For those who measure the success of startup ecosystems by counting unicorns, the Cambridge University cluster is doing particularly well. A report by Sifted, using numbers provided by Dealroom, suggests that out of the 78 $1 billion companies created in Europe last year, the university and its alumni accounted for 12, with another 22 tipped to attain unicorn status in the near future.
But Cambridge would like to do better. This week, Cambridge Enterprise – the body responsible for supporting the commercialisation of university research – announced the launch of a new initiative aimed at boosting the creation and scaleup of technology and science-driven companies.
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