Newcastle spinout Microbritt raises £400k to scale up unique business

Newcastle University spinout, Microbritt, has raised £400,000 to scale its production capacity. The investment will also enable the company to expand their sales and engineering team and invest in R&D. The investment round was led by the North East Innovation Fund supported by the European Regional Development Fund and managed by Northstar Ventures, alongside Business […]

Record year of investment for Newcastle University spinouts

Newcastle University marked a record year in 2023 as investments in spin-out across life sciences, sustainable engineering and digital tech totalled over £40m. Created from research discoveries, the University’s 37 active spin-out companies now employ over 300 people. Spearheading the investment surge is Advanced Electric Machines who completed a £23M fund raising round. The funding […]

In the press: Newcastle spinout creating more jobs at new city centre base

Aelius Biotech team

Newcastle University spinout Aelius Biotech has raised £1.25m investment from the North East Venture Fund. The company now plans to open new lab facilities in the city centre. Aelius Biotech provides testing services for pharmaceutical and nutrition companies, using a model of a human gut to trial new drugs without the use of animals. The […]

In the press: CellRev secures £1.4m for scale up

CellRev logo

A Newcastle University spinout has secured investment of £1.4m from the North East Innovation Fund and Innovate UK. CellRev spun out in 2019 and was the brainchild of academic founders Dr Martina Miotto and Professor Che Connon. The company focuses on technologies for the continuous manufacture of adherent cells. Their work is applicable in the […]

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 […]

AMLo Biosciences raises £2.45m to further develop early stage skin cancer test

AMLo Leadership Team

AMLo Biosciences Ltd (AMLo), an innovative medical device company spun out of Newcastle University specialising in the early detection of skin cancers, has secured significant further investment totalling £2.45m. At present all early stage melanomas are treated in a similar way, sometimes involving invasive surveillance diagnostics designed to identify the few high-risk melanomas at the […]

In the press: North East Times features inspiring spin-out journey

Billy Webber CEO of XR Therapeutics

In April’s North East Times magazine, Editor Steven Hugill caught up with Billy Webber, CEO of XR Therapeutics. Billy leads the Newcastle University spin-out, having been brought on board as CEO through Northern Accelerator’s Executives into Business programme. Read the full feature to find out more about how XR Therapeutics is bringing its next generation […]

Newcastle biotech spin-out raises £1.75m to accelerate technology launch

Image of Dr Martina Miotto of CellulaREvolution

Biotech technology disrupter CellulaREvolution, which aims to revolutionise the way cells are grown, has raised £1.75 million from a group of notable investors in a round led by Happiness Capital, including Allusion One, the first investment arm of Allusion. The investment will be used to accelerate research & development and strengthen their commercial team as […]

Northern Accelerator’s first spin-out secures further £425k investment

Professor Che Connon

Atelerix was spun out of Newcastle University in 2017 by three co-founders, Professor Che Connon, Dr Steve Swioklo and Dr Mick McLean. The conventional freezing and thawing of cells and tissues through cryogenics can be hugely damaging, and these cells often die or change their function in the process. To tackle this problem, Atelerix has […]

Newcastle spin-out creating more and better jobs

Dr Jennifer Munkley academic founder of GlycoScoreDX

Newcastle University spin-out GlycoScoreDX is recruiting a Research Technician based in Newcastle, as the company continues to develop and expand, creating high quality jobs in the North East.  GlycoScoreDx aims to transform the future of prostate cancer diagnosis, through the spin-out company  founded upon research by Dr Jennifer Munkley and her research group.  Find out […]