Cambridge Enterprise Seed Funds

Cambridge Enterprise Seed Funds, formerly known as University Challenge Fund, is a venture capital firm specializing in seed and early-stage investments. The firm does not fund pure research. It invests in technology sector. It typically invests up to £1 million ($1.33 million). The firm provides pathfinder funding up to £20,000 ($26624); concept funding up to £60,000 ($96,000); and seed funding up to £5,00,000 ($6,65,607). It prefers to invest in companies where Cambridge Enterprise owns some of the intellectual property and which have a strong connection to the University of Cambridge and the Babraham Institute. Cambridge Enterprise Seed Funds was founded in 2000 and is based in Cambridge, United Kingdom.