Sense Biodetection moves on to pastures new
You might think that, as a company that provides office and lab space, we would be pretty upset to lose a customer. Well, in many ways we are - we work very closely together, build strong relationships and it feels like losing a member of the family. However, the flip side of that coin is that when, in Sense Biodetection’s case, the company is graduating because they have scaled beyond a point that we are able to support them, we are immensely proud and want to join in with them in celebrating success.
Sense Biodetection joined us when it was a seed stage company in 2016 and we helped them to expand four times within the centre. In April 2021 the company announced a $50m Series B investment to advance commercialization of its Veros™ COVID-19 product and continue development of a portfolio of instrument-free, rapid molecular tests. Company founder and Chief Business Development Officer, Harry Lamble said, “Culham Innovation Centre provided us with essential foundations for success. Their flexibility and continual support enabled us to achieve ambitious growth.”
Sense is a global molecular diagnostics company focused on empowering patients and transforming healthcare access and affordability by bringing lab-quality results though easy-to-use, rapid, disposable molecular tests without the constraints of an instrument. The company's Veros™ product platform will enable widespread testing to enhance patient access, improve patient health and lower systemic healthcare costs. Backed by respected investors, such as Koch Disruptive Technologies, Cambridge Innovation Capital, and Earlybird Health, Sense is growing rapidly as it prepares to launch Veros™ COVID-19 and build a portfolio of tests for other diseases.
The purpose of Oxford Innovation is to give innovators the best chance of bringing their world changing ideas to life. Our workspaces are designed to flex around a business as they develop and are complemented by expert business support. Sense is obviously destined for success and their technology will have a hugely positive effect on many people’s lives.
We’re very sad to see them go, but we’re thrilled that the company is doing so well, and we’d like to think that we had a tiny part to play in their journey. We wish them all the very best for the future and look forward to hearing about future successes.
Greencore graduates from Culham IC
At Oxford Innovation our mission is to help small companies to flourish and grow. We do everything we can to accommodate companies’ growth with the flexible nature of our premises, but eventually the time comes when they outgrow our services and need to move to bigger premises. It’s always sad to say goodbye, however, in the case of our tenants, Greencore Construction, it’s also a true celebration of success.
Culham Innovation Centre celebrates 20th anniversary
Today marks 20 years since Oxford Innovation first opened the doors of Culham Innovation Centre, which has supported over 200 businesses on their journey of growth including Reaction Engines, OXIS Energy, Tokamak Energy and Kaspersky.
Oxfordshire BioScience Network
We are delighted to announce that we are Umbrella members of Oxfordshire Bioscience Network. With 400-plus Member companies, located across the Golden Triangle and beyond to Manchester, Nottingham, the Midlands, South Coast and Scotland, it is the UK bioscience membership group with the largest national reach.