Animal Dynamics, a UK-based biotech spinout from University of Oxford, has raised an undisclosed amount of follow-on funding from commercialisation firm Parkwalk Advisors.
No further details were disclosed.
Animal Dynamics is developing motion technologies inspired by how creatures survive in the natural world. Designs include a drone with wings mimicking a dragonfly that aims to be more turbulence-resistant and power-efficient than conventional alternatives.
Parkwalk provided an undisclosed sum of seed money in 2015 through the University of Oxford Isis Fund II, a vehicle that enables alumni and other private investors to back Oxford technologies with tax benefits.
