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  Pathfinder Investments are small investments made before a spin out company is created, often to establish whether a market exists for a technology or service. They are high risk investments but the best often go on to become a spinout company in which the Fund makes a further investment.


Cadherin Reagent Technology (Babraham Institute, BBSRC)
Cadherins function as adhesion molecules which ensure cell to cell cohesion, and they have been implicated in disease states such as cancer. Modulating cadherin adhesion opens new therapeutic opportunities in cancer treatment, but also skin diseases and drug delivery.
 

 
 

Off-line tumour diagnosis (Dstl)
Research using the Daresbury synchrotron has demonstrated that cancerous tissue can be distinguished from normal tissue by a unique x-ray diffraction technique. Small angle X-ray diffraction can be used to study the collagen bundles which form a matrix around all the cells in the body. When a malignant tumour is present in breast tissue, the matrix of collagen around the tumour becomes distorted and so the X-ray diffraction image produced is different from the one produced if no malignant tumour is present.
 

 

 
Histones (STFC)
In the process of purifying proteins for X-ray crystallography, the Daresbury / John Moores group have developed a new method which produces cheaply, at very high yield and in one integrated procedure pure histone proteins (hundreds of milligrams) and a very large number (about 40) of chromatin-associated proteins (in several milligram quantities).

Wound treatment using actives isolated from maggots (Dstl)
 
Professor David Pritchard of the University of Nottingham has researched the biological mechanism of maggot therapy for wounds over a number of years. He has found that the active enzymes are secreted and act extra corporally, and that identical enzymes, artificially purified or manufactured, will retain biological activity without the presence of the maggot. Professor Pritchard's research should lead to identification and manufacture of the agents responsible for incorporation into dressings or creams.  


Biotelemetry (Dstl)
Dstl have developed a family of bioltelemetry devices together with Retech Electronics. Application ranges from the animal monitoring to human brainwave monitoring. Through an exploitation agreement with Dstl, Rainbow paid for a study to see if these devices can be marketed more widely to other researchers. The study has been completed, and a spinout company has been formed to commercialise the products.


Luteovirus diagnostic (NERC)
 
NERC researchers have developed a diagnostic for the family of luteoviruses, which affect crops such as potatoes and barley. Luteoviruses are also commonly used as a vector for genetic modification, and so their presence can be used as a marker for identifying genetically modified organisms.  

Off-line tumour diagnosis (STFC)


Research using the Daresbury synchrotron has demonstrated that cancerous tissue can be distinguished from normal tissue by a unique x-ray diffraction technique. Small angle X-ray diffraction can be used to study the collagen bundles which form a matrix around all the cells in the body. When a malignant tumour is present in breast tissue, the matrix of collagen around the tumour becomes distorted and so the X-ray diffraction image produced is different from the one produced if no malignant tumour is present.

Oestrogen removal from sewage (NERC)
 
Researchers at the Centre for Ecology and Hydrology have developed a technique to increase the level of bacterial activity in sewage treatment works by an order of magnitude, so as to substantially reduce the amount of oestrogens in both sewage sludge and effluent.
 

In-line cell disruption and related technologies (Dstl)

This project is focused on improved methods of biological sample collection and processing. Use of the system with biosensors has shown several orders of magnitude improvement in sensitivity for bacterial detection with vegetative organisms and bacterial spores.

Xay screening (Dstl) 


DSTL have developed a unique technology for identifying threatening materials in aircraft hold baggage using X-ray diffraction techniques.
Possible markets include:
  • Baggage, mail and parcel screening
  • Cancer screening
  • Food processing
  • Customs and Excise


Millitron (STFC)
A compact, lower cost photomultiplier array for imaging applications. Anticipated applications include:
  • Analytical instrumentation,
  • Scintillation and particle counting,
  • Medical imaging

 
Electrical Resistivity Tomography (NERC)
 

Electrical Resistivity Tomography (ERT) is a relatively new and rapidly evolving geophysical technique for the non-invasive mapping of subsurface geology and anomalous ground conditions. ERT has potential applications for a wide-range of geoscientific problems, particularly in the shallow environmental, engineering and construction sectors.
 

Deep Etch Microfabrication (PPARC)

With the advent of micromachines and other micro-engineered devices and products using silicon processing in a non-microelectronic context, there is an increasing need to machine into the surface of silicon to far greater depths than are necessary for the production of electronic chips.

The PPARC technology is based on a method of ensuring that an etch into a silicon wafer starts from a uniform point when a required pattern is buried between two layers (eg SiO2 as in a Silicon-On-Insulator wafer).




