IQ Capital Partners

IQ Capital Partners LLP is a venture capital firm based in Cambridge, United Kingdom, specializing in early-stage investments in technology-driven companies. Founded in 2006, the firm focuses on sectors such as artificial intelligence, data science, cybersecurity, Internet of Things, life sciences, and software. It typically invests between £0.3 million and £5 million initially, with the potential for follow-on investments up to £15 million. IQ Capital targets companies that are post-concept and show potential for global market dominance, particularly in deep tech. The firm prefers to co-invest alongside angel investors and aims to take an active role by appointing board members in its portfolio companies. It actively seeks out businesses located in the United Kingdom, especially in less developed regions of the East of England. Over the years, IQ Capital has successfully achieved numerous exits to major tech firms, underscoring its commitment to fostering innovation in the technology sector.

Kerry Baldwin

Co-Founder and Managing Partner

Max Bautin

Co-Founder and Managing Partner

Jordan Billiald

Associate

Daniel Carew Ph.D

Principal

Kushaal Desai

Associate

George Glatz

Principal

Georg Glatz

Principal

Simon Hirtzel

General Partner and COO

Archie Judd

Associate

Christopher Magazzeni

Associate

Archie Muirhead

Partner

Mason Sinclair

Principal

Jo Slota-Newson

Principal

John Snyder

Venture Partner

Edward Stacey

Co-Founder and Managing Partner

Alex Wilson Ph.D

Partner

127 past transactions

AccelerComm

Series B in 2023
AccelerComm Ltd is a semiconductor IP-core company based in Southampton, United Kingdom, specializing in Forward Error Correction (FEC) solutions for wireless communications. Established in 2016, the company develops innovative error correction decoders designed for various markets, including mobile handsets, base stations, and satellite communications. Its product offerings include Polar, Turbo Decoder, and LDPC encoding/decoding chains, which are compliant with 3GPP standards. AccelerComm's technology addresses performance bottlenecks in next-generation wireless communication by enhancing the error correction processes necessary to mitigate the impacts of noise, interference, and poor signal strength. By providing cost-effective and high-performance solutions, AccelerComm enables clients to optimize their digital communication systems.

Quadsat

Series A in 2023
QuadSAT, based in Horsens, Denmark, specializes in VSAT solutions and research and development within the satellite service industry. The company offers a comprehensive range of services, including preventative maintenance, upgrades, and new installations for Ku, C-band, and TVRO systems in both maritime and terrestrial applications. In addition to technical services, QuadSAT provides consultation, auditing, surveying, and project management to ensure efficient and reliable communication networks for its clients. The company emphasizes innovation by incorporating advanced technologies into its offerings, particularly through its development of a portable airborne antenna testing system that leverages drone technology. This system enables high-precision measurements and facilitates diverse testing scenarios for antenna manufacturers and satellite operators, providing a cost-effective and flexible alternative for operational needs.

Optellum

Series A in 2022
Optellum Ltd is a company based in Oxford, United Kingdom, specializing in the development of AI-driven clinical decision support software for lung cancer diagnosis and treatment. Founded in 2015, Optellum aims to enhance cancer care by providing an end-to-end IT platform that facilitates personalized early diagnosis and therapeutic strategies for patients at high risk of developing lung cancer, which is the most common and deadliest form of cancer. The company's innovative software identifies at-risk individuals and streamlines optimal treatment options, leveraging machine learning to analyze vast datasets from numerous healthcare professionals. Optellum's team consists of experts in medical imaging, artificial intelligence, and clinical practice, many of whom have a history of successful innovations in the medical technology sector. They are supported by an advisory board of leading clinicians and deep learning specialists, and are actively expanding their product development team to further their mission in the fight against cancer.

IONATE

Seed Round in 2022
IONATE Ltd. is a technology company focused on developing advanced Hybrid Intelligent Transformers, which are designed to replace traditional transformers. These innovative power-flow control devices utilize magnetic technology to manage three essential power characteristics: voltage control, harmonic and transient removal, and power factor correction. By enhancing these functionalities, IONATE enables clients to improve energy efficiency and reduce energy losses, contributing to more effective power management solutions.

ToffeeX

Series A in 2022
ToffeeX is a London-based company that specializes in developing automatic design software for additive manufacturing. Founded in 2019, the company focuses on optimizing product designs for 3D printing, particularly in the aeronautics and automotive sectors. Its software is capable of generating complex and efficient geometries, enabling the creation of critical structures such as coolant systems for gas turbines that outperform traditional heat exchangers. By utilizing a multi-physics generative AI platform, ToffeeX streamlines the design process, allowing for robust engineering parts that enhance performance through automated procedures. The company's innovative approach aims to improve the efficiency and effectiveness of industrial applications.

