Spinout First Light Fusion raises £22.7m
First Light Fusion, spun out from the University of Oxford with help from Oxford University Innovation, has raised £22.7m million to develop process for achieving practical and affordable fusion energy.
We publish news of technology innovations, investment opportunities, together with updates from spin-out & start-up companies and licensees
First Light Fusion, spun out from the University of Oxford with help from Oxford University Innovation, has raised £22.7m million to develop process for achieving practical and affordable fusion energy.
Oxford spin-out Oxitec Limited has been sold to synthetic biology specialist Intrexon Corporation (NYSE:XON) for $160m. Oxitec is commercialising technology to control pests and invasive species including mosquitos, which spread dengue fever and other diseases.
Oxford Sciences Innovation, which will provide capital and scaling expertise to Oxford spinouts, has now raised £320m from investors including billionaire Charles Dunstone, who launched Carphone Warehouse, and Google Ventures.
The first ever event for investors to learn about prospective spin-out companies from both the Universities of Oxford and Cambridge was held at the London Stock Exchange last week.
TheySay, spun out by Oxford University Innovation in 2011, is an advanced text and sentiment analytics company.
Roy Azoulay of the Isis Software Incubator offers an update on Oxford's startup successes in 2015 in TechCityInsider.
Breakthrough technology automates analysis of CT brain scans to support doctors in making life-saving treatment decisions
The Royal Academy of Engineering has announced that Oxford's Dr Peiman Hosseini is one of four finalists winning funding, mentoring and support from the Academy's Enterprise hub.