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2020/21 Innovation activity - Mathematical, Physical and Life Sciences Division

Companies formed: 14 new companies, 4 social enterprises, 11 spinouts.

£411m external investment in portfolio companies.

£12.1m seed stage funding.

112 consulting engagements.

£109.3m research contracts and awards from industry.

Spinout case study: Yasa. Founded 2009, Department of Engineering Science. In 2020/21 Mercedes Benz acquired Yasa, accelerating adoption of the world's most efficient electric powertrain.

Spinout case study: Oxford Nanopore Technologies. DNA and RNA sequencing. Founded 2005, Department of Chemistry. £3.4bn IPO - UK's biggest spinout IPO, and 5th biggest spinout IPO worldwide.