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NASDAQ-quoted engineering business to buy Granta Design in Cambridge
A NASDAQ-quoted innovator of engineering simulation software based in Pittsburgh is buying University of Cambridge spin-out Granta Design. No sums have been disclosed for the acquisition.Spun out of...
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Designing a post-Brexit immigration system
The White Paper published on December 19 contains proposals for a new regime that will apply to EU nationals arriving in the UK after Brexit, writes Clare Hedges, senior associate and head of...
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Horizon unveils new CFO alongside 61 per cent revenue boom
Cambridge UK gene editing pioneer Horizon Discovery has announced a revenue spike of more than 60 per cent and a new CFO in another headline grabbing day.Horizon expects to report revenues of around...
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MoD fuels Marshall success as £35m Boeing liaison continues to take wing
Marshall Aerospace and Defence Group in Cambridge is to supply the MoD with fuel tanks that will allow aircraft to hunt for submarines for long periods, the Minister for Defence Procurement Stuart...
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Sosei Heptares and Medicxi form €40m neuro disease venture
Cambridge brainpower is spearheading a €40 million play to fight neurological diseases.Sosei Heptares, whose R & D mothership is in Cambridge, is partnering with Medicxi – whose founding partner...
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New DNA search engine a ‘bug-busting Google’
A new search engine which effectively acts as a Google for bug-busting genomic scientists has been unveiled by researchers at EMBL’s European Bioinformatics Institute at the Wellcome Trust Genome...
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Fetch.AI’s ICO could be a first for Cambridge
Cambridge-based artificial intelligence startup Fetch.AI launches an Initial Coin Offering on Binance Launchpad on February 25 and believes it may be the first ICO by a company based in Cambridge.The...
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Raspberry Pi takes Amazon trail with High Street launch
Raspberry Pi, Cambridge pioneer of the world’s smallest but most powerful micro computer, has followed a trail blazed by global e-retailer giants like Amazon by opening a bricks and mortar shop in the...
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Global scale-up by PragmatIC after $17m fundraise
Flexible electronics pioneer PragmatIC has further ramped global production from its Cambridge UK base after raising an additional $17 million.Cambridge Innovation Capital led the latest round for...
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Luminance closes Series B at $100m to expand legal AI
Cambridge-based legal AI technology business Luminance has raised a fresh $10 million from existing investors Invoke Capital, Talis Capital and Slaughter and May to wrap up a $100m Series B round. The...
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Back to the future as nCipher blasts out of Thales
nCipher Security, a business originally founded in Cambridge in 1996, has relaunched as a standalone company, more than a decade after being acquired by Thales for upwards of £76 million.The company,...
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20,000 new jobs and £2.8bn payback if Oxbridge hits demand for new labs
Science & Technology companies will create 20,000 jobs in the Cambridge and Oxford clusters in the next four years and create £2.8 billion for the economy – but only if developers can meet their...
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MedImmune absorbed into AZ mothership as Cambridge expansion continues
MedImmune’s corporate brand is being retired as biologics are integrated into AstraZeneca’s two new research and development units.AstraZeneca, which is building major corporate and research facilities...
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Prince of entrepreneurs aims to become king of the castle
Cambridge technology company Grapeshot created 27 millionaires among staff and investors from inception in 2002 to last year’s sale to American corporation Oracle, founder John Snyder has...
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Cancer AI business set for significant funding round
Cambridge Cancer Genomics, which is transforming the way cancer patients are treated using artificial intelligence, is soon to embark on a fresh round of fundraising to fuel its R & D activities in...
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Arm meets Harry Potter as Disley conjures new magic
A Cambridge company that has mastered the Holy Grail of direct cell conversion has unveiled Darrin Disley as CEO, clinched almost $4 million seed funding after a second close and cornered markets worth...
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Cambridge life science cluster a $10 billion powerhouse
The Cambridge life science cluster has become a $10 billion powerhouse in the last 12 months and is attracting record levels of interest from investors and potential acquirers across the...
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CCS raises over $10m to underpin further growth
Cambridge Communication Systems (CCS) has raised more than $10 million to back continued expansion in its technology and territories covered. The strategic funding round includes support from existing...
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Business Weekly Awards shortlist announced
The Business Weekly Awards shortlist, just announced, precisely reflects why Cambridge and the East of England innovation cluster is rated so highly on the global stage.Wherever one looks, there is...
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Japanese parent opens new OGT facility and plots global R & D base at...
Japanese-owned Oxford Gene Technology (OGT), a molecular genetics business, is expanding its Cytocell® operations in Cambridge with a move to a new facility at the Science Park.And parent company...
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