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Arm and CuspAI grab glory at Business Weekly Awards as Raspberry Pi wins double

Arm and CuspAI grab glory at Business Weekly Awards as Raspberry Pi wins double

Cambridge-based startup CuspAI, which has just unveiled $100 million funding from global investors, was named Business of the Year at the 35th Anniversary Business Weekly Awards at Queens' College, Cambridge last night.
Deal with Lilly blossoms as Alchemab raises a further $32m and extends Series A to $114m

Deal with Lilly blossoms as Alchemab raises a further $32m and extends Series A to $114m

Cambridge biopharma company Alchemab Therapeutics has raised an additional $32 million to help advance its portfolio and has progressed a mega-deal with Eli Lilly and Company. The raise takes its Series A round past the $114m mark.
CuspAI confirms $100m+ raise from global heavyweights as Hyundai joins throng

CuspAI confirms $100m+ raise from global heavyweights as Hyundai joins throng

Cambridge-based AI for materials science company CuspAI has confirmed a $100 million+ Series A round – led by global heavyweights NEA and Temasek, with participation from NVIDIA’s NVentures, Samsung Ventures and new backer Hyundai Motor Group.
NRG Therapeutics clinches oversubscribed $67m Series B

NRG Therapeutics clinches oversubscribed $67m Series B

NRG Therapeutics, a neuroscience company targeting a novel mechanism to address mitochondrial dysfunction, has closed an oversubscribed $67 million (£50m) Series B financing round.
$600m raise and $10bn valuation for Quantinuum globally propels Cambridge and UK quantum computing

$600m raise and $10bn valuation for Quantinuum globally propels Cambridge and UK quantum computing

UK Science Minister Lord Vallance has led the praise for Cambridge and Colorado based quantum computing trailblazer Quantinuum which has unveiled a $600m global fundraise at $10 billion pre-money equity valuation.
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Manufacturing
Cambridge scientists say 'Virtual child' and other AI initiatives can create new drugs
10 Sep 2025 - 12:00
Artificial cartilage to blitz conditions such as arthritis could be worth billions
09 Sep 2025 - 12:00
King’s College Cambridge and Founders at the University of Cambridge unveil inaugural SPARK cohort
20 Aug 2025 - 12:00

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Arm and CuspAI grab glory at Business Weekly Awards as Raspberry Pi wins double

Arm and CuspAI grab glory at Business Weekly Awards as Raspberry Pi wins double

Cambridge-based startup CuspAI, which has just unveiled $100 million funding from global investors, was named Business of the Year at the 35th Anniversary Business Weekly Awards at Queens' College, Cambridge last night.
Double diamonds: Big hitters spearhead new era for Cambridge Innovation Capital

Double diamonds: Big hitters spearhead new era for Cambridge Innovation Capital

Venture Capital doyen Cambridge Innovation Capital, which invests in major DeepTech and life sciences companies, has made two senior appointments.
Lithuanian multiomics data analysis company VUGENE bases CSO in Cambridge

Lithuanian multiomics data analysis company VUGENE bases CSO in Cambridge

Lithuanian multiomics data analysis pioneer VUGENE reveals that its Chief Scientific Officer, Ingrida Olendraitė, is permanently locating to Cambridge in response to growing interest from both the region’s academic and industrial research bases. This move follows a recent €1 million funding by the company.
US trade beckons for Cambridge-North Carolina delegation

US trade beckons for Cambridge-North Carolina delegation

Cambridge innovators are being handed the opportunity to unlock fresh US trade opportunities via a delegation to North Carolina organised by St John's Innovation Centre.
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Tech trail

Double diamonds: Big hitters spearhead new era for Cambridge Innovation Capital

Double diamonds: Big hitters spearhead new era for Cambridge Innovation Capital

Venture Capital doyen Cambridge Innovation Capital, which invests in major DeepTech and life sciences companies, has made two senior appointments.
Deal with Lilly blossoms as Alchemab raises a further $32m and extends Series A to $114m

Deal with Lilly blossoms as Alchemab raises a further $32m and extends Series A to $114m

Cambridge biopharma company Alchemab Therapeutics has raised an additional $32 million to help advance its portfolio and has progressed a mega-deal with Eli Lilly and Company. The raise takes its Series A round past the $114m mark.
CuspAI confirms $100m+ raise from global heavyweights as Hyundai joins throng

CuspAI confirms $100m+ raise from global heavyweights as Hyundai joins throng

Cambridge-based AI for materials science company CuspAI has confirmed a $100 million+ Series A round – led by global heavyweights NEA and Temasek, with participation from NVIDIA’s NVentures, Samsung Ventures and new backer Hyundai Motor Group.
NRG Therapeutics clinches oversubscribed $67m Series B

NRG Therapeutics clinches oversubscribed $67m Series B

NRG Therapeutics, a neuroscience company targeting a novel mechanism to address mitochondrial dysfunction, has closed an oversubscribed $67 million (£50m) Series B financing round.
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Trade floor

HVSS Group plugs into Mills & Reeve for acquisition of electrical contractor

HVSS Group plugs into Mills & Reeve for acquisition of electrical contractor

Law firm Mills & Reeve has advised independent connection provider HVSS Group on its maiden acquisition of a Norwich specialist electrical contractor. Northamptonshire-based HVSS Group has bought AM Electrics (Renewables) in a move that will further enhance its capabilities in delivering integrated infrastructure solutions.
South Korea's Telechips puts Arm tech behind the wheel

South Korea's Telechips puts Arm tech behind the wheel

Cambridge superchip architect Arm reveals that Telechips, a global fabless semiconductor manufacturer specialising in automotive, has chosen a leading-edge suite of Arm® IP for its nextgen automotive system-on-chip (SoC), the Dolphin5.
Schneider Electric joins the Kew and plants seeds of progress for Royal Botanic Gardens

Schneider Electric joins the Kew and plants seeds of progress for Royal Botanic Gardens

Schneider Electric has unveiled a strategic partnership with Royal Botanic Gardens, Kew (RBG) to help it become climate positive by 2030.
SeqOne in France buying Sanger spin-out Congenica to create world leader in AI-powered genomic medicine

SeqOne in France buying Sanger spin-out Congenica to create world leader in AI-powered genomic medicine

Cambridge-based Congenica is being acquired for an undisclosed sum by French company SeqOne but the new entity will retain a base at the Wellcome Sanger Institute from where it was spun out.
Wellcome Sanger Institute chooses Quantinuum for genomics revolution

Wellcome Sanger Institute chooses Quantinuum for genomics revolution

The Wellcome Sanger Institute has chosen Quantinuum's quantum computer option to explore fresh solutions in complex genomics in a global triumph for Cambridge.
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