News
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Injection of sense as European powers buy into vaccine vision
Cambridge medical technology powerhouse AstraZeneca has reached an agreement with Europe’s Inclusive Vaccines Alliance (IVA) – spearheaded by... Read More
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Feedback raising £5.59m global growth capital
Cambridge MedTech business Feedback plc has conditionally raised £5.05 million through a placing and aims to realise a further £0.54m through an open... Read More
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NodThera $55m Series B bears out CEO’s forecast
When life science powerhouse Dr Adam Keeney became NodThera CEO in September 2018 he said the company had all the credentials to become a world... Read More
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Innovate UK finances new online coding platform for children
Technology start-up The Code Zone is launching a new interactive coding platform for children (age 6 –14). The Code Zone Online has just... Read More
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Startup advances hologram technology to foil fraudsters
East of England startup Iris Photonics says it has broken the mould in security hologram technology. Developed by a father and son team, together... Read More
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$2.6m Michigan deal for 1Spatial
Cambridge location software business 1Spatial has won a $2.6 million five-year contract with the US State of Michigan. The new deal builds on a... Read More
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Johnson Matthey axing 2,500 jobs as profits nosedive
Cambridge-based global industrial heavyweight Johnson Matthey is axeing 2,500 jobs – a sixth of its workforce – to “maintain competitiveness” against... Read More
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Stobart Group to invest tens of millions at Southend Airport
London Southend Airport owner Stobart Group has raised £140 million and will invest tens of millions over the coming years to put in place an... Read More
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US antibody ace leverages Cambridge base
A young but big hitting US life science player is growing a UK team from a new base at Granta Park in Cambridge. Alloy Therapeutics, formed in... Read More
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Iconic US investors back Cambridge-based Bit Bio’s $41.5m raise
Cambridge UK synthetic biology startup Bit Bio – formerly Elpis Biomed – has raised $41.5 million growth capital backed by iconic US life science... Read More
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Summer launch target for Avacta coronavirus diagnostic test
A transatlantic alliance between Avacta in Cambridge UK and Adeptrix in Massachusetts has accelerated progress of a new diagnostic test for... Read More
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Shares rocket as AVEVA almost doubles profits in a year
Cambridge-based industrial software business AVEVA produced a blockbusting set of results for the year to March 31, almost doubling profits on... Read More
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Aqdot raising £7m and renews lease within Iconix 2
Cambridge property developer and investor Howard Group confirms the renewal of Aqdot’s lease within the Iconix 2 Building at Unity Campus in... Read More
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BAS staff come in from the cold after Antarctic vigil
After a three week journey more than 100 British Antarctic Survey staff have sailed home aboard the MS Hebridean Sky and RRS James Clark Ross to be... Read More
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Cambridge duo in automotive cyber security drive
Cambridge-based UltraSoC and Canis Automotive Labs have joined forces to counter one of the most serious cybersecurity vulnerabilities in the... Read More
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Stan’s the man for Cambridge technology innovation
One of Cambridge’s celebrated serial entrepreneurs is Stan Boland, whose hands-on involvement in the technology cluster began when he joined Acorn... Read More
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Fresh odyssey for soaraway Frontier Developments
Cambridge videogames developer Frontier Developments plc has beaten its own forecasts for the year to May 31 according to a trading update. And... Read More
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Amino revenues lifted by transition to software-led model
The UK share price for Amino Technologies plc headed slightly north at the start of trading after a promising trading update for the six months to... Read More
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Cambridge spearheads landmark cancer initiative
Sanger Institute spin-out Microbiotica has joined forces with Cancer Research UK and Cambridge University Hospitals NHS Foundation Trust to pilot a... Read More
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University brain power can revive UK after COVID-19 says Lord Bilimoria
University inspired innovation and creativity will propel the UK onwards despite the current coronavirus pandemic, according to Lord Karan Bilimoria... Read More