Innovative UK Businesses Encouraged to Apply for Multi-Billion Pound EU Funding Scheme

UK Research and Innovation (UKRI) is urging businesses and researchers to apply for access to new markets, capabilities and technologies as well as billions of pounds of funding through the Horizon Europe scheme.

Laboratory image from Bulb

£0.5 million Headington life science laboratory development at The Oxford Trust’s Innovation Centre supported by funding secured by OxLEP

The Oxford Trust, the local charity encouraging the pursuit of science and enterprise, is to undertake a half million-pound project to install life science laboratory facilities at its Wood Centre for Innovation in Headington, Oxford, to increase capacity for the local innovation ecosystem and has received £0.1 million in funding towards the project via the Government’s Local Growth Fund, secured by the Oxfordshire Local Enterprise Partnership (OxLEP).

Shan Hanif, CEO of Genflow,

Genflow secures $11m investment from BGF

BGF – the UK’s most active investor – has invested $11 million in Genflow, a London & LA based Influencer brand building agency with a unique ecommerce and mobile tech platform, to support its global expansion plans.

Penningtons Manches Cooper advises AI spin out on Series A investment

The corporate team at Penningtons Manches Cooper has advised Mind Foundry, an Oxford-based artificial intelligence company, on its Series A investment. The funding round, which closed at over £10 million, was led by Aioi Nissay Dowa Insurance (ANDI) of the MS&AD Insurance Group and brings Mind Foundry’s total funds raised to date to more than… Read More »

Penningtons Manches Cooper advises Oxford University’s 200th spin-out company

Penningtons Manches Cooper’s corporate team has advised cyber security specialist PhishAR, as it becomes the 200th company created through Oxford University Innovation (OUI), the commercialisation arm of Oxford University. Building on the work of Professor Ivan Martinovic and Dr Ivo Sluganovic from Oxford’s Department of Computer Science, PhishAR employs augmented reality to crack down on… Read More »

John Kennedy - flexible funding

The benefits and advantages of short-term funding for business

The demand for short term asset backed finance (also known as “bridging” finance) continues to increase year on year due to the ongoing lack of appetite and responsiveness from mainstream high street banks.