From university research to a spinout hosting exciting royal visit

Natasha Boulding and Prince William in front of Low Carbon Materials logo

Prince William made a visit to Durham University spinout Low Carbon Materials (LCM) this week. His Royal Highness learned about how the Earthshot Prize finalists create their innovative, low-carbon construction materials. LCM spun out of Durham University in 2019, co-founded by Dr Natasha Boulding, Scott Bush and Dr Phil Buckley. The company develops materials that […]

New road material paves the way to net zero

A road resurfacing scheme in County Durham has used a new material which enables the creation of net zero asphalt. This UK first uses a material designed and manufactured by Low Carbon Materials (LCM). LCM is a Northern Accelerator-supported spinout from Durham University. Durham County Council and roads resurfacing partner Rainton Construction – part of […]

Magnitude Biosciences awarded £250,000 grant to continue pioneering work

Image of Magnitude Biosciences team members

Magnitude Biosciences Limited, a Durham University spin-out and specialist provider of C. elegans research services to the longevity, nutraceuticals, and pharmaceutical industries based in the North East of England, has been awarded a Future Economy Investor Partnerships grant of nearly £250,000 by Innovate UK. The grant will be matched by an investment from the North […]

Magnitude Biosciences secures £500k investment to accelerate business growth

Magnitude Biosciences scientist

Magnitude Magnitude Biosciences Limited has closed a fourth round of investment to accelerate the scaling of its business. The Durham University spin-out specialises in providing C. elegans research services to the longevity, nutraceuticals and pharmaceutical industries. The investment has been made in response to rapidly growing customer demand for Magnitude Biosciences’ services. The new funding […]

Durham spin-out announced as finalist in Earthshot Prize Awards

LCM team

Durham University spin-out, Low Carbon Materials (LCM), has been named as one of three international finalists in the Fix Our Climate category, in the world’s most prestigious environmental prize, The Earthshot Prize, 2022. All 15 Earthshot Prize finalists announced by HRH Prince William today, 4 November, are recognised as an accomplished group of entrepreneurs and […]

Magnitude Biosciences appoints new CEO

Fozia Saleem

Magnitude Biosciences Limited, a Durham University spin-out based at NETPark in Sedgefield, has appointed a new CEO, Fozia Saleem. Magnitude Biosciences is one of the world’s leading commercial providers of services for determining the effects of compounds on ageing, longevity, neurodegeneration and reproductive health. The company spun out of Durham University in 2018 with support […]

In the press: North East Times speaks to three promising spin-outs

ESP diagnostics team photo

North East Times magazine’s September issue shines a light on three of Northern Accelerator’s latest spin-out companies from Newcastle and Durham Universities. Skin Life Analytics, ESP Diagnostics and Respiratone were supported by Northern Accelerator to spin-out of the region’s universities recently, utilising our Executives into Business programme and other support to ensure the best chance […]

Sphera announces close of £1.9 million funding round

LCM team

Sphera, a Durham University spin-out helping the construction sector build a net-zero world, has announced the close of a £1.9 million funding round. By recycling what most deem unrecyclable, Sphera has created a carbon negative aggregate for concrete. Their building materials are tackling the colossal carbon footprint of traditional concrete, which makes up 8% of […]

Spin-out CEO appointed new chair of British Society for Research on Ageing

Portrait photo of Dr David Weinkove

The British Society for Research on Ageing (BSRA) has announced its new Chair, biology of ageing researcher and entrepreneur David Weinkove, Associate Professor of the Department of Biosciences at Durham University, and CEO of spin-out company Magnitude Biosciences Ltd. Dr Weinkove’s appointment comes in a booming era for ageing research, characterised by increasing investment in […]

Oral cancer drug developer LightOx joins Newcastle Helix

Councillor Joyce McCarty, cabinet member for Inclusive Economy at Newcastle City Council, Sam Whitehouse, Chief Executive, LightOx, Luke Dunnett, Property Business Manager at The Biosphere.

LightOx, a Durham University spin-out developing new oral cancer treatments has announced its move to The Biosphere in Newcastle’s city centre. This specialist lab facility is part of the Newcastle Helix development and home to an increasing cluster of life science and biotech companies. LightOx was established in Durham in 2016 and incubated in Durham […]