18 November 2004
Oxford Diffraction Raises Expansion Funding.
11 September 2004
Universität zu Lübeck to use an Oxford Diffraction Xcalibur PX Ultra system for Crystal Structural Studies of SARS Virus Proteins
26 August 2004
Oxford Diffraction launches GEMINI – the complete service diffractometer – at ECM22
12 July 2004
24 June 2004
The Structural Genomics Consortium in Oxford becomes a protein crystallography reference site for Oxford Diffraction
1 November 2003
Oxford Diffraction relocate to new premises
22 May 2003
Oxford Diffraction Launch Platinum Level US Reference Site for Crystallography at Virginia Tech
15 September 2003
Johann Wolfgang Goethe-Universität, Frankfurt, becomes German reference site for Oxford Diffraction
21 January 2003
Oxford Diffraction Limited Announce Collaboration with York Structural Biology Laboratory to Evaluate New Protein Crystallography X-ray Diffractometer
11 October 2002
Oxford Diffraction Launch Gold Level US Reference Site for Crystallography at Virginia Tech
12 November 2002
Swiss Norwegian Beamline Purchase New Large Area CCD Detector for Six-Circle Synchrotron Diffractometer from Oxford Diffraction Limited
10 September 2002
Oxford Diffraction launches Xcalibur PX – a compact and cost-effective
macromolecular crystallography system
7 March 2002
Crystal Cooling to <15 Kelvin : Oxford Diffraction's Helijet put through its
paces at the ESRF, Europe's leading Synchrotron
30 March 2001
Venture Funding for Oxfordshire spin-out to uncover the structure of molecules and proteins
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18 November 2004
Oxford Diffraction Raises Expansion Funding.Oxford Diffraction Limited secures expansion funding from existing investors TTP Ventures and a new investor Enterprise VCT plc (advised by Noble Fund Managers).Oxford Diffraction Limited has secured expansion funding from existing investors TTP Ventures and a new investor Enterprise VCT plc (advised by Noble Fund Managers). The round represents a significant uplift in valuation on the previous round of funding. Oxford Diffraction was formed in 2001 and has grown strongly since its first round of investment, rapidly increasing its market share in the fields of chemical and protein crystallography in both Europe and North America. The company will employ the new funding to accelerate its expansion and also to help fund the development of future products. Paul Loeffen, chief executive of Oxford Diffraction, said “I am delighted that we have secured this funding as it will enable us to build on the exceptional growth that we have seen in the past few years by further improving our offering and service to customers”. TTP Ventures is a Cambridge-based venture capital fund that specialises in early stage technology based companies. Jonathan Pearce, who is a Director of Oxford Diffraction, and worked on the deal for TTP Ventures said “Oxford Diffraction has made excellent progress since our initial investment. The success of their products, which are the most innovative and cost effective in the market, have helped propel the company into profitability. The new funding will help the company build on this momentum”. Enterprise VCT plc is a Venture Capital Trust advised by Noble Fund Managers, the fund management arm of Noble Group. Noble Group is an employee owned investment bank based in Edinburgh and London. Doug Fleming worked on the deal for Enterprise VCT plc and said “We are very pleased to have the opportunity to invest in Oxford Diffraction. With a market leading product and significant installed base the management team have put in place a great platform for future growth.” TTP Ventures |
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