New report highlights that Oxford is the UK’s leading university for spin-off company creation, with Oxford Science Enterprises named as the most active fund focused solely on a single institution

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OXFORD, England, April 4, 2022 /PRNewswire/ — Oxford Science Enterprises, the science-based business builder and preferred investment partner of the University of Oxfordnotes that a report published today – Spotlight on spinouts by data analysis firm Beauhurst and sponsored by the Royal Academy of Engineering – ranked Oxford University as the best university in the UK for turning academic research into science-driven spin-off companies.

The University has created 193 spin-off companies between 2011 and 2021 – more highlights from the report are featured below in the press release of the University of Oxfordand in the report, which can be downloaded here.

The report also ranks Oxford Science Enterprises as the most active fund focused solely on a single institution over the past decade, having made 92 investments totaling £891m since its inception in 2015.

Notable Oxford Science Enterprises investments include Vaccitech in life sciences, Ultromics in health technologies, First Light Fusion in deep technologies, and Mind Foundry in software and AI.

Alexis DormandyCEO of Oxford Science Enterprises, said:

Oxford University and its partners have established an ecosystem of science start-ups that rivals the world. The exciting work being done in life sciences, health technologies, deep technology, artificial intelligence and computer science is truly groundbreaking and has the potential to positively impact the real world and improve life on a global scale. We are extremely proud to play an important role in nurturing this ecosystem, working with brilliant people to transform world-leading science and innovation into the world-leading companies of the future.”

The announcement of University of Oxford is inferior to:

Oxford University retains the top spot for UK spin-out generation

Oxford University was ranked first in the UK for turning university research into spin-off companies, according to the new Spotlight on spinouts report released today by data analyst firm Beauhurst.

The report, sponsored by the Royal Academy of Engineering, identified 193 spin-off companies from Oxford University since 2011, ahead Cambridge University in second place with 137, with Imperial College London and University College London coming third and fourth, with 106 and 88 spinouts respectively.

Oxford also proved to have the most active cluster for spin-outs, with 90 such companies based in the local authority for Oxford alone.

The report comes after several record years for innovation in Oxfordmonitored by the marketing branch of the University, Oxford University Innovation (YES). Thanks to OUI, the University created 31 new companies during the 2020/21 academic year.

OUI’s own analysis indicates that from Oxford production is one of the highest in the world over the period, just behind ETH Zurich in Switzerland. Investment levels are also at an all-time high, with Oxford companies securing over £1bn of external investment in 2020/21.

Oxford Science Enterprises, the science-based business builder and preferred investment partner of Oxford University, also performed well in the rankings. The firm closed the most deals with the highest total value for a fund focused solely on a single institution.

The report also shares information on spin-outs across the UK, including university equity stakes. It demonstrates that Oxford University has taken an average average of 24.3% equity in its spin-outs since 2011. The University’s evidence-based approach to equity, which applied through 2021, agreed equity stakes in line with a general trend across all UK universities. In 2021, across all UK universities, the average stake was 20.6% and matches the university’s new capital position of 20%.

The report shows that more needs to be done to increase diversity in UK university innovation, with 86.4% of founding teams and 92.3% of management teams being all male. There are, however, signs that this all-male trend is beginning to reverse – in 2021, 21.9% of UK spinouts had at least one female founder. As part of an ongoing commitment to ensure strong representation and voice of women in decision-making at all levels, the Increasing Diversity in Business (IDEA) initiative was launched last year. last to Oxford University better understand and accelerate diversity and inclusion in innovation and entrepreneurial activities, including spin-offs.

The report’s findings also indicate a growing trend in investment in UK spin-outs, with £2.54 billion invested in 2021 compared to £405 million in 2012. The average investment size is also increasing, reaching 6.7 million per round in 2021, up from £2.01 million in 2021. 2012.

Professor Chas Bountrapro vice-chancellor for innovation at Oxford Universitynoted:

“Already in motion, our innovation ecosystem is rapidly snowballing into something much larger. We are following more students, researchers and faculty who are getting involved than ever before. The University and its partners are establishing stronger links with industry and investment communities, attracting more support We are building more space for innovation in the city, such as the redevelopment of the Clarendon Center in the heart of Oxford in a spinout hub. Thanks to this accelerated momentum, the University and its community of innovators and entrepreneurs are able to respond to today’s greatest crises and achieve technological advances that have a significant and positive impact on society. »

Baroness Nicholas Blackwoodpresident of Oxford University Innovation, said:

“This is an outstanding achievement for the University, YES and all those through the maturing Oxford group. But there is no room for complacency. We are committed to staying tuned and striving to improve university innovation, as this is the only way to fully play our part in solving some of the toughest problems facing us today. . This is demonstrated by our recent equity policy change, which means more equity for university founders and a sustainable plan to reinvest in the next generation of university stake innovators. And our continued work to create an innovation community that attracts and supports diversity at all levels.”

Alexis DormandyCEO of Oxford Science Enterprises, said:

Oxford University and its partners have established an ecosystem of science start-ups that rivals the world. The exciting work being done in life sciences, health technologies, deep technology, artificial intelligence and computer science is truly groundbreaking and has the potential to positively impact the real world and improve life on a global scale. We are extremely proud to play an important role in nurturing this ecosystem, working with brilliant people to transform world-leading science and innovation into the world-leading companies of the future.”

Notes to editors:

Oxford University was ranked number 1 in the Times Higher Education World University Rankings for the sixth consecutive year and 2 in the QS World Rankings 2022. At the heart of this success is our groundbreaking research and innovation.

Oxford is globally known for its research excellence and is home to some of the most talented people in the world. Our work helps the lives of millions of people by solving real-world problems through an extensive network of partnerships and collaborations. The breadth and interdisciplinary nature of our research sparks imaginative and inventive ideas and solutions.

Through its research commercialization arm, Oxford University Innovation, Oxford is the largest applicant for university patents in the UK and ranks first in the UK for university spin-off companies, having created more than 200 new companies since 1988. More than a third of these companies were created in the last last three years. The university is a catalyst for prosperity in Oxfordshire and the UKcontributing £15.7 billion to the UK economy in 2018/19, and supporting over 28,000 full-time jobs.

About Oxford Science Enterprises

We are Oxford Science Enterprises, the builder of science enterprises. We want to help solve the world’s toughest problems for more people, in more places, faster. We do this by transforming cutting-edge science into world-changing companies, pairing the best scientists from the world’s best university with the best minds in business. We develop our businesses with care and expertise; in a systematic and progressive way. We invest for real impact, not just financial returns. And we reinvest the profits into the next generation of original research and world-changing companies.

Our companies tackle issues that affect people in ways that change their lives: their health, the availability of food, the survival of the planet. Since 2015, we have received automatic participation in all Oxford University scientific impact – more than 100 companies founded by more than 200 of from Oxford leading academics. We have played a leading role in the creation and construction of more 70 of these, adding +55,000 square feet of lab and boot space to support them. Today our companies are worth more £2 billion and have created +2,000 works.

Follow us: oxfordscienceenterprises.com | Twitter | LinkedIn | Quarterly News

contacts:
Oxford Scientific Enterprises
Lisa Bedwell[email protected]
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SOURCEOxford Science Enterprises

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