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Shell Springboard cash for PDX cooking technology

Steam-infusion-Larco-FoodsOlympus Automation in Peterborough UK has been awarded a £30,000 prize in a Shell Springboard competition to boost commercialisation of a revolutionary cooking technology acquired in the takeover of Cambridge-based PDX.

Imperial going hell for leather

Martin-Knight-Imperial InnovationsImperial Innovations, which has bolstered its portfolio since setting up in the Cambridge UK technology cluster, has ramped up revenues and profits in a transformational last six months – and it says it is sitting on more potential blockbusters.

Imperial joy at £581m Circassia float valuation

Russ Cummings, CEO at Imperial InnovationsImperial Innovations, which is thriving from its base in the Cambridge UK technology cluster, is predicting great things from fast-growing investee company Circassia Pharmaceuticals, which is pioneering hay fever and cat allergy cures.

Amadeus cashes in on €405m Octo sale to Renova

Andrea Traversone, partner at Amadeus CambridgeCambridge UK technology investor, Amadeus Capital Partners, has cashed in on the sale of Italian business Octo Telematics for €405m to Renova Group.

Crowded house as music-gaming venture raises £285k

Cliff-DennettUK technology that fuses the worlds of music and gaming has raised £285k on the Cambridge crowdfunding site SyndicateRoom.

Further US funding for Intelligent Fingerprinting

Dr Jerry Walker, CEO of Intelligent FingerprintingIntelligent Fingerprinting, a Norwich company developing the world’s first handheld fingerprint-based drug screening device, has secured £750,000 in funding from a consortium of private US-based investors.

Spotify rival raises funding

Psonar-headphonesYoung Cambridge UK technology company Psonar – hailed as the next Spotify – has raised more than £200,000 investment through Cambridge crowdfunding neighbour SyndicateRoom.

Biopharma startup raises $3.1 million

Dr John Ford, CEO of Ario PharmaA new biopharma business has been founded in Cambridge UK to develop innovative approaches to treat respiratory disease.

Thanks a million as Imperial backs Aqdot

 Dr Roger Coulston and Dr Jing Zhang. Image credit: Royal Society of Chemistry.Imperial Innovations has invested £350k and led a new seed funding round of almost £1 million ($1.6 million) into Aqdot Limited.

Inform Direct hits 175 per cent milestone on SyndicateRoom

SyndicateRoom CEO, Goncalo de VasconcelosInform Direct, the Ipswich software company setting out to revolutionise company filing and reporting with Companies House has achieved a remarkable 175 per cent of its funding target on SyndicateRoom in Cambridge UK.

Proxama raises fresh £8.6m for global growth

Neil Garner, Proxama’s chief executiveNext generation mobile payments and marketing specialist, Proxama, has raised £8.6 million to fund what it considers to be significant international growth opportunities. The company’s R & D nervecentre is in Norwich.

Imperial Innovations shows world class with £188m portfolio

Imperial-Nigel-PitchfordImperial Innovations has become one of the most active investors in the Cambridge UK technology cluster.

Eagle doubling headcount with £1m funding

David-Flanders-newEagle Genomics, the Cambridge UK bioinformatics technology business, has completed a £1 million funding round to expand its product line and develop new ones.

Cambridge tech cluster tapped into new $100 million fund

Charles le Strange MeakinThe Cambridge UK technology cluster is one of the key focal points of a new $100 million fund launched by KPMG.

PneumaCare completes £1m financing

PneumaCare CEO Mark HarwoodPneumaCare, a young Cambridge UK medical technology business, has closed a new £1 million financing round to underpin expansion in Europe and North America.

Ithaka inspires new drugs tech venture

Dr Paul RodgersCambridge entrepreneurs have co-founded and helped raise seed funds for a new UK university spin-out in the medical technology arena.

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