Aberrant Gene Silencing (SCRI)
SCRI have developed a novel method of inducing gene silencing, applicable to both animal and plant systems. The scientific breakthrough was the discovery of a combination of unique genetic sequences which trigger the inhibition of gene expression, coupled with extensive know-how related to the required location of these sequences with respect to the gene and its associated terminator sequences. This method is potentially simpler, cheaper and more amenable to high-throughput applications than other available methods. The technology is potentially of interest to all companies interested in identifying the function of unknown genes, developing therapeutics and as a research tool for medical and agricultural scientists.

Protecta (BBSRC)
Protecta was established to commercialise novel vaccine technologies invented by Dr Adrian Smith at the Institute for Animal Health, Berks, UK. The company’s two key patent filings cover identification of protective antigens (PAF) for the design of new subunit vaccines and an adjuvant system based on activation of essential TLR immune stimulation signals (ATRIIS). The key benefits of the technologies include:
  • Accelerated identification of protective antigens
  • Three dimensional in vivo limiting dilution antigen selection process
  • Reduction of false leads
  • Simultaneous identification of protective antigen combinations
  • Potential applicability to allergy and cancer vaccines
  • Adjuvant technology to enhance the antigenicity of subunit vaccines
Both PAF and ATRIIS have the potential to accelerate the discovery, preclinical development, and greatly increase the success rate, of highly desirable new subunit vaccines.

Underwater Sonar Reflectors (Dstl)

The Dstl “Acoustic Cat’s Eye” provides an innovative solution to current underwater acoustic reflectors. The novelty of the design of the “Cat’s Eye” lies within its materials and dimensions of construction which geometrically focus an acoustic plane wave that is reflected off an internal surface of the device. These reflected acoustic signals are complemented with the propagation of the acoustic waves through the outer shell of the device, which provides constructive interference with the reflected waves, that boost the returned signal, to the extent that the passive acoustic reflector can, mathematically, almost match the performance of active transponders, when ‘pinged’ by an active sonar.  Working prototypes of the “Cat’s Eye” are currently being tested in collaboration with an industrial partner.

Temporal Synergy (BBSRC)

The output of pesticides with new active ingredients is slowing; the considerations of time and expense mean that pursuing new target-sites of pests is very much on the decline. However, pesticide resistance to existing chemicals is on the increase and this has a significant economic and animal welfare impact. Research at Rothamsted has resulted in the novel concept of specifically targeting the resistance mechanism first, followed by application of the pesticide. This has two advantages: less resistant pests can be killed with lower doses of insecticide or with a less potent chemical and ov ercoming resistance mechanisms allows resistant pests that previously survived sprays to be killed. As well as the clear economic benefits, this "temporal synergy" approach could result could be a reduction in the amount of potentially harmful chemicals used in the environment.


Spatially Offset Raman Spectroscopy (STFC)
 
SORS is a novel technique that uses Raman spectroscopy to characterise materials, developed by Prof. Tony Parker and Dr. Pavel Matousek of the laser department at CCLRC's Rutherford Appleton Laboratory. It can penetrate to several millimetres depth - at least one order of magnitude more than any other non-ionising technique - and characterise the chemical makeup of the upper and lower layers simultaneously.  
 
 

Norfolk Plant Sciences

Potatoes are susceptible to late blight, a virulent disease which occurs in all growing areas and can lead to major crop losses. To counteract this, even partially resistant varieties are usually sprayed with fungicides many times a season, which is costly in terms of agrochemicals, tractor fuel, CO2 emissions and soil compaction. Norfolk Plant Sciences (“NPS”) plans to build on the world-class expertise of scientists in the John Innes Centre and Sainsbury Laboratory to develop potatoes modified to be resistant to blight and to provide additional nutritional benefits.


Rainbow has invested £25,000 with the first investment made in 2008.



Cryox

The development of cryogen-free cryostats addresses the need of various markets including healthcare equipment such as MRI systems and electrical power equipment, with cryo-cooling being essential for important new products such as fault current limiters, themselves essential for the future implementation of highly efficient superconducting power cable networks.

The aim of Cryox is to commercialise the world-leading cryogenics expertise developed at STFC through its work on major projects such as Beagle, the ill-fated Martian landing craft and world-leading facilities such as ISIS, the world’s most powerful pulsed neutron source. The company is engaged in developing its first major product line and has already been engaged as consultants by a leading engineering company and is in discussions with another regarding potential new products.

Our Partners: Rainbow Seed Fund partners with these organisations...
 
 
 
The Rainbow Seed Fund provides seed capital to commercialise scientific research at our partner organisations:

BBSRC, CSL, Dstl, NERC, VLA, HPA, SCRI, STFC,  Macaulay, NPL and UKAEA

The Rainbow Seed Fund is managed by Midven Ltd, which is regulated by the FSA.

 
 
 


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