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Business Weekly
Planners back new Cambridge ‘Superlab’ after Breakthrough secures £104m loan
Breakthrough Properties has secured a £104 million loan and won planning approvals to kickstart a new Cambridge life sciences building – Vitrum by Breakthrough – at St John’s Innovation Park. Working with Danish-based and world-renowned architectural studio Henning Larsen, Breakthrough has designed the five-storey, 175,000 sq ft building for maximum flexibility and adaptability for a …
Business
Business Weekly
Why copyright is at the centre of the AI storm
There have been several high-profile intellectual property headlines over the last 12 months, both in the US and England and Wales, writes Maria Peyman, Partner with Birketts LLP.  The intellectual property right at the core of these headlines is copyright, which protects works such as novels, academic papers, works of art, sculpture, photographs, software code, …
Business
Business Weekly
Xampla raises extra $7m scale-up cash to advance plastic elimination
Xampla has raised a further $7 million to advance production of its next-generation, biodegradable plant materials – taking its haul to date to $17.6m. The new investment will be deployed to advance production of the nextgen materials company’s biodegradable, plant-based Morro materials – helping big brands to move away from single use and highly damaging plastic. …
Business
Business Weekly
Nu Quantum and Cisco join forces for world-first advance after £2.3m contract win
Cambridge-based quantum networking company Nu Quantum has won a £2.3 million contract from the UK government to deliver a world-first modular, rack-mount and scalable quantum data centre prototype. Nu Quantum is collaborating with Cisco, using the US headquartered technology giant as a prospective end user for the project.  A world leading supplier of networking infrastructure, …
Business
Business Weekly
Sano Genetics doubles scale-up funding haul with new $11.4m raise
Sano Genetics, a Cambridge-based software company accelerating precision medicine research, has raised $11.4 million in new funding led by Plural with participation from existing investors including MMC Ventures, Episode 1 and Seedcamp. Founded by Patrick Short (CEO), Charlotte Guzzo (COO) and William Jones (CTO), Sano Genetics is developing software to enable the precision medicine revolution. …
Business
Business Weekly
Government warned to avoid £50bn Oxford-Cambridge Arc blunder
Government plans to ditch a centrally coordinated  Oxford-Cambridge Arc project will cost the UK economy upwards of £50 billion in the next eight years – equivalent to two per cent of GDP – a new report has warned. Michael Gove’s Department for Levelling Up, Housing and Communities has shelved a strategic plan to create a …
Business
Business Weekly
Arm wrestles with job cuts backlash
Cambridge and California will bear the brunt of around 1,000 job losses forced on superchip architect Arm following the collapse of NVIDIA’s proposed $40 billion acquisition. Unconfirmed reports suggest that as many as 600 redundancies could be made at the Cambridge UK headquarters with California taking the rest of the backlash. The news is in …
Business
Business Weekly
AI, Driverless Cars and Liability: Who takes the blame?
Although self-driving features seem to be commonplace in new cars (e.g. park-assist, lane assist, accident prediction), it seems that businesses are keen to use artificial intelligence to push the boundaries of what is possible to create not just technology which assists consumers with driving but actually takes over the responsibility of driving, writes Samantha Woodley, …
Business
Business Weekly
$42m invested in new Cambridge Covid vaccine
DIOSynVax, a University of Cambridge spin out is to receive $42 million to develop a vaccine candidate that could provide protection against both existing and future variants of SARS-CoV-2 – the virus that causes COVID-19 – as well as other major coronaviruses, including those that cause SARS and MERS. The investment is from the Coalition …
Business
Business Weekly
East Anglia’s Fields of Dreams
“Working with great people makes you great; you learn a lot and it also gives you experience and confidence to move on with your own career.”  This sentiment from American musician Nas seems an appropriate place to start when considering why talented life scientists and entrepreneurs benefit from locating in our region, writes Tony Jones, …
Business
Business Weekly
Lynch faces crunch few weeks to fight extradition to US
It was a very Black Friday for Cambridge technology entrepreneur Mike Lynch. First he lost his fight against a civil action brought in the UK by US giant Hewlett Packard then – just agonising hours later – Home Secretary Priti Patel signed off on his extradition to the US to face criminal changes. Both cases …
Business
Business Weekly
Cambridge Cluster a global magnet for investors, innovators and collaborators
Looking back over 2021 and what it meant for the Life Sciences industry it would be impossible not to feel, as was the case across all sectors, that it was shaped by having to adapt to cope with and battle Covid-19.  Business practice changes for all in terms of dealmaking, workplace operations and everyone’s daily …

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