Warwick launches 50th spin-out as Warwick Ventures becomes independent

Warwick University’s technology transfer arm, Warwick Ventures has spun out 49 companies and to celebrate its 50th is launching a significant new company - itself.

After 10 years helping Warwick researchers set up companies and commercialise their research, Warwick Ventures Ltd has become a spin-out company in its own right.

Warwick Ventures Director Ederyn Williams said, “In 10 years we have made over 100 patent applications, founded 49 companies and raised over £30 million in funding for those companies from venture capitalists and business angels. That was achieved simply as an office within the university.”

“As a company in our own right we can empathise even more with the companies we create and the partners we seek for them, and win not just more respect but more funding and more opportunism to create new knowledge based businesses.”

Some of the 50 companies launched by Warwick Ventures include:

• Warwick Audio Technologies: Researchers from the University School of Engineering, have founded a company, based on a special flat thin speaker, that now employs 10 staff in Warwick and South Wales; 
• Streamline Computing: from Warwick’s Computer Science department, now has over 20 staff and £5 million sales. It has provided supercomputer systems to over 100 customers in the UK and Europe; 
• Warwick Warp: Warwick Computer Scientists, developed software for better computerised fingerprint matching, which is now used in dozens of sites.