Tech Trail
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RUSNANO invests $700m in Plastic Logic
Cambridge plastronics pioneer, Plastic Logic, has confirmed a landmark $700 million (£437.2m) investment from The Russian Corporation of... Read More
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Silicon Valley Bank millions back Icera’s growth
Icera Inc, the soft modem semiconductor company with a Cambridge design hub, has completed a $12 million (£7.7m) debt facility with Silicon... Read More
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Barclays funding backs Dialight’s global growth
Barclays Corporate has secured the banking and arranged £10m of facilities for Dialight PLC in Newmarket to underpin the cleantech company’s global... Read More
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Asterand secures $3m from SVB to pay for BioSeek
Asterand plc, the Royston-based human tissue specialist, plans to settle its final payment for the acquisition of BioSeek in cash after negotiating a... Read More
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Xention Raises £8 Million to progress novel heart drugs
Cambridge-based biopharma Xention Ltd – specialising in the discovery and development of ion channel-modulating drugs – has closed an £8 million... Read More
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Cambridge Broadband Networks raises $16.5m
Cambridge Broadband Networks Limited has secured a $16.5m (£10.53m) investment to fund an aggressive growth plan aimed at capitalising on worldwide... Read More
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Lloyds’ £8m boosts Sagentia
Lloyds TSB has signed an £8 million loan deal with Sagentia Limited, the Cambridge based technology & product development consultancy.... Read More
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Hayward Tyler parent raises cash to fund global expansion
Specialist Energy Group plc, the engineering group that owns Luton-based Hayward Tyler, has raised around £5 million through a placing. The funds... Read More
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Ubisense Raises £5m to grow pioneering technology
Ubisense, the Cambridge based leader in precise real-time location systems, has raised £5m through a share placing to fund expansion. The... Read More
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Miniature droplet technology receives funding
The Royal Society Enterprise Fund has led an investment syndicate backing Cambridge based company, Sphere Fluidics. The University of Cambridge... Read More
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Tristel raises £3.9 million for massive expansion
Tristel plc, which makes infection control, contamination control and hygiene products, has raised £3.9 million before expenses through a share issue... Read More
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New Cambridge biotech raises £22.4m
Convergence Pharmaceuticals Ltd, a new Cambridge company focused on the development of novel and high value analgesic medicines, was officially... Read More
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Horizon closes £6.25m Series C financing
Horizon Discovery, the translational genomics and personalised medicine pioneer, has closed a £6.25m Series C financing led by top-tier European... Read More
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Cambridge Enterprise aiming high
Teri Willey, the switched-on chief executive of Cambridge Enterprise Limited – the university’s commercialisation arm – sees stars wherever she looks... Read More
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Angels banding together to beat the crunch
A band of global business angels is poised to hoist East of England entrepreneurs onto cloud nine by filling a massive funding void. Billions of... Read More
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Skills Academy gets boost
The Norwich-based East of England Skills Academy for Financial Services has received a funding boost from the UK’s largest general insurer, Norwich... Read More
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Workspace concept wins European cash
An international partnership, led by the University of Essex has won a £275k grant from the European commission to create and develop i-Labs, a new... Read More
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Phico to begin trials as funding is raised
Phico Therapeutics is planning to start Phase I clinical trials of its novel 'guided' anti-bacterial technology in September after having closed a £1... Read More
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Light Blue Optics closes funding round
Light Blue Optics, the Cambridge based developer of miniature laser projection technology has announced the closing of a £512k extension to its seed... Read More
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Cambridge start-up making VoIP less tecchie
A Cambridge start-up has announced volume production of its first product a mere matter of months after securing angel financing. The company says... Read More