Imperial Innovations

Imperial Innovations and the European Investment Fund are each to put £24.75M into the University College London fund UK, which will be managed by the VC firm Albion Ventures

The London tech-transfer company hits some high financial notes, with announcement of its annual results.

From time to time the idea of introducing anti-dilution provisions into university spin-out company shareholder agreements re-emerges for discussion.

The technology-transfer unit of Imperial College London, continuing preparations for its stock-market debut on 31 July, said it has completed a £25 million private placement and set a public share price that would value the business at £181 million.