Cambridge Future Tech Raises £4M to Bridge the Gap from Research to Market

In order to commercialize university innovation, Cambridge Future Tech has raised four million pounds.

The United Kingdom is currently ranked just 24th for its commercialization, despite the fact that it is ranked fourth in the Global Innovation Index as a center for research.

DeepTech venture builder Cambridge Future Tech has wrapped up its most recent funding round, which was approximately four million pounds.

In terms of research, the United Kingdom is ranked fourth on the Global Innovation Index; yet, it is now ranked only 24th when it comes to the commercialization of this research. This is due to the fact that a significant proportion of innovation is still being held back within research laboratories.

In order to establish market-leading businesses, Cambridge Future Tech takes a hands-on strategy that bridges the gap between the laboratory and the market. This technique involves spinning out cutting-edge technology from universities and corporate research departments.

Cambridge Future Tech has the ability to co-found companies with both technical and commercial entrepreneurs by utilizing their broad network and commercial knowledge. They provide these founders with the resources they require to be successful from the pre-incorporation stage all the way through the pre-seed stage.

According to Dr. Ghina M. Halabi, who is the Programme Lead at the Cambridge Judge Business School Entrepreneurship Centre, "Cambridge Future Tech's most recent successful round is a powerful endorsement of their bold vision and steadfast commitment to DeepTech innovation."

"By fostering an entrepreneurial ecosystem that is diverse and inclusive, particularly by providing support to female founders, they are not only driving cutting-edge advancements, but they are also ensuring that the most brilliant minds are empowered to solve the difficult problems that are currently confronting our world."