News
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Millions invested in Optibrium growth push
Optibrium™, a Cambridge-based developer of software for drug discovery, has raised millions from Kester Capital, a leading UK mid-market private... Read More
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Qualcomm stockholders cash in on fabulous Q1
Qualcomm Incorporated, which has multiple locations in Cambridge, has revealed a blockbusting first quarter of 2021 to December 27 – and shareholders... Read More
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£20m boost as Illumina unveils more genomics startups for Cambridge and US accelerator
Illumina, Inc. whose European research HQ is in Cambridge, has chosen nine new genomics companies to join the second global funding cycle of Illumina... Read More
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New antigen test fast-tracked globally for range of diseases
Cambridge’s Avacta Group and Bedford-bsed ally Mologic have joined forces to accelerate commercialisation of a novel diagnostic test identified as... Read More
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Redcat bounce with £200m investment for UK pub venture
East of England law firm Birketts has proved LA influential by advising Redcat Pub Company Limited on a private equity investment of £200 million... Read More
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£65m life science building approved for Cambridge Biomedical Campus
Liberty Property Trust and Countryside Properties, the developers of the Cambridge Biomedical Campus expansion, have been granted planning consent... Read More
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New wave of 13,500 jobs in Felixstowe freeport bid
A new freeport for the East of England could create 13,500 jobs in the region as part of an investment of more than half-a-billion pounds. The... Read More
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Women entrepreneurs still facing capital punishment
Women entrepreneurs in the UK are only receiving one per cent of all available venture capital funding in the UK and the issue is being addressed by... Read More
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Australian world leader adopts CMR’s surgical robotics technology
Cambridge surgical robotics pioneer CMR has broken into the lucrative Australian market. Australia has become the fifth global market to introduce... Read More
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Inivata takes Series C to $60m with fresh $35m raise
Cambridge liquid biopsy business Inivata has raised $35 million in a second close of a Series C financing round. The round was led by Soleus... Read More
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Broadband legend wades out of hot water with Webb feat
Cambridge Broadband Networks Group (CBNG) is continuing its bounceback from last year’s administration process by further strengthening its top team... Read More
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GW Pharma swings to Jazz for $7.2bn
Cambridge business GW Pharmaceuticals, whose medicines are based on cannabis, has agreed to sell to the Irish company Jazz Pharmaceuticals – which... Read More
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Recruitment company seals fresh growth funding
A second funding deal in 18 months for Huntingdon-based recruitment firm CJ Logistics Solutions, brokered by Reach Commercial Finance, has delivered... Read More
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Darktrace picks London for $5bn IPO
Cambridge’s trailblazing cyber security company, Darktrace, has settled on a London IPO in the first half of 2021 that will value the business at a... Read More
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Creightons adds gloss and makes eyes at beauty firm
Creightons plc in Peterborough is weighing up its options over a potential second bid for InnovaDerma, a global maker of Skinny Tan and other health... Read More
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AstraZeneca to make up to $780m by selling Viela Bio stake
A near-$3 billion sale of AstraZeneca spin-out Viela Bio in Maryland will bring a tidy windfall to the Cambridge Big Biotech company. Nasdaq... Read More
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AgriTechE showcases innovation to Eastern European bloc
Cambridge agricultural technology thought leader AgriTechE is showcasing best practice to V-4 countries Poland, Hungary, Slovakia and the Czech... Read More
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Illumina unveils startup initiative in China
Genomics giant Illumina is expanding its celebrated startup catalyst to China having proved the concept in the US and Cambridge uK. The company has... Read More
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Avacta JV raises $7.3m for cell and gene therapy push
A Cambridge UK-Korea joint venture promising great things in nextgen cell and gene therapy technology has been rewarded with major cash backing in a... Read More
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MacroArt nets £1m of new business despite pandemic
Investment in people and equipment will support the growth plans of leading local wide-format print, graphics, and visual communications specialist... Read More