It’s a co-working company sweeping the world, but now WeWork is putting its money where its mouth is and handing out millions of pounds through business grants.
Crowdfunding has just seen its third European healthcare company step up to the plate this week. Following in the footsteps of medical diagnostics company EyeBrain and Scottish-based Parkinson’s disease research firm Parkure, Cell Therapy raises a record amount of money, highlighting the latest trend of biotech investment.
Try boiling one potato in a whole saucepan full of water – it takes ages, is wasteful and, as economists would say, is highly inefficient. There are two solutions. You can tip out most of the water and try to find the perfect amount to boil one potato – try modelling that! – or you can throw in a few more spuds.
Contrary to popular wisdom, VC investments in biotech provide faster exits than medtech deals, a new study by Silicon Valley Bank has found.