Oxford Sciences Innovation plc (OSI) , created by The University of Oxford and Isis Innovation, to commercialise academic ideas into market-leading companies, has successfully raised £230m to fund spin-out companies. The funds will provide capital and scaling expertise to companies spun-out of the university.
Funders include IP Group, Invesco Asset Management Limited, Lansdowne Partners (UK) LLP, Oxford University Endowment Management, the Wellcome Trust and Woodford Investment Management LLP. It also included new investors from Asia who wish to remain anonymous.