Carol Cheung promoted to Principal at Cambridge Innovation Capital
Cambridge Innovation Capital (CIC), the venture capital investor enabling visionaries to build global, category-leading companies in the Cambridge ecosystem, is delighted to announce that Carol Cheung has been promoted to Principal within the CIC investment team.
CIC participates in $8.5 million Series A funding round in AudioTelligence
AudioTelligence, the company dedicated to making speech clear and intelligible in a noisy world, today announces that it has raised a further $8.5 million (£6.5 million) in Series A funding. The round was led by Octopus Ventures, with participation from existing investors Cambridge Innovation Capital, Cambridge Enterprise, and CEDAR Audio.
Cambridge Innovation Capital attracts £1 billion of investment into Cambridge companies
Since its foundation, Cambridge Innovation Capital has attracted £1 billion of investment into Cambridge companies, highlighting its dominant position at the heart of the innovation ecosystem.
Sense Biodetection raises £12.3m to progress instrument-free molecular diagnostics
Sense Biodetection Limited (Sense) developers of simple, ultra-rapid, handheld tests for flu and other infectious diseases has raised £12.3M, in a funding round led by Cambridge Innovation Capital, with participation from Jonathan Milner.
CIC participates in CMR Surgical’s £195 million ($240 million) Series C financing
Cambridge Innovation Capital (CIC) takes part in Europe’s largest private financing round in the medical technology sector.
CIC participates in Gyroscope Therapeutics’s £50.4 million Series B funding
Cambridge Innovation Capital plc (CIC), the venture capital investor enabling visionaries to build global, category-leading companies in the Cambridge ecosystem, has participated in the £50.4 million Series B funding of Gyroscope Therapeutics, a company developing gene therapies and surgical delivery systems for retinal diseases, alongside lead investor Syncona Ltd.
CIC participates in PredictImmune’s £10 million Series B funding round
Cambridge Innovation Capital plc (CIC), the venture capital investor enabling visionaries to build global, category-leading companies in the Cambridge ecosystem, has participated in a £10 million Series B funding round in PredictImmune, a developer of pioneering prognostic tools for guiding treatment options and improving patient outcomes in immune-mediated diseases.
CIC leads £3.25 million seed financing in quantum computing software developer Riverlane
Cambridge Innovation Capital plc (CIC), the venture capital investor enabling visionaries to build global, category-leading companies in the Cambridge ecosystem, has led a £3.25 million seed round in Riverlane, a quantum computing software developer transforming the discovery of new materials and drugs.
CIC participates in Audio Analytic’s $12 million funding round
Cambridge Innovation Capital plc (CIC), the venture capital investor enabling visionaries to build global, category-leading companies in the Cambridge ecosystem, has participated in the $12 million Series B funding round completed by Audio Analytic, the pioneer of sound recognition.
Dr Sohaib Mir promoted to Principal at Cambridge Innovation Capital
Cambridge Innovation Capital plc (CIC), the venture capital investor focused on intellectual property rich technology and life science businesses in the Cambridge ecosystem, is delighted to announce that Dr Sohaib Mir has been promoted to Principal within the Investment Team.
CIC co-founds Start Codon to deliver life science business acceleration programme
Cambridge Innovation Capital plc (CIC), the venture capital investor focused on intellectual property rich technology and life science businesses in the Cambridge ecosystem, announces the launch of Start Codon, a new strategic initiative aimed at driving the translation of world-class research into commercially successful companies, in which it is a founding investor.
Cambridge Innovation Capital announces the departure of its CEO
Cambridge Innovation Capital plc (CIC), the venture capital investor focused on intellectual property rich technology and life science businesses in the Cambridge ecosystem, announces the departure of its Chief Executive Officer, Victor Christou, following the successful completion of the recent fundraising.
Cambridge Innovation Capital raises £150 million of new capital
Cambridge Innovation Capital plc (CIC), the venture capital investor focused on intellectual property rich technology and life science businesses in the Cambridge ecosystem, has completed a funding round of £150 million, bringing the total amount of capital raised to date to £275 million.
CIC invests in Inivata’s £40 million series B funding round
Cambridge Innovation Capital plc (CIC), the venture capital investor focused on IP-rich technology and life science businesses in the Cambridge ecosystem, has participated in Inivata’s Series B fundraising of £40 million ($53 million). The first close of the financing occurred in August 2018, with the final tranche of the over-subscribed round being received in March 2019, based on strong…
CIC invests in Gyroscope Therapeutics
Cambridge Innovation Capital (CIC) has made an investment in Gyroscope Therapeutics (Gyroscope). Gyroscope is developing cutting edge, genetically defined therapies for the treatment of eye diseases linked to an unbalanced complement system, which is a part of the immune system.
CIC leads PragmatIC’s latest funding round
Cambridge Innovation Capital has led the latest funding round for PragmatIC, a world leader in ultra-low cost flexible electronics, raising a further investment of over £13 million. This investment, from existing and new investors, will enable PragmatIC to continue to increase production of its flexible integrated circuits (FlexICs).
CIC participates in Imagen’s £6.5 million Series B funding round
Cambridge Innovation Capital (CIC) has participated in a £6.5 million Series B funding for Imagen, the leading Software as a Service (SaaS) video management platform business.
Cambridge Innovation Capital leads AudioTelligence’s seed funding
Cambridge Innovation Capital has led a £3.1 million seed funding round into AudioTelligence Limited, a company delivering real-time audio processing technology for the enhancement of Automatic Speech Recognition (ASR) systems.
CIC leads $10 million Series B funding in SWIM.Al
Funding will fuel growth in this US-based edge computing business to launch an R&D centre in Cambridge, UK and accelerate development to meet growing demand for SWIM EDX software
CIC leads $14 million Series B financing in Undo
Cambridge Innovation Capital plc (CIC) has led a $14 million Series B funding round in Undo, a pioneer in the development of new software debugging technologies. The funding will be used to grow Undo’s software development team, accelerate its product development and expand its US operations.
Another period of solid growth as CIC continues to gain scale and momentum
Cambridge Innovation Capital plc (CIC), which supports a portfolio of emerging technology and healthcare companies, has announced highlights from its annual results for the year ended 31 March 2018.
Origami Energy raises £18.6m series ‘B’ funding
Cambridge Innovation Capital (CIC) has participated in an £18.6 million funding round in Origami Energy. Aggreko plc, the FTSE-listed global leader in on-site power generation with a presence in over 100 countries, has made a major investment in this funding round. Other current investors also participated.
CIC backs AI company Cytora
Cambridge Innovation Capital is backing AI insurance tech company Cytora as part of a £4.4 million funding round alongside a range of investors including insurance companies QBE and Starr.
CIC leads £10m investment in PROWLER.io, which offers improved AI for driverless cars
The big challenge for developers of autonomous vehicles is ensuring that they operate effectively in the real world. To tackle this and similar challenges, Cambridge start-up PROWLER.io has raised £10 million in a series A funding round led by Cambridge Innovation Capital (CIC).
Cambridge Innovation Capital highlights investments from its annual results
Cambridge Innovation Capital (CIC) announces highlights from its annual results for the year ended 31 March 2017.