Sphera announces close of £1.9 million funding round
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
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
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 […]
Investment in Durham spin-out developing ground-breaking cancer treatment
LightOx, a Newcastle-based spin-out from Durham University, has received an initial £400k investment from funds managed by Northstar Ventures to help develop its product to revolutionise oral cancer treatment. LightOx is using new technologies to develop light activated treatment which can improve outcomes for patients and reduce the need for surgery. The investment from our […]
Durham spin-out tackling climate change
Northern Accelerator spin-out, Sphera, has been accepted onto the Tech Nation Net Zero 2.0 programme, which is supporting the UK’s most promising climate tech companies to drive down environmentally harmful emissions. Founded in September 2019, Sphera is developing low carbon, next generation construction materials. They’re currently focused on a world-first – carbon zero and carbon […]
Durham University opens Orbit building to support technology and science firms
Durham University has opened its £1.4m Orbit centre at NETPark in Sedgefield, a University Enterprise Zone purpose-built to provide support to technology and science SMEs. Businesses that become members will benefit from targeted guidance and support from the University’s researchers and partners at Centre for Process Innovation (CPI) and Business Durham. Companies will also have […]
Durham spin-out Magnitude Biosciences announces new hires to support continued growth
Magnitude Biosciences, the leading contract lab services provider in using the nematode worm C. elegans to accelerate drug discovery and other research in the areas of the gut microbiome, ageing, and neurodegeneration, today announced the addition of two members to its growing team: Mira Nair, and Holly Winskell. Magnitude Biosciences is a Northern Accelerator supported […]
Sneak peek at Orbit – the new enterprise zone from Durham University
Durham University has shared an artist’s impression of Orbit, the new enterprise zone to be located at NETPark, one of the UK’s leading science parks. Sure to be home to some of Northern Accelerator’s spin-outs, Orbit is due to open in spring 2021. It will house space for around 15 businesses with a prototype lab, […]
Durham spin-out secures £250k to grow facilities
Magnitude Biosciences has received £250k in funding to help grow its workforce and facilities. The Durham University spin-out which recently moved into new premises at NETPark, has received funding from the government’s Coronavirus Future Fund. And current investors in Magnitude Biosciences, Saker Capital and North East Innovation Fund run by Northstar Ventures, have matched the […]
Northern Accelerator spin-out flies the nest
Durham University spin-out, Magnitude Biosciences, has moved its operational facilities to a new lab at NETPark in Sedgefield, County Durham. The move allows Magnitude Biosciences to deliver its research services in the fields of ageing, neurodegeneration, microbiome and toxicity from a single site. Magnitude Biosciences was supported by Northern Accelerator’s Executives into Business programme, and now […]
