Cambridge Enterprise, the tech switch workplace on the College of Cambridge, will open its first-ever London workplace because it goals to strengthen collaboration and broaden its place amongst world traders and innovators.
The organisation is the commercialisation arm of the celebrated college, accountable for working with founders throughout the establishment to spinout analysis into viable startup companies.
Cambridge Enterprise’s London base shall be in King’s Cross, positioning it close to a handful of main tech companies together with the European headquarters of Google, which shall be subsequent door to the tech switch workplace’s London location.
The group mentioned establishing a bodily presence in London would assist bridge the hole between the tech hubs, encouraging a smoother movement of expertise and funding between them.
“Our new London workplace represents a strategic funding in Cambridge innovation and entrepreneurialism,” mentioned Jim Glasheen, chief govt of Cambridge Enterprise.
“By establishing this base in King’s Cross, we purpose to extend engagement with nationwide and worldwide gamers, from traders to companions, while creating new pathways for our most promising spinouts.
“Cambridge teachers and researchers are fixing a number of the world’s most urgent challenges and this growth will guarantee their breakthroughs can extra quickly attain those that want them most.”
Cambridge has change into one of many UK’s most profitable know-how hubs, alongside London, with its college performing because the nation’s most prolific progenitor of spinout corporations, in accordance with analysis from Beauhurst.
Final yr noticed Cambridge’s second-best yr on report for enterprise capital funding, with companies from town elevating £1.7bn in 2024, in accordance with analysis from Dealroom and Founders on the College of Cambridge.
Register for Free
Bookmark your favourite posts, get every day updates, and revel in an ad-reduced expertise.
Have already got an account? Log in
