New science and technology park for Cambridge
Life science innovator o2h is engineering a new science & technology park in Cambridge UK.
The Cambridge Science Park-based business has acquired the 2.76 acre heritage Hauxton Mill site and plans to develop it into the o2h SciTech Park to create one of the region’s most exciting community of entrepreneurs in life-science, technology and social enterprise.
o2h has unveiled ambitious plans to restore the derelict mill buildings – dating back to the 16th century.
The business blueprint also offers a societal spin-off. There are plans to open a café to the public along one of the most popular heritage walking routes in Cambridge.
o2h says its SciTech Park will create a new and unique landmark in Cambridge and include three major buildings – Hauxton House, The Old Mill Warehouse and The Cell.
Co-working and biology lab spaces will be available to entrepreneurs in what is designed to be a highly stimulating, collaborative and innovative culture.
o2h has made more than 20 seed investments predominantly with a connection to the Cambridge region. It says it will continue to invest and support a number of the in-house entrepreneurs in the o2h SciTech Park community.
o2h seeds new ideas in science, technology and social enterprise. It works across boundaries and takes a collaborative and shared approach to innovation and co-invests, co-creates and co-executes to bring these ideas to life.
The business is co-located in Cambridge UK and in Ahmedabad, India and has six verticals covering venture, discovery (services), therapeutics, technology, co-work and community. CEO Sunil Shah said: “We are really excited to acquire the Hauxton Mill site; this is a key part of the o2h ecosystem in which we enable and nurture great science and technology companies to flourish.
“The co-work space at the o2h SciTech Park, allied to our research, seed investment and technology capabilities provide startups with the best possible chance to move from seed stage to commercial success.”
The initiative has been applauded by super angel Dr Jonathan Milner who said: “I am super excited about the o2h SciTech Park which will enhance still further the Cambridge eco-system for nurturing world-class life science companies and entrepreneurs.
“The park will give the greatest possible opportunity for innovation, growth and both regional and international collaboration, whilst o2h’s successful track record in nurturing and building businesses will help in generating the next wave of pioneering Cambridge-based life science companies.
“I already have a number of co-investments with o2h and look forward to collaborating on many more in the future.”
• PHOTOGRAPH SHOWS: Sunil Shah