TECH BYTES
The developer of a unique odour- erasing spray is enjoying the sweet smell of success. Supramolecular chemistry firm Aqdot’s recently- launched Oderase product is the only fragrance-free odour-erasing spray on the UK market, and has been given the thumbs up by several consumer groups, including Good Housekeeping , since its launch through online supermarket Ocado. It’s based on the company’s proprietary AqBit chemistry platform, which Aqdot says has a unique ability to capture, hold and release materials as required. The success of Oderase has helped Sawston-based Aqdot secure a not-to-be-sniffed-at £6m in Series B funding. The cash injection has come from existing investors, including Parkwalk Advisors and IP Group. CEO Tim Wright said plans are afoot for the introduction of further products in the Oderase range, while partnerships with leading household and personal care companies are also in the pipeline. “We are grateful to our shareholders for all of their support as we launch new products. We are excited to accelerate the build of our own commercial team while, in parallel, actively seeking new commercial partners,” Wright said. Alastair Kilgour, co-founder and partner at Parkwalk, added: “The Aqdot team has made rapid technical and commercial progress. We are pleased to support them as they move into the growth phase of the company, pursuing revenues in numerous business verticals.” SMELL OF SUCCESS
ABOVE Heaven’s Vault, developed by Cambridge-based Inkle Studios, is an open-world adventure that combines 3D environments with hand-drawn 2D art
31
ISSUE 01
cambridgecatalyst.co.uk
Powered by FlippingBook