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Venture capitalist to set up Edinburgh hub



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SEATTLE Accelerator Corporation, a £2bn venture capitalist specialising in life science deals, said it plans to replicate its incubator operation in Edinburgh by establishing what would be its European hub.
It expects to invest at least £12.5m in seed capital within the first four years.

Accelerator's plans bring some relief to the Scottish life sciences sector after Ardana last week put itself up for sale and Aim-listed Stem Cell Sciences, the pioneering Edinburgh University spin-out, announced it was moving to Cambridge.







The full article contains 91 words and appears in Scotland On Sunday newspaper.
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  • Last Updated: 23 February 2008 4:48 PM
  • Source: Scotland On Sunday
  • Location: Scotland
 
 

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