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Endomag
Endomag is a medical device manufacturer, headquartered in Cambridge, UK, with a US office in Austin, Texas. Originally incorporated as Endomagnetics Ltd, the company was founded in 2007 and produces surgical guidance products which assist surgeons in locating and removing cancerous tumors, predominantly for breast cancer surgery. The company's products are distributed by Leica Biosystems in North America and Sysmex Corporation across Europe. The company's location at Cambridge Science Park in Cambridge is central to Silicon Fen, the cluster of high-tech businesses in the area which form one of the most important technology centres in Europe. History Endomag was founded in 2007 as Endomagnetics Ltd as a University spin-off from University College London and the University of Houston. Helped by initial seed money from UCL Business, Endomag has continued to develop its magnetic sensing technologies to improve minimally invasive procedures for oncologists. In June 2014, the compa ...
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Endomag Company Logo
Endomag is a medical device manufacturer, headquartered in Cambridge, UK, with a US office in Austin, Texas. Originally incorporated as Endomagnetics Ltd, the company was founded in 2007 and produces surgical guidance products which assist surgeons in locating and removing cancerous tumors, predominantly for breast cancer surgery. The company's products are distributed by Leica Biosystems in North America and Sysmex Corporation across Europe. The company's location at Cambridge Science Park in Cambridge is central to Silicon Fen, the cluster of high-tech businesses in the area which form one of the most important technology centres in Europe. History Endomag was founded in 2007 as Endomagnetics Ltd as a University spin-off from University College London and the University of Houston. Helped by initial seed money from UCL Business, Endomag has continued to develop its magnetic sensing technologies to improve minimally invasive procedures for oncologists. In June 2014, the compa ...
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Draper Esprit
Molten Ventures, formerly Draper Esprit, is a venture capital firm, investing in high growth technology companies with global ambitions, with offices in London, Cambridge and Dublin. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History Founded in 2006 as Esprit Capital, the company was renamed Draper Esprit in 2015 after joining Silicon Valley investor Tim Draper and the Draper Venture Network. In June 2016, Draper Esprit was the subject of an initial public offering on the London Stock Exchange. It moved to the main market in July 2021 becoming the largest technology-related venture capital company to be publicly listed. In November 2021, Draper Esprit rebranded to Molten Ventures. In April 2022, Molten Ventures joined The Venture Capital Trust Association (VCTA). Investments Investments have included companies such as Crowdcube, Endomag, Freetrade, Graphcore, Revolut and Trustpilot Trustpilot Group plc, is a Danish consumer busi ...
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Cambridge Science Park
The Cambridge Science Park, founded by Trinity College in 1970, is the oldest science park in the United Kingdom. It is a concentration of science and technology related businesses, and has strong links with the nearby University of Cambridge. The science park is situated about 3 km to the north of Cambridge city centre, by junction 33 of the A14, in the parish of Milton, contiguous with Cambridge itself. The park is served by Cambridge North railway station and by the Cambridgeshire Guided Busway. It is directly adjacent to St John's Innovation Centre and Cambridge Business Park. History The land was originally given to Trinity College when the latter was founded by Henry VIII in 1546. The land was used for farming until the Second World War, when it was requisitioned by the US Army and used to prepare vehicles and tanks for D-Day. After the war, the land was left derelict until 1970, when, at the suggestion of Tony Cornell, and under the supervision of Sir John Br ...
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Silicon Fen
Silicon Fen (also known as the Cambridge Cluster) is the name given to the region around Cambridge, England, which is home to a large cluster of high-tech businesses focusing on software, electronics and biotechnology, such as Arm and AstraZeneca. It is called "Silicon Fen" by analogy with Silicon Valley in California, because it lies at the southern tip of the English Fenland. The local growth in technology companies started with Sinclair Research and Acorn Computers. Business growth More than 1000 high-technology companies established offices in the area during the five years preceding 1998. Some early successful businesses were Advanced RISC Machines and Cambridge Display Technology. In 2004, 24% of all UK venture capital (8% of all the EU's) was received by Silicon Fen companies, according to the Cambridge Cluster Report 2004 produced by Library House and Grant Thornton. The so-called ''Cambridge phenomenon'', giving rise to start-up companies in a town previou ...
