LYVA Labs reposted this
This week at the 4th Liverpool City Region Innovation Investment Summit our panellists discussed the challenges and opportunities for Universities in driving high growth clusters. Chaired by Lorna Green, CEO LYVA Labs, Prof Tim Jones of the University of Liverpool, Prof David Lalloo of LSTM Enterprise & Innovation and Prof Mark Power of Liverpool John Moores University outlined the significant impact of the universities to the regional economy. This week Beauhurst, in collaboration with Parkwalk Advisors, launched their report exploring how UK spinouts are powering the future economy — from record-breaking biotech raises to the growing role of AI and digital technologies. The top sectors for investment align with the government’s Modern Industrial Strategy, where life sciences and advanced tech are central to long-term growth. Key findings include: • Record £3.35b invested in 2024, more than 40% year-on-year • Two landmark raises: Autolus (£436m) and Bicycle Therapeutics (£435m) • Signs of a more balanced national picture emerge, with the introduction of new funds and government support set to boost the northern regions. Spinouts in the North West have attracted the most investment in the North, securing £852m since 2015. Manchester-based spinouts reached a record £56m in 2024. While other regions of the North lag behind, initiatives including the government’s £30m university spinout fund and its £8m commitment to the Strategic Commercialisation Ecosystem North East (SCENE), aim to boost innovation, strengthen spinout activity across the North, and support the UK’s wider strategic objectives. Read the full report here: