SETsquared, a joint university commercialisation partnership between the UK institutions of Bath, Exeter, Bristol, Southampton, and Surrey, has announced that it raised £30m ($45m) in investment for its university spin-out businesses over the past 12 months.
The funding comes from a range of sources, including angel investors, venture firms, and government grants, and is used to support the growth of new opportunities developed at the organisation’s five incubation centres, based in the UK.
Graham Harrison, partnership director at…