News & Features

Venture Investment news 2012

December 2012

17/11/2012 - Featurespace CEO Martina King features on TheIntegratedRetailer.com

She discusses how businesses must ensure customers won in the run up to Christmas remain loyal customers throughout the rest of the year.

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November 2012

13/11/2012 - Geophysics and energy High performance for high-end applications

This sector includes the oil, gas and energy companies using high performance computing systems for seismic modelling and exploration. The requirement is for large scale, high bandwidth, low latency networks.

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13/11/2012 - Emulex and Gnodal Partner to Deliver Solution for High Frequency Trading Environments
Solution Delivers More Than 50 Percent Less Latency Compared to Other Industry Standard 10Gb Ethernet Networks

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13/11/2012 - Gnodal and Chelsio Complete 10 Gigabit Ethernet Switch Server Adapter Testing

Today at SC12, Gnodal Limited, a systems company delivering industry leading performance, port density and low power to the high-performance data center with GS-Series switches; and Chelsio, a leader in 10 Gigabit Ethernet (10GbE) Unified Wire networking adapters, announced industry leading benchmarks of MPI performance using the OSU MPI stack in a test with the Gnodal GS7200 10/40GbE switch and Chelsio T420-LL-CR adapters.

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15/11/2012 - PerkinElmer Dexela has been granted Approved Exporter status in the UK

In line with our commitment to continuously improve the service to our customers, we are pleased to announce that the UK Customs authorities have granted Dexela Ltd, a PerkinElmer company, the status of Approved Exporter. This exciting development allows PerkinElmer to claim Preferential UK Origin for the export of our family of flat panel CMOS-based X-ray detectors. Although this certification will be used primarily to facilitate trade with our customers in South Korea, it could also be used for exports to several other countries with which the EU has concluded a Free Trade Agreement.

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16/11/2012 - Mont-Blanc Project Selects Samsung Exynos 5 Processor

The Mont-Blanc European project has selected the Samsung Exynos platform as the building block for powering its first integrated low power- High Performance Computing (HPC) prototype. The aim of Mont-Blanc project is to design a new type of computer architecture capable of setting future global HPC standards, built from today’s energy efficient solutions used in embedded and mobile devices.

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October 2012

01/10/2012 - Lein announces new investment to drive commercial opportunities

Lein is delighted to announce that it has just closed the second tranche of the investment round agreed in February 2012. This additional investment will enable the company to realise the large number of commercial opportunities that have been identified for its innovative confocal technology.

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01/10/2012 -Probe Scientific appoints a new Chairman

Probe Scientific is pleased to announce the appointment of George Zajicek as Chairman. George brings with him significant diagnostic and phmaceutical industry experience

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02/10/2012 - Flextronics announcement

Cellnovo, developer of the first mobile Diabetes Management System, today announced that it has entered into a Manufacturing Service Agreement with Flextronics Medical. In order to maximize economies of scale, Cellnovo will outsource the production of its system components. The company will maintain its development and prototyping activities at its Swansea facility.

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17/10/2012 - Featurespace Unveils Next Generation Solutions for Tackling Fraud and Customer Churn

Featurespace has launched two innovative new next generation solutions that help businesses address key issues around fraud and customer churn. Snowdon delivers real-time fraud prevention that helps organisations reduce risk while aggressively growing their business. Nevis enables businesses to protect their investment in customers by identifying and preventing churn before it starts.

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25/10/2012 - How Gnodal Solves the High Performance Switching Problem Inherent in the Cloud

In an effort to resolve an ever-present contributor to data center complexity, much work has been invested in software-defined networks that allow enterprises to define the paths of network traffic using software. However, in the end, physical boxes must still be connected to each other. No matter how much software definition there is, the traffic still has to travel over a switch.

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24/10/2012 - BVT Technologies

Probe is working closely with BVT technologies to further develop continuous glucose monitoring systems.

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31/10/2012 - Wellcome Trust and investors back clinical

Haemostatix Ltd, a biopharmaceutical company, announced today that it has received an additional £1.4 million Translation Award from the Wellcome Trust to continue development of its innovative haemostat technology. The funding coincides with a further £800,000 investment from Albion Ventures, Catapult Venture Managers, Spark Ventures, Esperante, Nesta, the Lachesis Fund, The University of Leicester and private share-holders. The new funds will enable Haemostatix to progress its lead product, PeproStat, into clinical trials.

