Arecor pencils in June AIM flotation as it hones diabetes approaches
Arecor, the Chesterford Research Park-based biopharmaceutical company bringing innovative medicines to market through the enhancement of existing therapeutic products, has announced its intention to float on AIM (Alternative Investment Market).
British artificial intelligence company Faculty raises £30m of growth funding to deliver “AI as a Service” globally
Faculty, a leading British artificial intelligence (AI) company, today announced that it has raised £30m in growth funding from the Apax Digital Fund (“ADF”). It is the largest investment Faculty has accepted to date, and brings total investment to nearly £40m.
Meet The U.K.’s Next 15 Unicorns
A near 10-fold increase in technology sector investment over the past decade has seen a dramatic increase in the number of unicorn companies valued at more than $1 billion in the U.K.—and dozens more are now poised to follow in their wake.
Cambridge technology on the right wavelength for Swiss acquirer
Swiss company HUBER+SUHNER recently acquired ROADMap Systems, a technology start-up based in Cambridge, through an asset deal for which no figures are being released.
UK female-led data insights startup ScaleXP raises £600K in seed funding
London-based ScaleXP – the automated analytics platform that helps small businesses consolidate their financial and sales data – has recently announced that it has raised £600,000 in a seed funding round.
Sano Genetics Conduct Gene-Based Research on COVID-19 Symptoms
As testing and vaccination programs continue worldwide, it is also important to bring to attention the longer-term impact of lockdowns and COVID-19 on people.
The perfect EIS portfolio company? Introducing Nova Pangaea
Very simply, Nova Pangaea is a cleantech business that has created a revolutionary process to convert woody and agricultural plant residues into sustainable biocarbons, biopolymers, biochemicals and biofuels. It displaces the need for industry to use fossil based products.
Sphere Fluidics announces enhanced Cyto-Mine capability and performance
Simplified design reduces manufacturing time and offers improved functionality to help streamline antibody discovery, cell line development, cell therapy, and synthetic biology workflows.
Paragraf Takes Graphene to Cryogenic Temperatures
Recently, AAC had the privilege of sitting down with Dr. Ellie Galanis from Paragraf to hear about how the company uses its graphene products at cryogenic temperatures.
Eagle Genomics Adds 3 New US Advisory Board Members to its Global Panel
The successful British scale-up has attracted senior figures in international business development, pharmaceutical commercial strategy and nutrition innovation in San Diego, Cambridge Massachusetts, and New York to help shape the next phase of its worldwide growth.
Frontier Developments releases Ghostbusters and Studios packs for Planet Coaster on Xbox and PlayStation platforms
Who you gonna call? Frontier Developments, perhaps, if you’d like to try your luck at ghostbusting.
Featurespace’s ARIC™ Risk Hub earns NatWest 'Best security and anti-fraud development' award
NatWest has been recognised for "Best Security and Anti-Fraud Development" following its enterprise-wide deployment of the ARIC™ Risk Hub; Featurespace's real-time machine learning Enterprise Financial Crime prevention software.
Eagle Genomics opens Indian hub as world interest in microbiome research intensifies
Eagle Genomics, a British pioneer in applying network science to biology, has announced the opening of a formal new operation in India – within the innovation hub of Laxmi Cyber City in Hyderabad - as the bio revolution continues to transform the global economy.
Funderbeam partners with Startup Wise Guys to bring startups to secondary marketplace
Global funding and trading platform Funderbeam and Europe's top B2B startup accelerator Startup Wise Guys (SWG) partnered to enable liquidity for the portfolio companies of SWG.
Wazoku recognised as one of the 2021 UK’s Best Workplaces™
Innovation scale-up placed in top 50 of list for commitment to workplace mental health and for making a positive social impact through its work
Healx hires ex-Dyson and GCHQ ace as VP of AI
Experienced machine learning and engineering leader Andrew Watson has joined Healx from technology giant Dyson as VP of Artificial Intelligence.
Phico Therapeutics awarded £13.2m by CARB-X accelerator to fight anti-bacterial resistance
Phico Therapeutics has been awarded a grant of up to £13.2m from Combating Antibiotic Resistant Bacteria Biopharmaceutical Accelerator (CARB-X), a global non-profit partnership dedicated to accelerating antibacterial research to tackle the global rising threat of drug-resistant bacteria.
Near-death experience breathes life into small molecule startup
A brush with death prompted a change in career direction for Cambridge entrepreneur Hannah Sore and has led to a surge of success for the company she helped start – PharmEnable.
Cambridge spin-out HexagonFab secures £1.9m seed funding to launch the Bolt
University of Cambridge spin-out company HexagonFab today announced a £1.9 million seed funding round, led by Cambridge Enterprise, joined by Parkwalk, New Grounds VC, Silicon Valley-based R42 Group, and several private investors.
Paragraf graphene Hall sensors win Elektra Award
Paragraf's GHS series of graphene Hall sensors has won the award for Excellence in Product Design (High-reliability systems), at the Elektra Awards 2020 ceremony.