Home | Business Weekly
The last 12 months (to October 16, 2024) has seen the sale of a number of Cambridge’s life science and technology companies, the majority into US hands. The two biggest acquisitions saw Abcam bought by Danaher for $5.7 billion last December and Darktrace taken by Thoma Bravo for $5.3bn – a deal that completed on October 1.
Cambridge entrepreneur backed by Innovate UK to build the first ...
Mar 6, 2024 · In 2021 he was endorsed by Tech Nation as an exceptional leader in digital technology. Cambridge tech entrepreneur Piyush Ahuja has secured undisclosed funding from Innovate UK for building ‘a learning web’. Besides the Innovate UK funding, Piyush will also receive 12 months of tailored business support to help grow the venture.
New home for Cambridge Science Centre - Business Weekly
John Bull, CEO, Cambridge Science Centre, said: “We are excited to be opening the doors to our new space within Cambridge Science Park in July 2024. This new location feels like our spiritual home; it further strengthens our connections with the STEM ecosystem and brings communities to the very heart of science and technology in Cambridge.
Cambridge Mechatronics raises over $40m to fast-track …
Feb 12, 2024 · Cambridge Mechatronics Limited (CML), a world leader in the design and control of Shape Memory Alloy actuators, has closed a funding round of more than $40 million to fast-track its actuator and controller IC product portfolios and accelerate nextgen smartphone imaging technology. The funding round was led by Atlantic Bridge – an investment firm with over €1.2 billion of assets under ...
Xampla’s Morro, 2M and Huhtamaki unite for global triumph
It is a major triumph for Cambridge-based CleanTech business, Xampla. The deal between Huhtamaki and 2M will see Morro™ Coating deployed at scale in selected foodservice on-the-go applications, enhancing Huhtamaki’s wider use of alternative recyclable and compostable packaging solutions derived from renewable sources.
Parkwalk leads £4m investment in Psyomics - Business Weekly
Jun 10, 2024 · Parkwalk leads £4m investment in Psyomics. 10 Jun, 2024. Tony Quested. Cambridge-based mental HealthTech company Psyomics has raised £4 million growth capital, with Parkwalk Advisors contributing £3.5 million as lead investor. Psyomics CEO, Dr Melinda Rees. Credit – Psyomics.
New Emirates lounge ‘takes off’ at Stansted
22 Sep, 2024. Newsdesk. Emirates has opened the doors to its new lounge at London Stansted Airport. The airline has invested more than £4 million to design a spacious 900-square-metre lounge that can accommodate up to 125 guests, including First and Business Class customers, as well as Emirates Skywards members. Emirates’ lounge at Stansted.
News - Business Weekly
Oct 29, 2024 · Scaling a business is an aspiration shared by many entrepreneurs and executives, especially within the life sciences and technology sectors, writes Paul Hughes, Managing Director, Life Sciences & Technology at BDO LLP, based in Cambridge. However, the concept of scaling is often misunderstood and oversimplified, frequently reduced to merely ...
UK, US and European investment as Acteon is acquired
Mar 26, 2024 · UK, US and European investment as Acteon is acquired. 26 Mar, 2024. Newsdesk. Norwich-anchored Acteon Group, a global offshore energy infrastructure services business, has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP). No figures have been disclosed for the international deal. Courtesy – …
Cambridge top UK location for AI companies - Business Weekly
18 Jun, 2024. Newsdesk. Cambridge has emerged as the top location in the whole of the UK for AI business success. The city ticks pretty much every box for artificial intelligence company entrepreneurs starting up and growing from here – and the ecosystems supporting them. Credit – Andrey Suslov / Shutterstock.com.