Helio Display Materials, the first joint Oxford and Cambridge university spin-out, has taken laboratory and office space at The Oxford Trust’s Wood Centre for Innovation in Headington.
The company was founded by Professor Henry Snaith and Professor Sir Richard Friend.
Helio Display Materials is creating technology for the next generation of light-emitting materials and technologies for TV, display and lighting applications.
The application of the technology enables increased brightness, colour range and power efficiencies that were previously thought unachievable at industrial scale.
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Simon Jones, chief executive officer, Helio Display Materials said: “I have been deeply impressed by the professional and flexible response of the Wood Centre for Innovation team to Helio’s specialist requirements.
“Working together, we are creating the perfect home for Helio’s next exciting phase of accelerated product development.
“Its hugely valuable that the Wood Centre for Innovation is there for companies like Helio and I look forward to being part of the active community of technology start-ups that they have created.”
Helio Display Materials is one of eight companies to take space following a two phase £1m high spec laboratory conversion project at the Wood Centre for Innovation which has seen a total of 9,500 sq ft of office space converted into bioscience and deep tech facilities in response to the unprecedented demand from science and tech start-ups wanting to be based in Oxford.
The conversion project has been helped by £0.3 million of support from the Government’s Local Growth Fund, secured by Oxfordshire Local Enterprise Partnership.
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Phase 1 has attracted stellar companies including DJS Antibodies, Samsara Therapeutics, Human Centric DD, and LabMedExpert.
In Phase 2 the remaining space has been taken by two companies.
Oxford University spin out, OxDX Ltd, which is creating instant disease diagnostics using super-resolution microscopy and machine learning.
OXDX has recently announced a £2.6m pre-seed fundraise to develop their AI powered rapid diagnostic technology.
The funds will support the expansion of their team and further validation of their novel technology, and ultimately help to improve the cost and access to infectious disease diagnostic worldwide.
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Located in a stunning woodland setting, the Wood Centre for Innovation offers a wide range of flexible workspaces for companies to expand their businesses. It features private offices and socially distanced co-working space in the Barclays Eagle Lab, to specialist R&D facilities, laboratories and workshops, with space available for science or technology-focused companies.
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