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Nick Ansell

A venture capital fund established by the University of Cambridge could go public within the next 18 months, The Financial Times (FT) reports.

Cambridge Innovation Capital (CIC), founded by Cambridge University in 2013 to fund startups that are spun out of the university's academic labs and other pockets of Cambridge, announced on Friday that it had raised a £75 million fund ahead of the planned flotation.

Image: Nick Ansell