Parkwalk Advisors has sold on most of its stake in Oxford-founded drone designer Animal Dynamics, securing a 6.9 times return.

Fund management unit Parkwalk Advisors on Tuesday exited the bulk of its shareholding in Animal Dynamics, a UK-based unmanned aerial vehicle (UAV) development spinout of University of Oxford. The exit came through a secondary transaction with unspecified investors that secured a 6.9 times return for Parkwalk and its backers. Parkwalk Advisors is a subsidiary of commercialisation firm IP…

The rest of this content is only accessible to Global University Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.