Deal Round-up 21/12/01

Interregnum invests in Link and a University of Leeds Department wins seed funding from White Rose Technology.

Interregnum's £360,000 investment in Link

IT investment and advisory firm Interregnum has invested £360,000 in Belgian e-collaborative software company Link Software that enables companies to share information automatically without the need for specialist systems knowledge.

Engine innovation project takes £250,000 funding

Dr Greg Horler of the University of Leeds’ Department of Electronic and Electrical Engineering has produced a digital wireless telemetry system to collect engine performance data, and has set up a company, Instrumental, to develop the project commercially.

Instrumental has now received £250,000 in start-up capital from the Leeds-based White Rose Technology Seedcorn Fund (WRTSF). The WRTSF is a £6m venture capital fund owned by the universities of Leeds, Sheffield and York. Instrumental is the fund’s third investment.