; Parkwalk Advisors | $0 – $5m |
| 12/02/2024 | Celosia Therapeutics | Macquarie University | Australia | Health | develops therapies for neurodegenerative diseases | Series A | 10.8 | Uniseed; Unisuper | $10.1m – $15m |
| 12/06/2024 | Orakl Oncology | Gustave Roussy Institute | France | Health | AI-powered data platform that aims to provide more drugs to oncology patients, faster | Seed | 11.6 | Singular; Bpifrance; Grand Prix i-Lab | $10.1m – $15m |
| 12/06/2024 | aiESG | Kyushu University | Japan | Information Technology | AI-powered software that supports ESG analysis and assessment | Series A | 3.3 | Nissay Capital; Jafco Group; Japan Post Next Partners | $0 – $5m |
| 12/06/2024 | AMLo Biosciences | Newcastle University | UK | Health | early-stage skin cancer testing technology | Undisclosed | 2 | North East Innovation Fund; European Regional Development Fund; Esperante Ventures | $0 – $5m |
| 12/06/2024 | Etalytics | PTW Institute of Technical University Darmstadt | Germany | Information Technology | AI-driven software that helps buisnesses save on energy costs and reduce carbon footprint | Undisclosed | 8.5 | Technologiefonds Hessen | $5.1m – $10m |
| 12/06/2024 | Illumion | University of Cambridge | UK | Cleantech | microscope technology that visualises in real time what is happening during battery material during charging and discharging | Seed | 2.7 | Foresight; Cambridge Enterprise Ventures; Parwalk Advisors; Cambridge Angels | $0 – $5m |
| 12/09/2024 | Antag Therapeutics | University of Copenhagen | Denmark | Health | developer of novel treatments for obesity | Series A | 85 | Versant Ventures; Novo Holdings; SR One; Dawn Biopharma; Pictet; Longview Ventures; Export and Investment Fund of Denmakrk | $80.1m – $85m |
| 12/09/2024 | Wanda Health | University of California, Los Angeles | US | Health | remote patient monitoring system | Undisclosed | 1.3 | EMV Capital Partners’ | $0 – $5m |
| 13/12/24 | Deegtal | University Hospitals of Geneva; University of Geneva | Switzerland | Health | AI-powered software that aims to improve the diagnosis of epilepsy | Undisclosed | 0.8 | Wyss Center | $0 – $5m |
| 13/12/24 | Dia Beta Labs | Ulster University | UK | Health | developer of therapies for obesity and type 2 diabetes | Undisclosed | 1.5 | DSW Ventures; QUBIS; Innovate UK | $0 – $5m |
| 13/12/24 | Biomemory | Sorbonne University | France | Information Technology | DNA data storage company | Series A | 18 | Credit Mutuel Innovation; Bpifrance; Blast; Paris Business Angels; Sorbonne Venture; Adnexus; Prunay; Next Sequence; Accelerem | $15.1m – $20m |
| 13/12/24 | Fieldwork Robotics | University of Plymouth | UK | Industrial | developer of a raspberry-picking robot | Undisclosed | Undisclosed | August One | Undisclosed |
| 13/12/24 | Terria | Commonwealth Scientific and Industrial Research Organisation | Australia | Information Technology | geospatial data platform that builds advanced maps and digital twins | Seed | 2 | Main Sequence | $0 – $5m |
| 13/12/24 | Syncell | Academia Sincia | Taiwan | Health | subcellular protein purification and spatial proteomics analysis | Series A | 15 | Taiwania Capital | $10.1m – $15m |
| 13/12/24 | Clyde Hydrogen Systems | University of Glasgow | UK | Cleantech | developer of electrolysis technology for green hydrogen production at scale | Seed | 6.3 | Zinc; University of Glasgow | $5.1m – $10m |
| 13/12/24 | Carbogenics | University of Edinburgh | UK | Cleantech | producer of sustainable carbon adsorbents from difficult-to-recycle organic waste | Undisclosed | 0.6 | Green Angel Ventures; Kaplak Ventures | $0 – $5m |
| 13/12/2024 | Letara | Hokkaido University | Japan | Industrial | developer and manufacturer of propulsion systems for spacecraft | Seed | 3.1 | Incubate Fund; MUFG | $0 – $5m |
| 13/12/2024 | LaNua Medical | University College Dublin | Ireland | Health | medical device comapny that blocks blood flow to select issue while enabling therapeutic delivery | Seed | 6.3 | Elkstone; Atlantic Bridge; Enterprise Ireland; Furthr VC | $5.1m – $10m |
| 13/12/2024 | Eureka Robotics | Nanyang Technological University | Singpaore | Industrial | software and systems to automate tasks in manufacturing | Series A | 10.5 | B Capital; Airbus Ventures; Maruka Corporation; G. K. Goh Ventures; UTEC; ATEQ | $5.1m – $10m |
| 13/12/24 | Truss | University of Warwick | UK | Retail | AI-enabled data infrastructure for fashion resale | Undisclosed | 0.37 | FIGR Ventures | $0 – $5m |
| 13/12/24 | One Bio | University of California, Davis | US | Industrial | a database of plant fibre structures to improve nutition and reduce food waste | Series A | 27 | AlphaEdison; Leaps by Bayer; Mituis E12; Morado Ventures, ReMY; DSM; iSelect; Skyview Life Sciences; Collaborative Fund; Acre Venture Partners | $25.1m – $30m |
| 19/12/24 | PromiseBio | Weizmann Institute of Science | Israel | Health | precision medicine company for the management of immune-mediated diseases through epiproteomics and AI | Seed | 8.3 | Awz Ventures; AION Lab | $5.1m – $10m |
| 19/12/24 | Concinnity Genetics | University of Edinburgh | UK | Health | designs unique RNA-based control systems that enable the precise control of gene therapies | Seed | 3.8 | Eos Advisory; Scottish Enterprise; Maven Capital Partners; Old College Capital | $0 – $5m |
| 19/12/24 | The Thinking Pod innovations | University of Nottingham | UK | Industrial | technology for the creation of smaller, lighter and more efficient power converters and motor drive systems | 0.4 | Undisclosed | $0 – $5m | |
| 19/12/24 | Syntex | Queen Mary University | UK | Health | developer of synthetic heart valves | Undisclosed | 0.3 | Undisclosed | $0 – $5m |
| 20/12/24 | Mindgard | Lancaster University | UK | Information Technology | artificial intelligence cybersecurity testing | Undisclosed | 8 | .406 Ventures; Atlantic Bridge; WillowTree Investments, IQ Capital, Lakestar | $5.1m – $10m |
