o2h group acquires the 2.76 acre heritage Hauxton Mill site, Cambridge, UK with plans to develop it into the Mill SciTech Park to create one of the region’s most exciting community of entrepreneurs in life-science, technology and social enterprise.
o2h group are embarking upon an ambitious plan to restore the derelict Mill buildings dating back to the 16th century and open a café to the public along one of the most popular heritage walking routes in Cambridge. The Mill SciTech Park will create a new and unique landmark in Cambridge and shall include three major buildings, Hauxton House, The Old Mill Warehouse and The Cell. The co-working and biology lab spaces will be available to entrepreneurs in what will be designed to be a highly stimulating, collaborative and innovative culture.
o2h ventures has made more than 20 seed investments predominantly with a connection to the Cambridge region. o2h ventures will continue to invest and support a number of the in-house entrepreneurs in the Mill SciTech Park community.
Figure 1: Hauxton Mill is a Grade II Listed building arranged over 3 stories; it was last used in 1972.
About o2h group
o2h group seeds new ideas in science, technology and social enterprise. We work across boundaries and take a collaborative and shared approach to innovation, and therefore we co-invest, co-create and co-execute to bring these ideas to life. o2h group is co-located in Cambridge UK and in Ahmedabad, India and has 6 verticals covering Venture, Discovery (Services), Therapeutics, Technology, Co-work and Community. See www.o2h.com for more details.
Sunil Shah, CEO of o2h group commented “We are really excited to acquire the Hauxton Mill site, this is a key part of the o2h group ecosystem in which we enable and nurture great science and technology companies to flourish. The co-work space at the Mill SciTech Park, allied to our research, seed investment and technology capabilities provide start-ups with the best possible chance to move from seed stage to commercial success”.
Jonathan Milner, Super Angel and Founder of Abcam commented ‘I am super excited about the Mill SciTech Park which will enhance still further the Cambridge eco-system for nurturing world class life science companies and entrepreneurs. The Park will give the greatest possible opportunity for innovation, growth and both regional and international collaboration, whilst o2h group’s successful track record in nurturing and building businesses will help in generating the next wave of pioneering Cambridge-based life science companies. I already have a number of co-investments with o2h group and look forward to collaborating on many more in the future.”
Press Link : Hauxton Mill
Contact:
Sunil Shah, CEO of o2h group, info@o2h.com
