Oxford spinouts are riskier but more valuable than Cambridge peers – study
Spinouts from the University of Oxford receive pre-money valuations that are on average £4m higher than their University of Cambridge counterparts but they are 2.5...
Category : cambridge
Cultivated meat startup Uncommon backed by OpenAI CEO in £24m raise
Cultivated meat company Higher Steaks has been served $30m (£23.9m) in funding and is rebranding to Uncommon. Existing investors with an appetite for Uncommon’s latest...
Riverlane secures £15m Series B for quantum operating system
Cambridge-headquartered quantum computing startup Riverlane has secured £15m in a Series B funding round. Riverlane is developing a self-correcting operating system for quantum computers, which...
Raspberry Pi gets Sony backing in AI development push
Cambridge computing firm Raspberry Pi Ltd has received a minority investment from Sony’s semiconductor division. As part of the deal, Raspberry Pi users will gain...
Climate startup Levidian installs first hydrogen device in Europe
Cambridge-based climate startup Levidian has selected Luxembourg as its first European location to deploy its decarbonisation devices that convert methane into hydrogen and carbon. Luxembourg-based...
Electric cargo bike startup Zedify delivered £5m by Barclays
Banking giant Barclays has co-led a £5m investment round into electric cargo bike delivery company Zedify through its Sustainable Impact Capital fund. Zedify will use...
Biotech Maxion Therapeutics secures £13m from investors
A Cambridge-based biotechnology company has closed £13m in Series A funding led by LifeArc Ventures, with contributions from Monograph Capital and BGF. Cambridge-based Maxion Therapeutics...
Revealed: Cambridge chip startup Flusso acquired by Chinese firm
Cambridge-based semiconductor company Flusso has been wholly acquired by a Chinese entity for £28m, company filings reveal. Flusso, a University of Cambridge spinout that develops...
Arm board gains ex-Qualcomm and Intel executives ahead of IPO
Cambridge-headquartered microchip designer Arm has appointed two board members with experience at chip giants Qualcomm and Intel ahead of its hotly anticipated IPO. Dr Paul...
Automated upskilling platform Obrizum scores £9.5m
Obrizum, a Cambridge-based data-driven upskilling platform, has boosted its funding to $17m (£14m) with a Series A investment of $11.5m (£9.5m). Obrizum claims it can...
