In February 2016 three past i-Teams projects raised over $17m in funding between them!
Sphere Fluidics (Michaelmas 2008) raised $7m for development of a single cell analysis system. Aqdot (Michaelmas 2011) raised £5m for company development, and Silicon MicroGravity (Michaelmas 2010) raised $3m in its first funding round.
More details here:
Sphere Fluidics wins $7 million for development of single cell analysis system
Encapsulation specialist Aqdot announces £5 million funding round
Cambridge spin-out secures $3m to improve oil recovery efficiency