The IP investment firm, which advises universities on spinouts in exchange for equity stakes, has signed its second deal in Portugal.
Frontier IP, a UK-based university intellectual property investment firm, has partnered Universidade Nova de Lisboa’s science and technology faculty (FCT Nova) to advise the Portuguese university on spinoff and licensing activities.
FCT Nova, the public university’s engineering school, focuses on research in fields like materials, environment, energy, biotechnology, conservation and restoration.
The goal of the collaboration with London-listed Frontier IP is to expand access to early-stage funding, build up FCT Nova’s commercialisation knowhow and bolster its network of industrial partners.
In exchange for providing advisory services, Frontier IP will receive a share of equity in each spinout from the university, as well as a share in the licensing revenue FCT Nova receives.
The partnership is Frontier IP’s second in Portugal following a deal with Universidade de Évora in March 2016 to provide tech transfer advice in exchange for equity stakes in each spinout and a share in any licence revenue.
Fernando Santana, director of FCT Nova, said: “Frontier IP has a strong reputation in the commercialisation of university-based technologies. We hope that this agreement will bring increased international visibility to FCT Nova’s portfolio, making it an even more successful institution by maximising the impact of its knowledge.”
Frontier IP’s main areas of interest are biotech, cleantech, healthcare and technology. The firm also provides portfolio companies with corporate finance, capital raising and administrative services.
