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Tuesday, May 22nd

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£2m US funding for Intelligent Fingerprinting

Dr Jerry WalkerIntelligent Fingerprinting Ltd in Norwich has raised £2 million funding from a consortium of private US-based investors.

Ubisense on course to be Cambridge’s next £1bn company

Automotive assembly lineIt’s 10 years since Ubisense spun out of Cambridge University’s Computer Laboratory – such fertile territory for technology greats.

Cambridge Consultants the kings of spin-outs

Aveillant founders Craig Webster (left) and Dr Gordon OswaldCambridge Consultants arguably founded the Cambridge technology cluster in 1960 when Tim Eiloart, while studying at Trinity College, amassed £400 to start an enterprise to “put the brains of Cambridge University at the disposal of the problems of British industry.”

An App a day to keep the doctor away!

Professor Alan Barrell (left) and Dawson KingA young Cambridge company is set to fire another telling shot in the healthcare revolution that is gathering force in the UK.

Norwich Research Park launches angel initiative

Jerry Walker (Intelligent Fingerprinting), George Freeman MP and John Irving (NRP)An intelligent prescription support system, a smart device that ensures valuable samples for clinical trials arrive in peak condition, a drug detection device that uniquely links the specimen to the person, and a method of providing scientific evidence for a new generation of medicines were all presented to angel investors at an event designed to show the technologies and business opportunities emerging from Norwich Research Park.

Screens at Work uses £200k loan to pay off VC

Stuart Ager, Finance EastScreens at Work Limited  has secured a £200,000 loan from the Regional Growth Loan Scheme, managed by Finance East and financed by the East of England Development Agency.

Cambridge entrepreneurs scoop £10k prize

Stefan-Weniger-picBusiness partners Stefan Weniger and John Sweeney have been named as the first entrepreneurs to receive funding from Anglia Ruskin University’s Enterprise Fellowship Scheme.

Companies cash in on free mentoring

David Gill, Managing Director of St John’s Innovation CentreEighty companies in the East of England have raised a total of £10m with help from the Free ‘Understanding Finance for Business’ (UF4B) programme, but time is running out for others to benefit.

Pneumacare £2m round triggers global roll-out

PneumaCare CMO Dr Richard Iles (left) and CEO, Dr Ward Hills with PneumaScanA global roll-out of cutting-edge Cambridge technology that fights respiratory illness has been triggered by PneumaCare’s £2m funding round.

Camstent raises £350k from angels

Toby Wilson WaterworthCambridge UK medical materials company Camstent has reportedly raised £350k from business angels in Cambridge, London and Yorkshire.

RealVNC used by Google and Intel in US bonanza

RealVNC CEO, Dr Andy HarterThe RealVNC story is one of international success. The original developer of VNC remote access technology was recognised for its continued contribution to Innovation and International Trade when it received two Queen’s Awards for Enterprise – the only double winner this year.

Owlstone Nanotech targeted US from Day One

Owlstone co-founder, Billy BoyleOwlstone Nanotech was born to be a transatlantic business. With the original concept devised on the back of a beermat, it always looked a heady brew.

Peterborough pioneers primed to raise business finance

Stuart Whaley and Simon Osborne of NichetalkTwo local entrepreneurs behind Peterborough’s ground-breaking social network, Plugin2Peterborough, plan to roll-out their innovation across the UK having secured the backing of two angel investors with the help of a free business support programme.

All App-ening for Magicsolver

Magicsolver’s Oliver Lamming (left) with coach Tony Wilson (centre) and Emmanuel Carraud of Magicsolver (right)Cambridge App developer, MagicSolver is on the path to rapid growth, thanks in part to the input of an independent coach via the Coaching for High Growth programme.

Lumora clinches £1.5m funding

Lumora CEO, Laurence TisiLumora Ltd, the Cambridge based molecular diagnostics company, has secured £1.5 million from the completion of the company’s latest funding round, led by Catapult Venture Managers Ltd.

Private investors splash the cash

Charles Cryer, chief executive of Capita RegistrarsPrivate shareholdings have reached a post-financial crisis high of £237bn following the most sustained period of net buying since the research began over five years ago, and as investors regain appetite for risk.

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