University start-ups aim for the Facebook formula - The Financial Times

Earlier this year, Future Planet Capital, a global innovation platform, announced the launch of a $39m British Innovation Fund, designed to focus on the “commercialisation of research emerging out of UK universities”.

“For us, innovation is a new and profitable way of doing things,” says co-founder Douglas Hansen-Luke. “We’re looking for projects with the potential to work and make a profit.”

Future Planet also acts as a platform for some of the world’s largest sovereign wealth funds, scouting opportunities among emerging talent at universities around the globe.