For an organisation affiliated to an 800-year-old university to be setting records and innovating is impressive.

And the University of Cambridge may smash its own investment record set this past year as it prepares to this month to announce its later-stage investment fund, Cambridge Innovation Capital, which is expected to be at least £30m ($48m) and to provide it with the opportunity to invest in its own companies.

Cambridge Enterprise (CE), the commercialisation company affiliated to UK-based Cambridge University, made…

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