OxValue.AI inks deal with Innocare (Tianjin) Proof-of-Concept Limited
19 Sep 2023
Company news - On June 29, 2023, Professor Xiaolan Fu, founder of OxValue.AI, and Mr. Xinyuan Xu, Chairman of Innocare (Tianjin) Proof-of-Concept Limited concluded an agreement to make OxValue.AI's technology valuation service available to Innocare (Tianjin)'s portfolio of promising university technologies.
OxValue.AI and Innocare (Tianjin) anticipate a strong alliance that will provide accurate and objective valuation services for innovation teams and start-ups in Tianjin, China. The ambition is to deepen industry's understanding of the value of innovation conducted in academia, promote its commercialisation, and accelerate economic growth in Tianjin.
OxValue.AI has entered into Memorandum of Understandings (MoUs) with a number of enterprises and institutions worldwide. We have provided valuation services to a range of enterprises across Chinese cities, including Shanghai, Beijing, Suzhou, Shenzhen, Guangzhou, and Tianjin, as well as to prestigious universities such as the University of Oxford, the University of Cambridge, and Imperial College London. Moreover, we have forged strategic partnerships with leading global institutions in the European Union, the United Kingdom, China, and Japan.
OxValue.AI is a technology spin-off company from the University of Oxford that provides an efficient and practical set of industry tools for technology and startup valuation. It offers a differentiated approach to valuation using a methodology developed by senior academics for more than eight years. A novel theoretical framework is combined with machine learning, and uses proprietary samples of around 20 years of global data to produce fast, accurate and objective assessments of a technology's worth.
About Professor Xiaolan Fu
Professor Xiaolan Fu, founder of OxValue.AI, is a Professor of Technology and International Development at the University of Oxford, a Fellow of the Academy of Social Sciences, and the Founding Director of the Technology and Management Centre for Development (TMCD).
She has authored several books and received awards for her research on innovation, technology policy, and management. Her research interests include valuation, knowledge transfer, inclusive development, and green innovation. She was appointed by the Secretary-General to the Governing Council of the Technology Bank of the United Nations.
About Innocare (Tianjin) Proof-of-Concept Limited
Innocare (Tianjin) Proof-of-Concept Limited is the first market-oriented proof-of-concept center in Tianjin, focusing on the transformation of scientific and technological achievements and early investment in universities. It is located in Tiankai Higher Education Science and Technology Innovation Park.