This is the January 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) |
|---|---|---|---|---|---|---|---|---|---|
| 10/01/2025 | Esphera SynBio | Ottowa Hospital Research Institute; McMaster University | Canada | Health | Using synthetic biology, Esphera produces engineered exosomes through the expression of proprietary transgenes that serve as nanomedicines to unlock new possibilities in vaccine innovation. | Seed | 2 | GKCC; FACIT | $0 – $5m |
| 10/01/2025 | Aiwell | Tokyo Univresity of Science | Japan | Health | Proteomics technology that images proteins of humans, animals and plants using two-dimensional electrophoresis and compares them with AI. This can indetify protein biomarkers casued by diseases and ecological changes. | Undisclosed | Undiclosed | Wataru Endo | Undisclosed |
| 10/01/2025 | Hypersoniq | Delft University of Technology | Netherlands | Industrial | Electrochemical technology that makes wastewater treatment more efficient | Seed | 1.1 | VP Capital; Netherlands Enabling Water Technology | $0 – $5m |
| 10/01/2025 | Hycamite | University of Oulu | Finland | Cleantech | IP-protected technology that splits methane to produce low-carbon hydrogen and industrial-grade solid carbon | Series A | 45 | Sojitz Group; Holdix; Turret; Stephen Industries; OMV Petrom; MOL Plus | $40.1m – $45m |
