The second quarter total is up from $185m the previous year and $392m quarter-on-quarter despite coronavirus-driven pressures.

University of Oxford’s spinout portfolio collectively accrued about £356m ($458m) in funding across 21 deals during the second quarter of 2020, up from $185m the previous year.
The total was also higher than the $392m banked during the first quarter, a strong performance for Oxford spinouts in funding terms in the face of the coronavirus pandemic.
The licensing and ventures unit at tech transfer office Oxford University Innovation (OUI) signed 76 agreements during the period, up from 26 year-on-year, but down from 92 on the quarter.
A total of 35 new patents were filed and 121 new invention disclosures received from university academics. At OUI’s consulting services team, 101 agreements were signed, and 114 clients sought consultancy advice.
OUI launched a total of five companies during the quarter: two spinouts, two startups and one social enterprise.
The latest batch were identified as rapid coronavirus test…

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