Cambridge Enterprise Seed Funds today announced the successful sale of Genapta Limited to a North American instrumentation company for an undisclosed sum.
Skilful management results in sale of Genapta to major instrumentation company
“Genapta is a good example of a start-up that got the essentials right. They combined a high level of relevant technical expertise with skilful husbanding of financial and human resources. They avoided the trap of diluting their holdings through raising too much equity capital but instead were frugal personally and developed the product through collaboration with potential customers. Laterly, they were not afraid to strengthen the board with external technical, market and M&A expertise. Genapta is success story for the Cambridge Enterprise Seed Funds and for the founders.”
Cambridge Enterprise exists to help University of Cambridge inventors, innovators and entrepreneurs make their ideas and concepts more commercially successful for the benefit of society, the UK economy, the inventors and the University.