Investment in Endomagnetics Limited
UCL Business PLC, UCL’s knowledge transfer and technology commercialisation company, announces that it has led an initial investment round of €350,000 into Endomagnetics Limited, a spinout company which is commercialising magnetic sensing technology arising from research within the London Centre for Nanotechnology at UCL and the Texas Centre for Superconductivity at the University of Houston. Co-investors in the investment round were the Combined London Colleges University Challenge Seed Fund (“CLCUC”), Bloomsbury Bioseed Fund (“BBSF”), together with the founders and their friends and families.