Oxford Spin-outs Raise £50 million

Oxford spin-outs have been busy raising finance. A total of nearly £50 million has been secured so far this year by some of the 50 companies spun-out by Oxford University Innovation from the University of Oxford, including those mentioned below.

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New Spin-out: TDeltaS Ltd

A new company called TΔS (TDeltaS Ltd) has been spun-out of the University of Oxford based on findings made during research into human metabolism by Professor Kieran Clarke in the Department of Physiology, Anatomy and Genetics.

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CYTox limited

A New Spin-out Company Cytox Limited was spun out from Oxford University Innovation in November 2006, when it received its first round of investment; it is the 63rd company to be created with University of Oxford intellectual property in this way.

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BioAnaLab Raises New Investment

BioAnalab Limited, the Oxford-based specialist contract analytical laboratory, today announced the successful completion of a further round of private equity funding totalling £440,000. The round was led by Octopus Asset Management, who invested £250,000 through the BioScience Venture Capital Trust.

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