Q Capital raises $400m to invest in transformative deep tech companies
Cambridge and London-based venture capital firm, IQ Capital, targets most innovative European deeptech start-ups.
Thought Machine raises $200m in Series C funding to bring world’s banks to the cloud
Thought Machine, the cloud native core banking technology firm, has announced the close of its series C funding round, bringing $200m into the business from new and existing investors. This new round sees Thought Machine achieve unicorn status.
Climate change risk analysis platform Risilience raises £6M Series A funding to scale net zero transformation for businesses
Risilience™, the leading climate change business platform, has announced a Series A investment of £6m from international investors led by IQ Capital. The investment will be used to develop Risilience’s leading analytics and SaaS platform for corporate businesses to assess their climate change risks and manage their transformation to reach net zero emissions.
Worldr raises $3m to protect remote conversations and launches end-to-end encryption layer for Microsoft Teams
Worldr $3million seed round is led by IQ Capital and Playfair Capital, and includes some of the biggest names in deep tech, defence and finance.
NanoSyrinx raises £6.2m to develop synthetic biology platform for targeted intracellular engineering
NanoSyrinx, a biotech company developing a new cell engineering tool for novel targeted therapeutic modalities, has raised a further £6.2m of seed financing, co-led by incoming Octopus Ventures and existing investor M Ventures (Amsterdam, The Netherlands), the corporate venture capital arm of Merck.
Virti secures £7.2m Series A investment to optimise human performance for the global workforce
Digital training platform Virti has raised £7.2m in a Series A to further its goal of improving human performance using world-class interactive technology. The round was led by deeptech investors IQ Capital and joined by Cedars-Sinai Medical Center and a new, UK-based learning technology VC fund.
Porotech raises £3m for new generation of microdisplays
University of Cambridge spin-out Porotech has raised £3m to fund the next stage of development of its unique micro-LED production technique. Its display technology breakthrough heralds a new era of brighter, sharper, more vivid microdisplays for even the smallest devices.
Foundries.io raises $8M Series A funding to (actually) secure the Internet of Things
Foundries.io, leader in cloud development and deployment solutions for secure IoT and Edge devices, announced it has raised $8M in Series A funding, led by IQ Capital, with participation from Crane Venture Partners and Backed VC.
BVCA welcomes IQ Capital’s Kerry Baldwin as new Chair
The British Private Equity and Venture Capital Association (BVCA) is pleased to announce Kerry Baldwin has been appointed as Chair of its Council for the next year to 31st March 2022.
$10m Series A fundraise for state-of-the-art battery company Nyobolt
Nyobolt, a cutting-edge battery company, defining a new category of ultra-high power technology, has secured $10 million in Series A funding, led by IQ Capital with participation from Cambridge Enterprise and Silicon Valley investors.
CybSafe secures £5.6 million Series A investment round
CybSafe, the behavioural security platform that’s transforming the way organisations manage human cyber risk, has announced a £5.6m ($7.9m) Series A round. It was led by deep tech investors IQ Capital with participation from Hannover Digital Investments GmbH (HDI Group) and B8 Ventures.
Pangaea Data raises further funding to accelerate deployment of its breakthrough AI with pharmaceutical companies and hospitals
Pangaea Data has announced it has raised its second funding round in 12 months, following a year of rapid growth and successful deployment of its product for scientists and clinicians at global pharmaceutical companies and healthcare organisations in the UK and US.
Opteran secures £2.1m in seed funding to solve autonomy using natural intelligence inspired by insects
Opteran, the Natural Intelligence company, has raised £2.1 million in seed funding.
AccelerComm secures £5.8m Series A funding to supercharge 5G communications
AccelerComm – the Southampton University spinout supercharging 5G, satellite and other wireless communications with IP which increases spectrum efficiency and reduces latency – has raised £5.8m in Series A funding in a round led by IQ Capital alongside existing investors Bloc Ventures and the IP Group.
TOffeeAM raises £1 million in seed funding to expand innovative team
TOffeeAM, an Imperial College spin-out that optimises product designs for Additive Manufacturing (AM) – also known as 3D printing, has raised £1 million in seed funding.
IQ Capital welcomes Simon Hirtzel as General Partner and COO
IQ Capital, the deep-tech venture capital firm based in Cambridge and London, has appointed Simon Hirtzel as General Partner.
Privitar closes $80 million Series C Funding round
Privitar, the leading data privacy platform provider, today announced that it has completed an $80 million Series C funding round led by Warburg Pincus, a global private equity firm focused on growth investing, with participation from Accel, Partech, IQ Capital, Salesforce Ventures and ABN AMRO Ventures.
Thought Machine raises $83m in series B funding
Thought Machine, the cloud native core banking technology firm, has raised $83 million to drive the next phase of its growth. The funding will strengthen Thought Machine’s mission to transform banking by deploying modern cloud-native systems and continue investment in its core engineering capability. The funding will also be used to drive Thought Machine’s global expansion into Asia Pacific.
Concirrus closes $20m in Series B led by Albion VC
Leading marine and automotive insurtech Concirrus has announced that it has closed a $20 million Series B funding round led by AlbionVC. The funding also includes participation from current investors IQ Capital, EOS Venture Partners and several angel investors.
UCL spin-out TurinTech.ai raises £1 million funding
Turing Intelligence Technology (TurinTech.ai) has raised over £1 million in seed funding, led by IQ Capital. The company applies cutting-edge artificial intelligence (AI) to optimise and evolve generic software. The funding raised will be used to hire additional data scientists and deepen its ‘Optimisation Automation’ suite.
Personal data technology platform Dataswift raises £1.6m Seed funding
Dataswift - a Cambridge-based company that enables individuals to own and use their own data - has announced it has raised £1.6 million in seed funding. The round was led by IQ Capital, with participation from Pacific & Orient Properties Ltd and Alphanumeric Corporation.
UK AI RegTech, FNA, announces $5.5m Series A funding to drive global risk reduction
FNA today announces closure of a $5.5m Series A investment round led by IQ Capital, with participation from GETTYLAB.
IQ Capital raises over $300m to invest in deep-tech
Deep-tech venture capital firm IQ Capital has launched a new $125 million Growth Opportunities Fund and closed its third venture fund, IQ Capital Fund III, at $175 million, bringing the total new capital to be invested to over $300 million.
Closed Loop Medicine raises £2.1 million pre-Series A
Closed Loop Medicine (CLM) - the Cambridge-based health tech startup that helps doctors and healthcare providers to deliver personalised treatment regimens - has raised £2.1 million in venture capital funding.
Cambridge VC wins Seed Fund of the Year
Cambridge-based venture capital firm IQ Capital won Seed Fund of the Year at last week’s Investor Allstars 2018.