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Cambridge entrepreneur targets crowd cash for InsurTech startup
Cambridge serial entrepreneur Goncalo de Vasconcelos is poised to raise crowdfunding cash for a new UK business venture – an InsurTech startup that is being incubated in stealth.But he won’t be using...
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University of Essex spearheads $16.5m ‘brain gain’ projects
The co-founder and co-director of a world-class University of Essex lab is pioneering Brain-Computer Interfaces for the UK and US governments in two large projects worth $16.5 million. The projects...
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Mogrify wins $1.1m funding boost for musculoskeletal work
Mogrify, a transformative cell therapy company based in Cambridge, has clinched $1.1 million additional funding to accelerate assessment of regenerative cartilage therapy.Cartilage defects,...
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Home Secretary urged to bar US bid to extradite Mike Lynch
Former Brexit Secretary David Davis has made an impassioned plea to the Home Secretary to ensure Cambridge entrepreneur and former Autonomy boss Dr Mike Lynch is not extradited to the US to face trial...
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Cambridge Mask Co. ramps production to help combat coronavirus epidemic
Face masks made by a Cambridge company and based on military-standard technology have triggered a massive ramp-up in production worldwide as customers cumulatively try to order millions of them to...
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BioMedTech in the East of England: Why these Twenties could be transformational
A century ago we saw the start of the Roaring Twenties, driven by rapid technological and social change that gave us the discovery of the enzyme Lysozyme, the first antibiotic and sliced bread.Many...
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Use of biometric data: The law in action
The GDPR re-categorised biometric data as special category data and recent months have seen the ICO bringing its first enforcement action for (mis)use of such data, writes Brett Butcher, solicitor with...
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Horizon Discovery ponders US public offering
Cambridge-based gene editing world leader Horizon Discovery is considering issuing an indeterminate number of shares in the US to raise millions of dollars of extra working capital.Over 50 per cent of...
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East of England firms urged to enter EY Entrepreneur of the Year Awards
Nominations close for this year’s EY Entrepreneur of the Year Awards programme at the end of February and I’m reminded of some of the amazing, innovative and inspirational business owners that I’ve had...
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Lynch submits to arrest but fights extradition to US
Cambridge technology entrepreneur Dr Mike Lynch has today submitted himself for arrest but his lawyers stress that this is a formality required as part of the extradition process initiated by the US...
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AI for commercial life sciences: 3 trends you can’t ignore in 2020
As we enter a new decade, our belief in the the impact of Artificial intelligence is getting stronger. Supporting the industry to drive the right drug to the right patient at speed is a huge...
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Put your shirt on intelligent clothing that really does wash
A Cambridge startup officially still in stealth is raising seed capital to exploit intelligent, always-fitting clothing with embedded AI controls, which it claims is machine washable and can be tumble...
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AstraZeneca wizard of Oz as £100m investment leads post Brexit charge
UK Big Biotech business AstraZeneca, rooted in Cambridge, has invested £100 million into its state-of-the-art manufacturing facility in Sydney, Australia to help Britain boost trade with global markets...
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Inotec clinches £7m to advance chronic wound technology globally
Inotec AMD, a Cambridge medtech business that has developed a device to heal and treat complex chronic wounds, has secured £7 million in a funding round led by Praetura Ventures.The Cambridge Research...
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CMR cracks £139bn NHS market with revolutionary surgical robotics system
The NHS, nursing a £139.3 billion budget this year, has embraced transformative keyhole surgery technology from Cambridge unicorn CMR Surgical.Hospitals in Edinburgh and Milton Keynes have become the...
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Chips with everything as Arm smashes its own shipment record
Cambridge’s global technology influencer Arm smashed its own record for the number of chips circulated to customers worldwide in the fourth quarter of 2019.Arm silicon partners shipped a record 6.4...
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San Francisco backer chips into Evonetix $30m Series B
Cambridge synthetic biology business Evonetix is ramping up its DNA on a chip technology proposition after closing a $30 million Series B round led by new investor Foresite Capital which is anchored in...
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East of England region could net £345m from UK-US free trade deal
Cambridge and East of England companies will be in the front line of the UK’s battle for big-bucks deals under a free trade agreement with the United States, PM Boris Johnson believes.The Government...
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CML Microsystems acquires Plextek RFI
CML Microsystems Plc, an Essex business which designs, manufactures and markets semiconductors primarily for global comms and solid state storage markets, has acquired Cambridge technology cluster...
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Five raises $41m as Chinese and Russian backers climb aboard
Five – the autonomous vehicle technology pioneer with its largest UK operation in Cambridge – has raised $41 million Series B funding. Five – initially known as FiveAI – aims to use the cash to...
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