Nyobolt

Series B in 2022
CB2Tech is a developer of high-power battery technology used to serve automotive applications. It researches and develops battery technology that could have a higher power, recharge at a faster speed and store large amounts of energy that helps the automotive industry with solutions for high-power applications.

Speechmatics

Series B in 2022
Speechmatics Limited, founded in 2009 and based in Cambridge, United Kingdom, specializes in developing advanced speech recognition software. The company provides automatic speech recognition technologies that convert voice data into text for various applications, including media broadcasting, contact centers, compliance, e-discovery, and transcription. Utilizing neural networks and the latest advancements in machine learning, Speechmatics has created a robust cloud-based and real-time speech recognition platform that supports multiple languages. This technology can be deployed in various contexts, allowing businesses to gather actionable intelligence and enhance processes while addressing data privacy concerns. By enabling the generation of time-stamped transcripts and insights about customers and employees, Speechmatics aims to improve operational efficiency and contribute positively to the bottom line.

Opteran

Venture Round in 2022
Opteran Technologies Limited designs and develops Opteran, an AI system modeled on honeybee brains. Its platform enables computer vision, sensing, object detection and avoidance, SLAM navigation, and machine decision making. The company was incorporated in 2020 and is based in Sheffield, United Kingdom.

CybSafe

Series B in 2022
CybSafe Limited, founded in 2015 and headquartered in London, United Kingdom, develops a Unified Cyber Awareness Platform aimed at enhancing cyber security for organizations. The platform educates employees through a series of engaging, structured modules that promote behavioral change and improve online security practices. Key features include thought-provoking content, real-time analytics, and a user-friendly implementation process. The software adapts to individual knowledge levels and behavior patterns, leveraging proprietary analytics to stay ahead of evolving cyber threats. By fostering a culture of awareness, CybSafe empowers organizations to mitigate risks associated with cyber security effectively.

DeNoize

Venture Round in 2022
DeNoize specializes in innovative smart window technology that converts conventional glass facades into effective noise-canceling systems. The company's product includes an active noise cancellation kit, which comprises electronic sensors, actuators, and controllers that are integrated within window frames. This system actively cancels transmitted noise in real time, allowing customers to create quieter environments and significantly reduce noise pollution. DeNoize aims to enhance comfort and tranquility in urban settings where noise can be a significant issue.

AiM Medical Robotics

Seed Round in 2022
AiM Medical Robotics is focused on developing a robotic system specifically designed for neurosurgical procedures. This innovative system is MRI compatible, allowing patients to receive treatment while remaining in the MRI scanner. This capability enables physicians to obtain real-time imaging feedback, enhancing surgical precision and improving patient outcomes. The company's technology aims to assist in the treatment of various neurological conditions, including Parkinson's disease, epilepsy, tremors, and brain cancer. By integrating surgical planning with functional robotics, AiM Medical Robotics provides healthcare providers with the tools necessary for precise trajectory guidance in neurosurgery, ultimately enhancing the effectiveness of surgical interventions for functional brain disorders.

OxDX

Pre Seed Round in 2022
OxDX is a spinout that combines the power of single-molecule fluorescent microscopy with machine learning to identify pathogens in under a minute. They use a universal labelling system to light up everything in our sample, image the sample using super-resolution fluorescence microscopy, and analyse the images in our neural network.

Paragraf

Series B in 2022
Paragraf Ltd. is a graphene technology development company based in Somersham, United Kingdom, established in 2015. The company specializes in the production of two-dimensional materials, particularly graphene, and focuses on developing graphene-based electronic devices, green energy generation devices such as solar photovoltaic cells, and various sensors. By leveraging innovative methods, Paragraf aims to unlock the full potential of graphene and advance its applications across multiple technology sectors. The company's commitment to driving the adoption of this versatile material positions it as a key player in the field of advanced materials and their transformative capabilities.

causaLens

Series A in 2022
causaLens Ltd. is a technology company that specializes in predictive applications leveraging advanced machine learning and artificial intelligence. Founded in 2017 and headquartered in London, the company focuses on developing the Causal AI framework, which addresses the limitations of traditional machine learning by providing more reliable and accurate predictions through time-series analysis. The flagship product, the causaLens Predictive Unit (CLPU), features capabilities for autonomous data cleaning, model discovery, and end-to-end streaming productization. It is designed to serve various industries, including energy, asset management, healthcare, and logistics, by enhancing human decision-making with explainable and robust analytics. The team primarily consists of scientists and engineers, many of whom hold advanced degrees in quantitative fields, reflecting the company’s commitment to innovation in AI.

