Spin-out given more cash
FUSION IP, which turns university research into business, has ploughed more investment into a university spin-out.
The Sheffield company said along with Finance Wales and the ERA foundation, it has invested 350,000 into Mesuro, which sells advanced radio frequency testing and measurement systems to the communications industry.
It means Fusion now owns 45 per cent of Mesuro, which was spun out of Cardiff University.