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Pioneering breast cancer business clinches £32m Series B

Cambridge startup business Azeria Therapeutics has secured a blockbusting £32 million Series B financing to expand the global reach of its technology.The ubiquitous and highly supportive Syncona...

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Iotic raises €7.5m to target new technology at $260bn market

Cambridge-based Iotic has secured investment of €7.5 million to accelerate growth and meet increasing demand for its pioneering digital twin technology. Iotic enables enterprises and their ecosystems...

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CIC a unicorn in its own right after wooing £1bn investment to Cambridge

Funding powerhouse Cambridge Innovation Capital has now attracted £1 billion of investment into Cambridge companies and managing partner Andrew Williamson has hired more Silicon Valley talent to ensure...

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WHP Telecoms acquires Sitec Infrastructure Services

Wireless telecoms services business WHP Telecoms has acquired Cambridge UK neighbour Sitec Infrastructure Services in a deal that will create a group with a turnover in excess of £100 million and 500...

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CMR Surgical guns for global leadership with strategic CEO switch

Cambridge UK surgical robotics gamechanger CMR has signalled its intent to dominate global keyhole surgery markets via a fresh phase of growth under a new CEO with crucial multinational manufacturing...

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Triangles, Powerhouses, Corridors and Arcs

Many phrases and tag lines have become commonplace in promoting the excellence and potential of the UK Life Sciences sector to create better patient outcomes and wealth creation, writes Tony Jones, CEO...

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What tenants want to see in a rental property of the future

There has been a noticeable shift in the private rented sector in recent years, writes Anton Frost, Partner, Carter Jonas Cambridge. Developments seem to suggest that the Government is discouraging...

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Paragraf boosts Series A to £16.2m in commercialisation surge

Cambridge UK graphene electronics technology company Paragraf has added £3.4 million to its series A round with Draper Esprit joining as significant investor, bringing the total haul to £16.2m. The...

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Apple lawyer replaces Spectral Edge directors amid takeover speculation

US technology giant Apple, which is growing its space requirements in Cambridge UK, appears to have acquired Spectral Edge, a University of East Anglia spin-out commercialising enhanced image fusion...

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Apple confirms acquisition of Cambridge UK company

Apple has confirmed it has acquired Cambridge UK image technology business Spectral Edge for an undisclosed sum.As we reported yesterday, all the Spectral Edge directors had quit to be replaced by an...

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Illumina paying Pacific Biosciences $98m after duo scrap merger plan

Genomics giant Illumina, which is expanding its Cambridge UK operations, has agreed to call off a proposed $1.2 billion cash takeover of fellow Californian business Pacific Biosciences.The companies...

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Cambridge in world’s top 12 for wooing VC investment

The UK’s technology sector is outperforming all the others in Europe and even those in the US and China – in terms of the increase in venture capital investment it saw in 2019. And Cambridge is one of...

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Abcam strides towards doubling scale of business as CFO jets in from US

Burgeoning first half results have set Cambridge life science influencer Abcam well on the way to achieve its strategy of doubling the scale of its business. Abcam expects to report total first half...

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Say hello to Bollywood: Stansted unveils new route to Mumbai

Air India has expanded its services from Stansted Airport to Mumbai – the economic powerhouse of India and home of Bollywood – just three months after opening up the northern city of Amritsar to the...

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Cambridge blue sky thinking in ‘green skies’ revolution

A top Cambridge brain could hand beleaguered Boeing, the under-fire US airline, a boost for the future manufacture of its 737 aircraft.Research by Dr Chez Hall at the Whittle Laboratory on a potential...

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Cathedral splendour a fitting tribute to Sir Michael Marshall

Cambridge entrepreneur and philanthropist Sir Michael Marshall loved Ely Cathedral and worked tirelessly for its various restoration appeals.His soul and spirit pervaded every inch of the ancient...

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Cranfield or Wyton as Marshall ADG ditches Duxford

Cambridge industrial behemoth Marshall Aerospace and Defence Group has ditched IWM Duxford from a shortlist of three potential new UK locations.It leaves a straight choice between Cranfield and RAF...

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Avacta Group revenues rocket with order intake and sales pipeline strongest...

Avacta Group plc in Cambridge, which develops Affimer® biotherapeutics and reagents, is racking up record revenue figures, according to a trading update for the 17 months to December 31.Revenues for...

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Technology revolutionising management of tax

Digitalisation is having an increased impact on the tax and finance team – tax authorities around the world are using sophisticated digital platforms that require businesses to submit tax data in real...

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£44m UK-China fund ready to invest

A new £44 million UK-China venture capital fund started and steered from Cambridge by entrepreneur Dr Simon Haworth is ready to start investing.Dr Haworth emphasised the key role The Sino-UK fund could...

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