IP Group

IP Group, founded in 2001 and based in London, is a venture capital investment firm focused on the commercialization of intellectual property from research-intensive institutions. The firm specializes in providing financial, strategic, and commercial expertise to facilitate the development of businesses in sectors such as clean technology, life sciences, and deep technology. By leveraging its extensive industry knowledge and financial acumen, IP Group effectively identifies and manages suitable intellectual property for commercialization, helping to create value for shareholders and partners. The firm has established a strong track record of delivering positive results through its strategic investments and partnerships, thereby enhancing the potential of innovative companies in its portfolio.

Alan Aubrey

CEO

Dani Bach

Partner, Life Sciences

Ben Murphey

Investment Director

Lee Thornton

Partner, Technology

Robert Trezona

Partner and Head of Cleantech

Samuel Williams Ph.D

Managing Partner, Life Sciences

Past deals in Augmented Reality

Slamcore

Series A in 2022
Slamcore Limited specializes in developing simultaneous localization and mapping (SLAM) solutions for applications in augmented and virtual reality, robotics, and autonomous vehicles. Founded in 2016 and based in London, the company focuses on making commercial-grade spatial intelligence accessible. Its advanced SLAM software enables robots and drones to effectively navigate and comprehend their environment, utilizing methods such as Visual SLAM, sensor fusion, and Event Camera SLAM. These technologies allow for real-time processing and integration of data from various sensors, enhancing capabilities in areas like motion estimation and panorama reconstruction. Slamcore collaborates with partners to optimize the interplay between software and hardware, ensuring a balanced approach to performance and cost-effectiveness. By providing robust SLAM algorithms, the company aims to transform spatial AI into practical solutions for various industries, ultimately facilitating the integration of robots into everyday life.

Navenio

Venture Round in 2021
Navenio is a software technology company that provides location-based services for indoor environments via mobile applications. Its solution provides an improvement on other indoor localization technologies, having the ability to locate people without the need for implementing, managing, or surveying any new building hardware such as beacons or wi-fi. Navenio’s intelligent workforce solution unlocks significant improvements in the efficiency and workflow of staff and teams through automation that is carefully driven from real-world best practice. The company was founded in 2015 and is headquartered in Oxford, England.

AudioScenic

Series A in 2020
AudioScenic Limited, established in 2017 and headquartered in Southampton, United Kingdom, specializes in 3D audio technology that enhances the listening experience across various sectors, including cinema, gaming, virtual reality, and automotive industries. The company utilizes advanced head-tracking and small arrays of speakers to deliver controlled sound beams directly to the listener's ears, creating a virtual headphone effect. This technology allows for a personalized and immersive audio experience without the need for traditional headphones or extensive loudspeaker setups. By simulating sounds positioned in 3D space, AudioScenic's solutions eliminate the limitations of conventional audio systems, providing a natural and authentic sound environment. The company's proprietary Virtua 3D Engine facilitates the implementation of its audio technology across different platforms, ensuring compatibility and optimization for various applications. AudioScenic collaborates closely with partners and customers to develop tailored acoustic designs for a range of products, enhancing the overall audio experience in both private and public settings.

Navenio

Series A in 2020
Navenio is a software technology company that provides location-based services for indoor environments via mobile applications. Its solution provides an improvement on other indoor localization technologies, having the ability to locate people without the need for implementing, managing, or surveying any new building hardware such as beacons or wi-fi. Navenio’s intelligent workforce solution unlocks significant improvements in the efficiency and workflow of staff and teams through automation that is carefully driven from real-world best practice. The company was founded in 2015 and is headquartered in Oxford, England.

WaveOptics

Series C in 2019
WaveOptics, Ltd. specializes in the design and manufacture of augmented reality display technology, focusing on optical waveguides for wearable devices. The company offers features such as binocular displays, high field-of-view, and full RGB color in lightweight designs. Founded in 2014 and based in Abingdon-on-Thames, United Kingdom, WaveOptics has established strategic partnerships with companies like Compal, Wistron, and Plessey to enhance its product offerings. The company aims to be a pivotal supplier of optical components for the growing augmented reality market.

AudioScenic

Seed Round in 2019
AudioScenic Limited, established in 2017 and headquartered in Southampton, United Kingdom, specializes in 3D audio technology that enhances the listening experience across various sectors, including cinema, gaming, virtual reality, and automotive industries. The company utilizes advanced head-tracking and small arrays of speakers to deliver controlled sound beams directly to the listener's ears, creating a virtual headphone effect. This technology allows for a personalized and immersive audio experience without the need for traditional headphones or extensive loudspeaker setups. By simulating sounds positioned in 3D space, AudioScenic's solutions eliminate the limitations of conventional audio systems, providing a natural and authentic sound environment. The company's proprietary Virtua 3D Engine facilitates the implementation of its audio technology across different platforms, ensuring compatibility and optimization for various applications. AudioScenic collaborates closely with partners and customers to develop tailored acoustic designs for a range of products, enhancing the overall audio experience in both private and public settings.

WaveOptics

Series C in 2018
WaveOptics, Ltd. specializes in the design and manufacture of augmented reality display technology, focusing on optical waveguides for wearable devices. The company offers features such as binocular displays, high field-of-view, and full RGB color in lightweight designs. Founded in 2014 and based in Abingdon-on-Thames, United Kingdom, WaveOptics has established strategic partnerships with companies like Compal, Wistron, and Plessey to enhance its product offerings. The company aims to be a pivotal supplier of optical components for the growing augmented reality market.

