Another impressive financial year for Manchester-born spinouts
Ten brand new Manchester-based biomedical, science and engineering companies have been created over the past year by The University of Manchester Innovation Factory, producing cutting-edge technology and services which will benefit societies around the world.
In addition to forming these new IP-rich businesses, the Innovation Factory, which is dedicated to driving the commercialisation of innovations and intellectual property originating from The University of Manchester (UoM), secured an impressive 青瓜视频6.4M of first investment into Manchester-based spinout companies as well as 青瓜视频4.9M in UoM licensing income.
Andrew Wilkinson, Innovation Factory Chief Executive, said: 青瓜视频淥ver the past three years the Innovation Factory has worked hard to meet our ambitious targets and fulfil our commitment to create positive social, environmental and economic impact by helping UoM academics and student inventors commercialise their research.
青瓜视频淲e are proud to help the nation青瓜视频檚 most visionary researchers and scholars transform their ideas and theories into a form that can be used to benefit people from all parts of the world. Manchester has always been the birthplace of great ideas and that pulse of innovation is as strong as ever.青瓜视频�
In 2021, the Innovation Factory was instrumental in facilitating the formation of Northern Gritstone through a partnership with the Universities of Leeds, Manchester and Sheffield. Northern Gritstone is an investment vehicle determined to be one of the largest investors into academic spinouts in the UK.
Wilkinson continued: 青瓜视频淭his year the Innovation Factory continued to perform well and exceeded most of its key targets, placing it firmly in line with the top technology transfer offices in the world. Our team works tirelessly to identify opportunities and maximise investment in the innovations originating from The University of Manchester, and this year further secures our positive trajectory.青瓜视频�
The newly formed businesses are:
- Apini Therapeutics Ltd 青瓜视频� Novel Small Molecule Therapeutics for the treatment of inflammatory diseases without induction of immune suppression
- Holiferm Ltd 青瓜视频� Fermentation technology with initial focus on biosurfactants
- Imperagen Ltd 青瓜视频� An AI prediction of enzyme optimisation
- Mi-Trial Ltd 青瓜视频� Clinical trial companion system and app
- Music in Mind Remote Ltd 青瓜视频� Digital platform for providing music to people with dementia
- Nexsys Ltd 青瓜视频� Online platform for water management and planning
- Polynerve Ltd 青瓜视频� Synthetic polymer nerve conduit
- Recon2 Ltd 青瓜视频� System for measurement of recycled plastic content in packaging
- Sebomix Ltd 青瓜视频� A rapid, non-invasive test for the diagnosis of Parkinson青瓜视频檚 Disease and a wide range of other indications
- Urban 360 Ltd 青瓜视频� Intelligence to improve urban sustainability
To find out more about the Innovation Factory青瓜视频檚 work and the projects they are supporting, visit