Since 1997, Oxford University Innovation has been responsible for creating spinout companies based on academic research generated within and owned by the University of Oxford, and has spun out a new company every two months on average.
Over £266 million in external investment has been raised by Oxford University Innovation spinouts since 2000, and five are currently listed on London’s AIM market.
The creation of these new spinout companies also channels millions of pounds back into University research, benefits local economic development and has created many new jobs in the region.
Proxisense specialise in advanced sensors, diagnostics and optimisation systems to prevent downtime & equipment failure. They improve performance & efficiency of complex rotating equipment.
Incorporated in October 2016
Origin: Oxford University, Engineering
Contact: James Mallinson