Ultraleap

Series C in 2018
Ultraleap is a leader in mid-air haptic technology and 3D hand tracking, specializing in creating tactile feedback through ultrasound. This innovative technology allows users to experience touch sensations in mid-air, enabling interactions with virtual objects, touchless buttons, and mid-air gestures without the need for physical contact. The company offers a range of products, including the Evaluation Kit, which features ultrasonic transducers and a software development kit for programming haptic sensations, and the TOUCH Development Kit, designed for creating tactile feedback in free space. Ultraleap’s technology finds applications in various sectors, including virtual reality, gaming, automotive, medical, and advertising. Established in 2013, the company operates from its headquarters in Bristol, United Kingdom, and maintains an additional office in Mountain View, California.

Navenio

Seed Round in 2017
Navenio is a software technology company that provides location-based services for indoor environments via mobile applications. Its solution provides an improvement on other indoor localization technologies, having the ability to locate people without the need for implementing, managing, or surveying any new building hardware such as beacons or wi-fi. Navenio’s intelligent workforce solution unlocks significant improvements in the efficiency and workflow of staff and teams through automation that is carefully driven from real-world best practice. The company was founded in 2015 and is headquartered in Oxford, England.

Ultraleap

Series B in 2017
Ultraleap is a leader in mid-air haptic technology and 3D hand tracking, specializing in creating tactile feedback through ultrasound. This innovative technology allows users to experience touch sensations in mid-air, enabling interactions with virtual objects, touchless buttons, and mid-air gestures without the need for physical contact. The company offers a range of products, including the Evaluation Kit, which features ultrasonic transducers and a software development kit for programming haptic sensations, and the TOUCH Development Kit, designed for creating tactile feedback in free space. Ultraleap’s technology finds applications in various sectors, including virtual reality, gaming, automotive, medical, and advertising. Established in 2013, the company operates from its headquarters in Bristol, United Kingdom, and maintains an additional office in Mountain View, California.

Mirriad

Series D in 2016
Mirriad’s award-winning solution unleashes new revenue for content producers and distributors by creating new advertising inventory in content. Our patented, AI and computer vision technology dynamically inserts products and innovative signage formats after content is produced. Mirriad’s market-first solution seamlessly integrates with existing subscription and advertising models, and dramatically improves the viewer experience by limiting commercial interruptions. Mirriad currently operates in the US, Europe and China.

Navenio

Seed Round in 2016
Navenio is a software technology company that provides location-based services for indoor environments via mobile applications. Its solution provides an improvement on other indoor localization technologies, having the ability to locate people without the need for implementing, managing, or surveying any new building hardware such as beacons or wi-fi. Navenio’s intelligent workforce solution unlocks significant improvements in the efficiency and workflow of staff and teams through automation that is carefully driven from real-world best practice. The company was founded in 2015 and is headquartered in Oxford, England.

Ultraleap

Series A in 2015
Ultraleap is a leader in mid-air haptic technology and 3D hand tracking, specializing in creating tactile feedback through ultrasound. This innovative technology allows users to experience touch sensations in mid-air, enabling interactions with virtual objects, touchless buttons, and mid-air gestures without the need for physical contact. The company offers a range of products, including the Evaluation Kit, which features ultrasonic transducers and a software development kit for programming haptic sensations, and the TOUCH Development Kit, designed for creating tactile feedback in free space. Ultraleap’s technology finds applications in various sectors, including virtual reality, gaming, automotive, medical, and advertising. Established in 2013, the company operates from its headquarters in Bristol, United Kingdom, and maintains an additional office in Mountain View, California.

Ultraleap

Seed Round in 2014
Ultraleap is a leader in mid-air haptic technology and 3D hand tracking, specializing in creating tactile feedback through ultrasound. This innovative technology allows users to experience touch sensations in mid-air, enabling interactions with virtual objects, touchless buttons, and mid-air gestures without the need for physical contact. The company offers a range of products, including the Evaluation Kit, which features ultrasonic transducers and a software development kit for programming haptic sensations, and the TOUCH Development Kit, designed for creating tactile feedback in free space. Ultraleap’s technology finds applications in various sectors, including virtual reality, gaming, automotive, medical, and advertising. Established in 2013, the company operates from its headquarters in Bristol, United Kingdom, and maintains an additional office in Mountain View, California.

ArtSpotter

Seed Round in 2012
ArtSpotter Ltd. is a London-based company founded in 2011 that has developed an interactive art map mobile application designed to help users discover and engage with art exhibitions, venues, and street art worldwide. The application functions as a platform for users to explore local art happenings and share their experiences, allowing them to add comments and contribute new art venues. This engagement not only enhances user interaction but also provides galleries with valuable insights into their events, including visitor metrics and social sharing data. The application launched its beta version for iPhone in December 2011 and for Android in January 2012, quickly gaining traction with over 5,000 downloads by August 2012. ArtSpotter aims to broaden access to art and foster a more connected community of art enthusiasts.

ArtSpotter

Seed Round in 2011
ArtSpotter Ltd. is a London-based company founded in 2011 that has developed an interactive art map mobile application designed to help users discover and engage with art exhibitions, venues, and street art worldwide. The application functions as a platform for users to explore local art happenings and share their experiences, allowing them to add comments and contribute new art venues. This engagement not only enhances user interaction but also provides galleries with valuable insights into their events, including visitor metrics and social sharing data. The application launched its beta version for iPhone in December 2011 and for Android in January 2012, quickly gaining traction with over 5,000 downloads by August 2012. ArtSpotter aims to broaden access to art and foster a more connected community of art enthusiasts.
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