Cambridge UK tech company Nu Quantum is expanding into the US market via Los Angeles. The quantum entanglement startup says there is a thriving quantum hub in LA which offers easy access to other technology hotspots like Silicon Valley.

Cambridge biopharma company PhoreMost, has added $12 million to its Series B financing, bringing the total raised to over $50m.

Academic and research bodies in the East of England are producing record billions for the UK economy, with the Cambridge Cluster to the fore. Drilling down to funding raised by Cambridge companies with institutional links alone, a staggering $1.35 billion has been harvested by pioneering corporate innovators in the last 12 months.

Cambridge scientists have won three major awards from the Royal Society – the UK’s national academy of sciences. The Wellcome Sanger Institute has toasted its associations with two prominent winners – Professors Sir Mike Stratton and Sam Behjati. Sir Greg Winter, who first put the gears on Bicycle Therapeutics was awarded this year’s Copley Medal.