Oxford University Innovation has released its quarterly figures that reveal more than 89% of external investments in its spinouts occurred in August.
Oxford University Innovation (OUI), the tech transfer office of University of Oxford, has released its quarterly report revealing its total number of spinouts formed this year stood at 16 by the end of September.
Five of these spinouts were launched during the third quarter. These are:
- artificial intelligence-based learning support application developer Edtopia;
- quantum cybersecurity technology producer PQShield;
- Oxford Molecular Biosensors, which has developed technology to detect environmental contamination;
- Caristo, which is working on scanning technology to prevent heart attacks; and
- 1715 Labs, which was spun out of citizen science portal Zooniverse to commercially exploit the platform’s technology.
Oxford’s spinouts raised a total of £145.3m ($190m) across eight deals, including £3.6m at the seed stage. Notably, more than 89% of that investment activity – £129.7m – happened in August, in line with findings by Global University Venturing that the summer was anything but quiet.
Additionally, OUI revealed its licensing and ventures and its consulting services had signed a combined 105 deals and filed 11 patents. The office received a total of 61 disclosures from researchers during the three-month period.