University of Nottingham celebrates six new spin-out companies
The University of Nottingham, UK, created six new spin-out companies during the 2025/26 university financial year.
The ventures emerged from research across the Faculties of Engineering, Health Sciences and Science, and Nottingham University Business School and span sectors including healthcare diagnostics, advanced electrification, quantum technologies and artificial intelligence (AI).
The achievement marks the university's strongest annual spin-out performance, bringing its companies to 44.
The Faculty of Engineering has launched two new ventures. HPDrive Technologies, created in partnership with GKN Aerospace, which is commercialising pioneering, megawatt-scale cryogenic electrical machine and drive technologies for sustainable aviation and future hydrogen-powered aircraft applications.
Another engineering venture builds on the work the University of Nottingham has done with NEMA Ltd, combining advanced electrical and electro-mechanical design capability, decades of aerospace actuation and certification experience, and established further UK manufacturing capability.
Shard Diagnostics produces accessible next-generation detection technologies for applications including oncology, infectious diseases, and point-of-care testing.
Qurae is helping healthcare organisations get more out of their data. Working in partnership with NHS trusts.
From the School of Physics and Astronomy, Contour Advanced Magnetic Design Ltd is commercialising expertise in the control of magnetic fields. Founded by Professor Mark Fromhold, Dr Alister Davis, Dr Christopher Morley, Dr Niall Holmes and Dominic Sims, the company builds on more than a decade of research supported by the UK National Quantum Technologies Programme. Contour continues to support the growing UK and global quantum supply chain, with applications across space, navigation, defence, clean energy, healthcare and agri-tech.
MarketNous has developed an AI-powered platform that helps traders and investors make better-informed decisions through transparent analysis of market, behavioural and macroeconomic data.
Through Nottingham Technology Ventures (NTV), its wholly owned subsidiary managing the spin-out portfolio, the university has made 19 investments in existing spin-outs to help them scale, secure future funding and maximise impact.
Earlier this year, the university launched its fundraising for a new Enterprise Investment Scheme (EIS) fund, managed by SyndicateRoom, which aims to provide further financial backing for high-potential spin-outs.
