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Baroness Poppy Gustafsson signs £7.5bn deal with Sumitomo of Japan for UK infrastructure and clean energy projects
Minister for Investment Baroness Poppy Gustafsson, former CEO of Cambridge cyber security specialist Darktrace, today signed a new partnership with top Japanese trading company Sumitomo Corporation which secured £7.5 billion investment into key UK infrastructure and clean energy projects.
Secondmind opens base in Detroit
Cambridge-based automotive technology company Secondmind has set up its first United States operational presence. Based in Detroit, Michigan, the move is catalysed by the recent signing of a major Tier 1 supplier as a licensee of the company’s cloud-native model-based engineering software and an expanding pipeline of OEM and Tier 1 customers and partners.
Optibrium raises multimillions to accelerate growth
Cambridge company Optibrium has clinched a multi-million-pound financing package from UK bank Shawbrook to accelerate business growth.
Superdielectrics launches revolutionary battery technology
Cambridge-based energy storage technology company, Superdielectrics, has launched its next generation aqueous polymer battery, the Faraday 2, to kickstart a fresh phase of the CleanTech revolution.
Sanger Institute and collaborators discover new drug target for eye cancer
Cambridge-driven research has identified a novel target with therapeutic potential for metastatic eye melanoma — an aggressive eye cancer — with implications for a range of other cancers.
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Cranfield-led project pioneers new approach to diagnosing river health
08 Jul 2025 - 12:00
BugBiome to test lead bioinsecticide in sugar beet trials with NIAB
08 Jul 2025 - 12:00
Prepare young for the age of AI says Raspberry Pi Foundation
08 Jul 2025 - 12:00
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Vision of the future with Cambridge hi-tech eye test
Addenbrooke’s in Cambridge has become the first UK hospital to use digital technology that enables patients to test their own vision in minutes while waiting to see their eyecare clinician.
Epitopea strengthens top teams in fresh growth push
Epitopea, a transatlantic cancer immunotherapeutics company, has formed a dedicated clinical team and expanded its research team. The developments represent a significant milestone in the company’s ongoing progress in advancing its RNA-based immunotherapies, known as CryptiVaxTM, into clinical trials.
Mills & Reeve advises on $18m raise for Colorifix
National law firm Mills & Reeve has advised on an $18 million Series B2 funding round for biotech firm, Colorifix – a 2023 Earthshot finalist – to help commercialise its sustainable dyeing technology.
Complement Tx set to initiate clinical trials with novel gene therapy in fighting macular degeneration
These are exciting times for biotech business Complement Therapeutics, which stands on the cusp of an important milestone in its area of expertise on both sides of the Atlantic.
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Tech trail
From trout to tattoos as Active Needle makes good vibrations a big hit
To say Oxford Innovation-based company Active Needle is ultra-sound is an understatement. The young business has the potential to be a global game-changer in a number of science & technology arenas from cancer to aquaculture.
Mills & Reeve advises on $18m raise for Colorifix
National law firm Mills & Reeve has advised on an $18 million Series B2 funding round for biotech firm, Colorifix – a 2023 Earthshot finalist – to help commercialise its sustainable dyeing technology.
Optibrium raises multimillions to accelerate growth
Cambridge company Optibrium has clinched a multi-million-pound financing package from UK bank Shawbrook to accelerate business growth.
University of Cambridge spin-out eyes Japan’s manufacturing giants
Accelerated Materials - founded in 2020 by Dr Nicholas Jose with Cambridge University colleagues Professor Alexei Lapkin and Dr Mikhail Kovalev – has since developed a platform to help manufacturers overcome a perennial challenge: how to scale laboratory breakthroughs into industrial processes that are both commercially viable and cost-effective. And it’s making good progress in expanding its business in Japan.
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Trade floor
SPT Labtech and Semarion unite to combat unmet drug screening requirements
SPT Labtech, a global leader in innovative laboratory automation, has announced a strategic collaboration with Semarion, a University of Cambridge spin-out company from the Cavendish Laboratory, combining materials engineering and cell biology to tackle unmet drug screening needs.
CuspAI and Kemira join forces in AI-driven materials innovation
Cambridge artificial intelligence trailblazer CuspAI has unveiled a strategic alliance with Finnish-headquartered global company Kemira for a water industry first.
BugBiome to test lead bioinsecticide in sugar beet trials with NIAB
BugBiome, an AgriTech innovator developing novel bioinsecticides from crop-associated microbes, is field testing its lead product against aphids with experienced crop trial specialist and Cambridge neighbour Niab thanks to a new Innovate UK grant.
Drug discovery coup as Cresset acquires German company
Cambridge-based Cresset has acquired Munich-headquartered Molab.ai for an undisclosed sum.
Codasip invites potential acquirers to show themselves
German technology company Codasip, which has a design centre in Cambridge, is selling the business despite being cash-rich and under no obvious pressure. It appears the move has been triggered by talk of an acquisition of the Munich business.
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