£300m investment vehicle for science and tech spinouts launches
A £300m investment vehicle to help university spinout companies in the South of England and Wales has been launched.
SETsquared - a partnership between the universities of Bath, Bristol, Cardiff, Exeter, Southampton, and Surrey - and regional investment firm QantX are behind the initiative.
The aim is to catalyse the creation and growth of science and technology firms addressing global challenges.
Sir Richard Olver, chair of QantX, announced the details of the investment vehicle at Bristol City Hall on Friday (October 11) at the Regional Investment and Health & Life Sciences Summit.
Science minister Lord Patrick Vallance, who was in attendance, said: “The UK is home to brilliant innovators, and this investment vehicle that brings together six universities wit
Recommend
Reusable mask maker that supplies NHS secures £1.6m
2025-03-31 18:11:52
2025-03-31 18:11:52
Newcells Biotech secures £1.2m follow-on investment to build customer base
2025-03-31 18:11:52
2025-03-31 18:11:52
Sir James Dyson says Labour 'killing off family businesses' with inheritance tax
2025-03-31 18:11:52
2025-03-31 18:11:52
Stanlow refinery owner EET Fuels seals $650m funding deals – as reports suggest Hynet cluster could get billions of pounds in Government backing
2025-03-31 18:11:52
2025-03-31 18:11:52
'Success isn't hidden formula', says pension app founder after raising £1.8m
2025-03-31 18:11:52
2025-03-31 18:11:52
Virgin Money's takeover by Nationwide building society is completed
2025-03-31 18:11:52
2025-03-31 18:11:52
Channel 4 invites black British entrepreneurs to apply for TV ad scheme worth £150k
2025-03-31 18:11:52
2025-03-31 18:11:52
Manchester’s Gaia Learning secures £550k venture capital funding
2025-03-31 18:11:52
2025-03-31 18:11:52
Bristol tech firm 3radical collapses as parent company suspends shares on AIM
2025-03-31 18:11:52
2025-03-31 18:11:52
Treasury minister defends pay packet of new value-for-money chief
2025-03-31 18:11:52
2025-03-31 18:11:52
