Arm posts record revenues and profits in FY21
Defiant bosses at Cambridge superchip architect Arm have delivered a timely boost to parent company SoftBank’s ambitions for a $60 billion Wall Street IPO.Despite being forced into wholesale staff cuts...
View ArticleAstraZeneca commits $157m plus royalties to antibody startup RQ Bio
Cambridge-based Big Biotech AstraZeneca has handed UK startup RQ Bio a flying start to its mission to transform treatment of potentially fatal viral infections.RQ Bio has emerged from stealth with a...
View ArticleSo why sell?
The wheels keep turning in the world of corporate finance and most advisers, like us at Ashcroft, are still reporting heady times, writes Tom Gallop, Head of Corporate Finance, Ashcroft Partnership...
View ArticleBicycle Therapeutics plans jobs surge both sides of the Atlantic
Bicycle Therapeutics revealed a double power play on both sides of the Atlantic after showcasing its new Cambridge headquarters at Granta Park.Chief executive Kevin Lee and chair Pierre Legault laid...
View ArticleThe importance of IP rights in supporting trade success
Companies large, medium and small from the Cambridge area have been incredibly effective in creating and serving international markets for their goods and services, writes Stephen Hodsdon of Patent and...
View ArticlePost-pandemic growth strategies
Whilst Covid-19 remains a disease to be mindful of, the worst of its devastating and disruptive effects are behind most business owners, writes Philip Olagunju, Partner with PEM Corporate Finance. The...
View ArticleSosei Heptares takes Cancer Research UK’s Granta Park building
Japanese-owned Cambridge life science company Sosei Heptares today expanded its UK R & D operations into a second site within Granta Park – to The Cori Building, previously occupied by Cancer...
View ArticleUS semiconductor company AMD hiring for new Cambridge base
Silicon Valley semiconductor heavyweight AMD (Advanced Micro Devices, Inc) wants around 40 top engineers and other key staff for its new Cambridge operation.The Californian business has put down roots...
View ArticleTransine Therapeutics wraps up £13.7m seed round
Cambridge-based biotech Transine Therapeutics has raised an extra £4.6 million to take its seed round to a final close of £13.7m.The company is developing a novel class of therapeutic RNAs based on its...
View ArticleDyeing for growth: Colorifx to treble team after £18m Series B
Cambridge Enterprise has participated in an £18 million Series B investment round for University of Cambridge spin-out company Colorifix. The round, led by H&M Group via investment arm H&M...
View ArticleTransition Bio unveils $50 million Series A investment round
Japanese and US venture capital specialists have invested $50 million in Series A growth finance to fuel expansion at Transition Bio, which has operations in Cambridge, Massachusetts and Cambridge...
View ArticleSpirea raises £2.4 million to develop next generation ADC therapeutics
Cambridge-based Spirea Limited, which was created to advance a new generation of antibody drug conjugate (ADC) therapeutics, has secured £2.4 million funding from UK and US investors.The investment was...
View ArticleDevOps star Gearset strikes gold with $55m Boston-backed investment
Gearset, the Cambridge-based DevOps solutions provider for Salesforce, has closed a $55 million growth investment led by Silversmith Capital Partners, a Boston US-based growth equity firm. Based at the...
View ArticleF-star agrees $161m cash sale to Hong Kong giant’s subsidiary
Cambridge life science company F-star Therapeutics has agreed to sell the business for $161 million cash to invoX Pharma, a subsidiary of Hong Kong’s Sino Biopharm. F-star will continue to grow from...
View ArticlePerks, cash and an eye on the US for digital health doyen Boutros Bear
Cambridge digital health startup Boutros Bear is on the cusp of taking a new funding round to £1.95 million and has its eyes on expansion into the US.The company has already raised more than £1.5m in...
View ArticleSpeechmatics raises $62m fresh capital in US-Asia Pacific push
Cambridge speech recognition technology pioneer Speechmatics has raised $62 million Series B cash to facilitate a further uptick in capability as well as territorial expansion in the US and...
View ArticleSiFive chips into Cambridge to take on Arm in its own backyard
Cash rich Californian RISC-V computing company SiFive has opened a UK R & D centre in Cambridge and plans to hire more than 100 people within two years.The Register has reported that chip designer...
View ArticleAstraZeneca acquisition of TeneoTwo could stack to over $1.2bn
Cambridge’s flagship Big Biotech company AstraZeneca has further strengthened its cancer medicine pipeline with the acquisition of US company TeneoTwo – a deal that could stack up to more than $1.26...
View ArticleInternational commercial agreements: Don’t overlook these clauses
With the US being the UK’s largest single trading partner, Birketts LLP Associate Tania Saigol – dual qualified in English law and US law (New York)– outlines the key clauses to include in commercial...
View ArticleThrilled to BITS as Computacenter acquires $245m revenue US business
Hertfordshire-based tech company Computacenter plc has paid an undisclosed sum to acquire one of the fastest-growing value-added resellers in the US –Business IT Source (BITS). BITS employs around 100...
View Article