Microsoft tech innovation ace joins Decorte board as seed funding grows
Cambridge startup Decorte Future Industries (DFI), which extracts health data from sound, has raised significant cash and been handed a massive vote of confidence with Microsoft innovation chief,...
View ArticleAstraZeneca $320m acquisition accelerates cancer cell therapy prowess
Cambridge-anchored Big Biotech AstraZeneca is fast-tracking its ambition in the cancer cell therapy arena with the $320 million acquisition of international business Neogene Therapeutics.The deal – on...
View ArticleGuinness Ventures leads $11.5m funding round for OBRIZUM
Cambridge technology startup OBRIZUM has clinched $11.5m in Series A funding taking its haul to date to $17m.The latest round was led by Guinness Ventures with contributions from existing investors...
View Article$19m Series B for Cambridge GaN Devices to target $50bn market
Fabless semiconductor company Cambridge GaN Devices (CGD), has raised $19 million in Series B funding to start mass production of its range of GaN transistors for power applications.The investment was...
View ArticleNew Darktrace cyber security technology gains traction as ex-CIA man says...
Cambridge cyber security warrior Darktrace has struck gold with its new PREVENT technology which is increasingly being adopted worldwide to head off attackers before they hit and damage corporate and...
View ArticleArm smashes more records in blockbusting Q2
Cambridge superchip architect Arm has posted record royalty revenue in Q2 and CEO Rene Haas says an aggressive investment strategy is paying rich dividends.Automotive is literally driving some of the...
View ArticleAstraZeneca investment in R & D brings handsome returns
Cambridge Big Biotech AstraZeneca is reaping the rewards of a massive global uptick in R & D spend. And it has reinforced its group-wide commitment to advance its net zero strategy.Its money-making...
View ArticleThe role of Artificial Intelligence in achieving Net Zero
This summer we saw further extreme instances of climate change, writes Tania Saigol, Associate – Commercial & Technology team at Birketts LLP. Droughts across Europe, uncontrollable wildfires in...
View ArticleOmega Funds leads £16m Series A round for NRG Therapeutics
Neuroscience company NRG Therapeutics has raised £16 million Series A cash and shifted its base from Cambridge to Stevenage in the process.The round – led by US investor Omega Funds in Boston – is...
View ArticleMarshall Aerospace submits planning application for new home at Cranfield...
Marshall Aerospace has submitted its outline planning Application to Central Bedfordshire Council – paving the way for its relocation to Cranfield University Campus. Up to 1200 people will be based at...
View ArticleHMRC scrutiny of R & D tax relief could hamper growth plans
Innovation is crucial for long-term economic growth. The Government has an ambitious target to raise investment in research and development to 2.4 per cent of UK GDP by 2027, writes Sheetal Sanghvi,...
View ArticleWho is a worker?
Most individuals who work can bring themselves within the legal definition of ‘worker’, in order to qualify for important legal rights like paid holidays and the National Minimum Wage, writes David...
View ArticleAre you looking to reduce your liabilities? Is turnover rent right for you?
A turnover rent is one that is linked to the actual turnover generated by the tenant’s business which they are carrying on at the premises leased to it, writes Sona Vig, Associate with Greenwoods...
View ArticleFrontier pays £11.6m for Canadian studio Complex Games Inc
Cambridge video games developer Frontier Developments plc is paying £11.6 million cash to acquire Winnipeg-based studio Complex Games Inc.The deal follows a successful collaboration between Complex and...
View ArticleShrewd acquisition for RealVNC expands technology reach
Cambridge technology innovator RealVNC has acquired German-owned software that will enable the company to branch out beyond graphical screen sharing and into remote management.It has bought...
View ArticleUnleash gaming performance with Arm Immortalis GPU
Real-time 3D content is the next evolution of visual experiences on our mobile devices, writes Paul Williamson, SVP and GM of the Client Business, Arm. Not just for entertainment and gaming, but across...
View ArticleJagex records its highest ever revenue
Cambridge video game developer and publisher Jagex has reached its highest ever revenue since foundation in 2001.Revenue for 2021 hit £124.86 million – up four per cent on 2020 – and represented the...
View ArticleBusinesses demand US flights and more Asia services from Stansted in £185...
New research conducted by London Stansted and Cambridge& reveals that £185 million in fresh investment could be unlocked with the introduction of new US routes from the airport.Businesses across...
View ArticleNothing lax about Lex as it thrives among academic elite
Louise Chapman, Managing Editor of Cambridge startup Lex Academic, offers the inside track on how the company has grown since foundation in November 2021. It is now around three times the size in...
View ArticleUS energy tech giant pumps £12m into Cambridge’s Levidian
Cambridge-based Levidian’s vision of a decarbonised world powered by hydrogen and built on graphene has received a powerful endorsement via a £12 million investment from US energy technology giant...
View Article