23 February 2011

“Imperial Innovations, a leading technology commercialisation and investment group, has today announced that, it proposes raising up to £140 million to accelerate the making of, and increase the size of, investments in companies established under its existing intellectual property pipeline agreement with Imperial College London, and to invest in companies founded by or based on technology from the University of Oxford, the University of Cambridge and University College London”.

 Cengiz Tarhan, Managing Director of UCLB says “We support the Imperial Innovation proposal to raise £140m and look forward to continuing to work with them to enable some of those funds to support’ spin outs’ from UCLB.”

Further Information
Imperial Innovations