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Oxford University, on behalf of Oxford Sciences Innovation (OSI), today announces a substantial increase of capital raised worldwide to scale innovative ideas from the University of Oxford into world-class companies.

Nasir Hamid / OU Images

OSI's capital base stood previously at £350m, but a fresh injection of capital will now boost this to almost £600m. Some of Asia's leading technology companies and sovereign wealth funds, as well as European industrialists, are among the additional investors.

OSI provides capital and scaling expertise to businesses driven by intellectual property developed at the University of Oxford. The company's mission is to build on the University's position as one of the world's leading research institutions, and further to enhance its track record for developing globally successful businesses.

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