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Cambridge Enterprise company logo
Corporation
CONSUMER PRODUCTS & SERVICES | Education & Training (non-internet/mobile)
enterprise.cam.ac.uk

Investments

26

Portfolio Exits

1

Partners & Customers

5

About Cambridge Enterprise

Cambridge Enterprise is the University of Cambridge's tech transfer office.

Headquarters Location

The Hauser Forum 3 Charles Babbage Rd

Cambridge, England, CB3 0GT,

United Kingdom

+44 1223 760339

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Latest Cambridge Enterprise News

Cambridge Enterprise licenses unique new device for cancer diagnosis

Nov 7, 2022

7 November 2022 Transforming the process of prostate cancer diagnosis - this month will see the launch of a revolutionary device that is set to transform the process of prostate cancer diagnosis. The Cambridge Prostate Biopsy Device (CamPROBE) is designed to reduce the risk of infection, compared with traditional transrectal biopsies, and improve the experience for patients. The cost is also expected to be less than half that of existing devices. With one in eight men diagnosed with prostate cancer, urology expert Prof Vincent Gnanapragasam and his team at the University of Cambridge and Cambridge University Hospitals NHS Trust devised the CamPROBE with the aim of making prostate biopsy simple, safe and affordable. Traditionally, prostate cancer has been diagnosed with a transrectal needle biopsy of the prostate, guided by an ultrasound probe inserted into the rectum. This approach carries a significant risk of side effects, including urinary infections and severe sepsis, as the needle traverses the rectal wall a number of times on the way to the prostate. As a result, medical and professional bodies now advocate using the transperineal route (the space between the legs and under the scrotum) instead. The CamPROBE is designed to be a cost-effective, simple way of accessing the prostate via the transperineal route in an outpatient setting. Unlike existing biopsy devices, it requires only two incisions instead of the typical 12. And it incorporates a needle to deliver local anaesthetic—sheathed within a coaxial cannula for ease of use. Cambridge Enterprise worked with healthcare innovation consultancy  Health Tech Enterprise  to secure intellectual property protection for the CamPROBE device. They also helped with the procurement of grant funding from the National Institute for Health and Care Research (NIHR) to enable the CamPROBE device to be refined, clinically evaluated and, ultimately, commercialised. The CamPROBE inventors worked with product development company  JEB Technologies  to secure CE marking for the device. Cambridge Enterprise has now signed a  licensing  agreement for CamPROBE with JEB Technologies. JEB Technologies is launching CamPROBE at MEDICA 2022 in Düsseldorf, Germany, on 14-17 November. There will be a demonstration of the device on stand H52 in hall 16. CamPROBE was supported by the National Institute for Health and Care Research (NIHR) Cambridge Biomedical Research Centre (BRC-1215-20014) and NIHR Cambridge Clinical Research Facility and funded by the NIHR i4i (Invention for Innovation) product development award. Read full article:  https://www.enterprise.cam.ac.uk/news/cambridge-enterprise-licences-unique-new-device-for-cancer-diagnosis/

Oct 26, 2022
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Cambridge Enterprise Investments

26 Investments

Cambridge Enterprise has made 26 investments. Their latest investment was in Carbon Re as part of their Seed VC - II on November 11, 2022.

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Cambridge Enterprise Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/7/2022

Seed VC - II

Carbon Re

$4.8M

Yes

4

9/12/2022

Series A

Pretzel Therapeutics

$72.5M

Yes

21

6/14/2022

Seed VC - IV

Spirea

$2.88M

No

7

4/28/2022

Seed VC

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$99M

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10

8/24/2021

Series A

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$99M

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10

Date

11/7/2022

9/12/2022

6/14/2022

4/28/2022

8/24/2021

Round

Seed VC - II

Series A

Seed VC - IV

Seed VC

Series A

Company

Carbon Re

Pretzel Therapeutics

Spirea

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Amount

$4.8M

$72.5M

$2.88M

$99M

$99M

New?

Yes

Yes

No

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Co-Investors

Sources

4

21

7

10

10

Cambridge Enterprise Portfolio Exits

1 Portfolio Exit

Cambridge Enterprise has 1 portfolio exit. Their latest portfolio exit was Flusso on August 18, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/18/2022

Acq - Fin

$99M

Acquirer, and Undisclosed Private Equity Investors

3

Date

8/18/2022

Exit

Acq - Fin

Companies

Valuation

$99M

Acquirer

Acquirer, and Undisclosed Private Equity Investors

Sources

3

Cambridge Enterprise Partners & Customers

5 Partners and customers

Cambridge Enterprise has 5 strategic partners and customers. Cambridge Enterprise recently partnered with PredictImmune on September 9, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

9/19/2019

Partner

United Kingdom

PredictImmune announces new ‘framework agreement’ with Cambridge Enterprise - Babraham Research Campus

The agreement is testament to PredictImmune 's strong partnership with Cambridge Enterprise and ensures that the ground-breaking work carried out in founder Professor Ken Smith 's laboratory at the Department of Medicine at the University of Cambridge is further translated into benefits for patients with these additional chronic , debilitating diseases .

4

3/12/2018

Vendor

Netherlands

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10

8/1/2017

Licensee

United Kingdom

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10

12/19/2016

Licensee

United Kingdom

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10

11/27/2015

Partner

United Kingdom

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10

Date

9/19/2019

3/12/2018

8/1/2017

12/19/2016

11/27/2015

Type

Partner

Vendor

Licensee

Licensee

Partner

Business Partner

Country

United Kingdom

Netherlands

United Kingdom

United Kingdom

United Kingdom

News Snippet

PredictImmune announces new ‘framework agreement’ with Cambridge Enterprise - Babraham Research Campus

The agreement is testament to PredictImmune 's strong partnership with Cambridge Enterprise and ensures that the ground-breaking work carried out in founder Professor Ken Smith 's laboratory at the Department of Medicine at the University of Cambridge is further translated into benefits for patients with these additional chronic , debilitating diseases .

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Sources

4

10

10

10

10

Cambridge Enterprise Team

1 Team Member

Cambridge Enterprise has 1 team member, including current Chief Technology Officer, Matt Whiting.

Name

Work History

Title

Status

Matt Whiting

Chief Technology Officer

Current

Name

Matt Whiting

Work History

Title

Chief Technology Officer

Status

Current

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