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UCL Business
UCL Business PLC is the technology-transfer company of University College London Hospital NHS Foundation Trust in London, England. Its head office is on Tottenham Court Road in the London Borough of Camden. History UCL's first technology-transfer company was named in the Pandora papers for the widespread use of offshore companies and use of third party ownership and payments to avoid UCL and government oversight. UCL Ventures merged with the technology-transfer company of the Royal Free Hospital, Freemedic plc (founded in 1993) to form UCL Biomedica PLC. The former UCL Business had been established to force academics through the use of NDA's to sign over any IP to UCL, thereby aiding the development of commercially valuable technologies arising from UCL, whilst UCL BioMedica had been established to commercialise opportunities arising from UCL's biomedical research strengths, as well as to conduct clinical trials. The integration of the two technology transfer activities cre ...
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Seed Money
Seed money, sometimes known as seed funding or seed capital, is a form of securities offering in which an investor invests capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding, and crowdfunding. Usage Traditionally, companies that have yet to meet listing requirements or qualify for bank loans, recognize VC as providers of financial support and value added services. Seed money can be used to pay for preliminary operations such as market research and product development. Investors can be the founders themselves, using savings and loans. They can be family members and friends of the founders. Investors can also be outside angel investors, ventu ...
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Magnetometer
A magnetometer is a device that measures magnetic field or magnetic dipole moment. Different types of magnetometers measure the direction, strength, or relative change of a magnetic field at a particular location. A compass is one such device, one that measures the direction of an ambient magnetic field, in this case, the Earth's magnetic field. Other magnetometers measure the magnetic dipole moment of a magnetic material such as a ferromagnet, for example by recording the effect of this magnetic dipole on the induced current in a coil. The first magnetometer capable of measuring the absolute magnetic intensity at a point in space was invented by Carl Friedrich Gauss in 1833 and notable developments in the 19th century included the Hall effect, which is still widely used. Magnetometers are widely used for measuring the Earth's magnetic field, in geophysical surveys, to detect magnetic anomalies of various types, and to determine the dipole moment of magnetic materials. In an air ...
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Tim Draper
Timothy Cook Draper (born June 11, 1958) is an American venture capital investor, and founder of Draper Fisher Jurvetson (DFJ), Entrepreneurs page
website, ''accessed April 16, 2014'.
, Draper Venture Network, Draper Associates and Draper Goren Holm. His most prominent investments include , , < ...
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Silicon Valley
Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County and Santa Clara County. San Jose is Silicon Valley's largest city, the third-largest in California, and the tenth-largest in the United States; other major Silicon Valley cities include Sunnyvale, Santa Clara, Redwood City, Mountain View, Palo Alto, Menlo Park, and Cupertino. The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zurich, Switzerland and Oslo, Norway), according to the Brookings Institution, and, as of June 2021, has the highest percentage of homes valued at $1 million or more in the United States. Silicon Valley is home to many of the world's largest high-tech corporations, including the headquarters of more than 30 businesses in the Fortune 1000, and thousands of startup companies ...
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Venture Round
A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the primary stimuli for the development of new companies and technologies. Features Parties *Founders or stakeholders. Introduce companies to investors. *A lead investor, typically the best known or most aggressive venture capital firm that is participating in the investment, or the one contributing the largest amount of cash. The lead investor typically oversees most of the negotiation, legal work, due diligence, and other formalities of the investment. It may also introduce the company to other investors, generally in an informal unpaid capacity. *Co-investors, other major investors who contribute alongside the lead investor *Follow-on or piggyback investors. Typically angel investors, high-net worth individuals, family offices, institut ...
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Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial "seed funding" round. The first ro ...
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Lord Sainsbury
Baron Sainsbury was created in 1962 for Alan Sainsbury in the Peerage of the United Kingdom. There have been two other peers with the surname "Sainsbury" who included their surname as part of their titles; all are from the Sainsbury family, namesake of the supermarket chain Sainsbury's. The three peers, in order of when they received their title, are: *Alan Sainsbury, Baron Sainsbury, of Drury Lane in the Borough of Holborn (1902–1998) — John James's grandson (Labour) *John Sainsbury, Baron Sainsbury of Preston Candover, of Preston Candover in the County of Hampshire (1927–2022) — Alan's eldest son (Conservative) *David Sainsbury, Baron Sainsbury of Turville, of Turville in the County of Buckinghamshire (b. 1940) — only son of Alan's only brother Robert (Labour) The original Sainsbury's Supermarkets founder, John James Sainsbury, never officially received or held any Queen's honours. Alan Sainsbury, Baron Sainsbury The title "Baron Sainsbury" was created on 3 May 196 ...
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