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Indirect spin offs

Our dissemination and concentration activities led to VirRAD opening a dialogue with a European University, which led to meetings with their spin-off companies. The dialogues led to the discovery of a problem with funding European high risk, fast growth, spin-off and breakaway companies, which led to two commercial opportunities.

VirRAD Executives are engaged in writing an Investment Proposal Document for sourcing equity investment funds for the University's spin-off companies and sourcing the equity investment funds needed. The exercise led to discussions with a number of private-institutional investors about the formation of a New Venture Capital Fund and Fund Management Company, specialising in the provision of investment in and external management of technology spin-off companies. The details of the discussions are confidential and will not be made available at this time.

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Navimetric SL
Els Falcons RK97, Poligono 33
03640 Monovar, Alicante
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