Oxford University spinouts venture to raise £250m for innovation drive

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Oxford University spinouts venture to raise £250m for innovation drive
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Oxford Science Enterprises, which counts the COVID-19 vaccine pioneer Vaccitech among its investments, is trying to raise a further £250m from its global investor base, Sky News learns.

An investment vehicle which backs companies spawned at Oxford University is tapping its global shareholder base to raise £250m in fresh funding.

People close to the process said it would be the company's first primary fundraising since 2016, when it completed a £613m capital injection that was initiated the previous year.

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