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September 2012

25/9/2012 - Big data analytics computing requires a 'maverick fabric' network
The high-performance computing (HPC) scientific/academic sector is accustomed to using commodity server and storage clusters to deliver massive processing power, but comparable large-scale cluster deployments are now found in the high-end enterprise as well.
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20/9/2012 - Plaxica’s Demonstration Plant Enters its Commissioning Phase
An important milestone was reached this week with the start of chemical commissioning of Plaxica’s demonstration plant at Wilton, Cleveland UK
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18/9/2012 - Industry-First Benchmark Validates Gnodal Congestion-Avoidance Fabric
Network Test Identifies 3 Top Issues in High Performance Computing Critical for Cloud, Storage
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6/9/2012 - Featurespace Supported Initiative Funded by Leading UK Government Agency CSML and Featurespace Will Link Top Academic Research with Real-world Commercial Challenges
Cambridge-based software vendor, Featurespace, is delighted to confirm it will be playing a leading role in the newly announced Computational Statistics and Machine Learning (CSML) research network, funded by the Engineering and Physical Sciences Research Council (EPSRC).
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August 2012

29/8/2012 - UK investor syndicate sells Sirigen to BD
Venture capital backed High Sensitivity Fluorescence Business, Sirigen Group Limited, has been acquired by BD (Becton, Dickinson and Company), a leading global medical technology company for an undisclosed sum.
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20/8/2012-Symetrica Inc. Joins Border Security Technology Consortium
Symetrica Incorporated today announced it has joined the Border Security Technology Consortium sponsored by SCRA. Symetrica is a provider of radiological and nuclear detection devices for homeland security applications and works with Department of Homeland Security Customs And Border Protection, US Coast Guard and other agencies to monitor, detect and identify potential threats to the U.S. from illicit trafficking of rad/nuc materials.
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7/8/2012 - Deep sea 'solution' to superbugsAn Argyll firm has announced the discovery of a new antibiotic compound which it believes could combat a number of Multi-Drug Reistant bacteria.
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1/8/2012 - CTS1 Measures Tissue Thickness
Lein’s technology will be acknowledged in a poster to be presented by TAP Biosystems at TERMIS in September.
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July 2012

10/7/12 - Probability selects Featurespace to improve customer retention
Probability, the UK’s leading developer of gambling games for mobile users, has chosen Featurespace’s Nevis™ Customer Churn solution to improve the depth of its customer behavioural knowledge and the accuracy of its retention activities
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5/7/12 - Gnodal: UK's Emerald Supercomptuer Enters Service
The UK's most powerful GPU-based supercomputer, "Emerald," entered into service on July 3, 2012, alongside the "Iridis 3" system. The combination of these two high performance computing systems will give businesses and academics unprecedented access to their super-fast processing capability.
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June 2012

29/6/2012 - Ending the stress of quartz clock generators
For decades the quartz crystal has dominated the market for clock generators — and with good reason. It has proven the only reliable way to generate accurate clock signals suitable for a wide range of systems. But quartz has severe limitations that are becoming increasingly difficult for designers of portable devices, such as smartphones and media players, to deal with.
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28/06/12 - Design-Technology Incubation Roundtable
Starting new businesses in the UK is relatively easy. Sustaining and scaling them is more difficult. Business incubators and accelerators can have a major impact on start-up survival and growth. An event to hear Incubator and Incubatee perspectives on the challenges, successes and processes that have been emerging during the incubation of student start-ups with disruptive design-technology innovations.
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20/6/12 - CellCentric and ZoBio Enter into Partnership to Develop Lead Compounds Against Epigenetic Drug Targets
CellCentric and ZoBio are pleased to announce that the companies are working together to discover lead compounds against CellCentric's portfolio of epigenetic therapeutic drug targets. ZoBio will use its proprietary TINS technology to screen its fragment library against targets nominated by CellCentric.
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13/6/12 -
Haemostatix Ltd secures further investment in new haemostat for surgery
Haemostatix Ltd, a biopharmaceutical company, announced that it has received an investment of £250,000 from Esperante to support development of its innovative haemostat technology.
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May 2012

14/5/2012 - Mentor Graphics Helps eoSemi Solve the Challenge of Silicon Oscillator Design
eoSemi and Mentor Graphics (NASDAQ: MENT) today announced that the Pyxis™ Custom Design environment, Eldo® simulator and Calibre® tools have been used in the design and verification of eoSemi’s recently-announced ATOC™ (Accurate Timing Oscillator Circuit) silicon oscillator products.

March 2012

13/03/12 - eoSemi unveils silicon oscillator technology
eoSemi has announced further details of its innovative silicon oscillator technology, and announced that it has commenced shipping pre-commercial versions of its first product.
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02/03/12 -Basekit founder makes history with New York Fellowship
Simon Best, creator of DIY web building service Basekit, has become the first Briton to be selected for the prestigious NYC Venture Fellowship in New York.
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February 2012

08/02/12 - Cellnovo launches world first mobile-connected diabetes management system
Cellnovo has announced the launch of the world's only mobile-connected diabetes management system, and the start of the largest usability trial ever to investigate insulin pump technology for patients with type 1 diabetes. The trial will also be the first in which all clinical data is captured remotely, in real-time; using the mobile data connectivity of the Cellnovo system.
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