Frontier IP Secures Key Partnership to Launch Cambridge Innovation Hub
Deal News | Jun 13, 2025 | Business Cloud
Frontier IP has announced a strategic partnership with Abstract Mid-Tech Limited to establish a new innovation hub at the South Cambridge Science Centre. The partnership involves a 20-year lease on a 18,000-square-foot facility, aimed at supporting startup and early-stage science and technology companies. London-based Frontier IP will sublet space to its portfolio companies, particularly focused on deep technology and life sciences. The location, near the Cambridge Biomedical Campus, promises substantial synergies and proximity to significant industry players like GSK and AstraZeneca. An upfront payment of £1 million was made to Frontier IP, along with a 12-month rent-free period. The innovation hub, set to open by the end of 2025, is expected to significantly enhance Frontier IP's growth by fostering collaborations and accelerating the development and scale-up of its portfolio companies.
Sectors
- Intellectual Property Commercialisation
- Science and Technology
Geography
- United Kingdom – The innovation hub is located in Cambridge, UK, with Frontier IP based in London and working within the UK and EU.
- Cambridge, UK – The specific location of the innovation hub, offering strategic advantages due to proximity to the Cambridge Biomedical Campus.
Industry
- Intellectual Property Commercialisation – Frontier IP specializes in commercializing intellectual property, providing hands-on services to build businesses.
- Science and Technology – The new hub will support science and technology startups, with a focus on deep technology and life sciences.
Financials
- £1 million – Upfront cash payment made by Abstract to Frontier IP.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Frontier IP | Innovation Hub Developer | Companies | A London-based intellectual property commercialization specialist. |
| Abstract Mid-Tech Limited | Facility Developer | Companies | Developer of the South Cambridge Science Centre where the hub will be located. |
| Neil Crabb | CEO | People | CEO of Frontier IP, involved in executing the innovation hub strategy. |
| Mark Glatman | CEO | People | CEO of Abstract, facilitating the development of the SCSC. |