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Imperial coin

Imperial Innovations to add newcos, scale up existing portfolio with new funds

June 9, 2014 7:00 AM UTC

On the back of recent successes like the IPO of portfolio company Circassia Pharmaceuticals plc (LSE:CIR), Imperial Innovations Group plc (LSE:IVO) is raising funds to increase its investments in start-ups and support a maturing portfolio of companies.

The cash also will let Imperial make larger bets on its most promising companies, according to CEO Russ Cummings...