View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Leadership
  2. Digital Transformation
May 4, 2020updated 05 May 2020 5:46pm

Liverpool’s Sciontec Science Park signs £12 Million Deal with Bruntwood SciTech

The bumper investment will give support to the city’s science and technology spin-outs, startups and SMEs.

By claudia glover

Council-owned science park Sciontech in Liverpool has signed a £12 million deal with UK property provider Bruntwood SciTech, to encourage growth within the city’s science and technology sector.

Bruntwood SciTech has bought a 25 percent share in Sciontech, with the bumper investment expected to boost the Liverpool’s science and technology spin-outs, start-ups and SMEs.

The Sciontec science park comes under the umbrella of the city-wide cultural project KQ (Knowledge Quarter) Liverpool, an organisation currently overseeing a two-billion-pound development programme in the city.

Liverpool Science Park, located in Merseyside, currently provides more than 120,000 square feet of office and commercial laboratory space in the knowledge quarter.

Read This! Liverpool launches digital currency based on Blockchain technology

According to a spokesperson for KQ Liverpool: “With the current buildings [in the science park] running at 90 percent occupancy, we intend to work with the LSP management team to deliver a business case for a fourth innovations centre, with a specific focus on digital technology and healthcare”.

Bruntwood SciTech, formed in 2018, invests in science and technology businesses throughout the UK. Its portfolio exceeds 600 businesses across the industry.

The deal was overseen and advised by law firm DLA Piper, liability partnership UK LLP, investment firm CBRE and tax consultant RSM UK during the bidding process and shares transaction.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Investment Will Help to Rebuild After Lock-down

Professor Dame Janet Beer, Vice-Chancellor of the University of Liverpool and Chair of Sciontec Liverpool, said: “Sciontec Liverpool, now with Bruntwood SciTech as an investor, demonstrates that private and public partnership works. It has commitment, momentum, capacity and delivery potential but more importantly, it is unique to Liverpool, yet now part of a much bigger national picture.

“Our strengths in fighting infection and disease, digital health, personalised medicine and civic data, materials chemistry, robotics, big data and artificial intelligence will be even more relevant as we move to the recovery phase which will follow the current crisis”.

Liverpool Science Park has also recently taken over the Facilities Management for Liverpool based IoT technology developer Sensor City, as the first step in creating a shared service platform across all of Liverpool’s science and tech assets.

Don’t Leave Before You’ve Read This! Five Questions with… Seal Software President Jim Wagner


Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.