
Cambridge Judge Business School announces Risilience spin-out
University of Cambridge Judge Business School and a group of international investors today (21 October) announced the launch of Risilience, a new commercial company offering a platform applying the research frameworks and approaches of the Centre for Risk Studies at the Business School.
Risilience and its SaaS (software as a service) platform were launched with Series A funding of £6.05 million from investors including lead investor IQ Capital, insurance multinational Tokio Marine, and US MIT alumni investment fund Castor Ventures.
The company’s products include a platform to help firms transition to a low-carbon economy, so the launch just before the COP26 climate-change conference in Glasgow is very timely.