Pieter Pot

Series A in 2021
Pieter Pot BV sells groceries and food products through an online portal. The company sells cake, candies, chips, herbs, oil, vinegar, sauces, coffee, tea, syrups, nuts, seeds, dried fruits, breakfast cereals, spreads, baking products, pasta, rice, noodles, personal care, and household products. It also provides glass jar packaging and delivery services. The company was founded in 2018 and is headquartered in Rotterdam, the Netherlands.

Thought Machine

Series C in 2021
Thought Machine Group Limited is a fintech company based in London, United Kingdom, that develops Vault, a cloud-native core banking platform designed to modernize the banking industry. Established in 2017, Thought Machine addresses the challenges posed by outdated IT infrastructures commonly found in banks, which hinder innovation and customer service. Vault is built on a microservice API architecture, allowing for flexible configuration to meet the specific requirements of various banking institutions. The platform automates data analytics and regulatory reporting while offering a range of services, including smart contracts, customer data management, and mobile application integration. By enabling banks to update their operating models and enhance their user experience, Thought Machine aims to facilitate a significant transformation in the way banking technology is utilized.

Closed Loop Medicine

Series A in 2021
Closed Loop Medicine Ltd is a healthcare technology company based in Cambridge, United Kingdom, founded in 2017. The company focuses on developing innovative therapeutic solutions that combine established medications with proprietary digital therapeutics. By digitizing and capturing data throughout the entire care continuum, Closed Loop Medicine seeks to create dynamic, personalized treatment regimens tailored to individual patient needs. Their pipeline includes integrated approaches that address significant health challenges such as sleep disorders, hypertension, chronic pain, and diabetes. Through real-time feedback and advanced care pathways, Closed Loop Medicine aims to enhance patient outcomes and improve the overall efficiency of healthcare delivery.

Risilience

Series A in 2021
Risilience provides an analytics and SaaS platform for corporate businesses to assess their climate change risks and manage their transformation to reach net zero emissions.

Imandra

Seed Round in 2021
Imandra, developed by Aesthetic Integration Ltd., is a cloud-scale automated reasoning system designed to enhance the rigor and governance of critical algorithms, particularly within the financial industry. Founded in 2014 and based in London, the company focuses on formal verification technology that enables the analysis and sharing of trading system specifications. Imandra provides tools that not only analyze algorithms but also assist in identifying and resolving software bugs, ensuring that the algorithms are safe, explainable, and fair. As reliance on complex software increases, Imandra's Reasoning as a Service platform aims to address the need for deep advancements in artificial intelligence to maintain the integrity of essential systems.

Valarian Technologies

Seed Round in 2021
Worldr is a private, secure and compliant team communication app. While the user experience was designed to be extremely simple and effective, the back-end was architected to be deployable as if it were an in-house application. Worldr is a solution for larger companies, and especially regulated ones, who may not able to use third-party collaboration applications because of 1) the threat to their data security and 2) lack of Compliance transparency. With 150 companies already signed up for our Beta, ranging from small startups to teams within major banks, Worldr is fully publicly launching in 2021. Please find the landing page at worldr.com

NanoSyrinx

Seed Round in 2021
NanoSyrinx is an emerging biotechnology company developing a novel system for targeted delivery of therapeutic proteins and peptides direct to the cytosol. We are using synthetic biology approaches to develop a completely novel method for targeted drug delivery of therapeutic proteins and peptides, to the interiors of cells, to improve efficacy, safety, and economy.

FNA

Venture Round in 2021
Financial Network Analytics Ltd, founded in 2013 and headquartered in London, specializes in network analytics, artificial intelligence, and machine learning solutions for the financial sector. The company provides a platform that enables financial institutions to map and monitor intricate financial systems while simulating operational and financial risks. FNA serves a diverse clientele, including major central banks, regulatory bodies, financial market infrastructures, and prominent financial institutions. Committed to enhancing the safety and efficiency of the financial system, FNA plays a significant role in the expanding fields of artificial intelligence and machine learning, with its technology supporting various applications across multiple business domains.

Virti

Series A in 2021
Virti Inc. is a company based in San Mateo, California, with an additional office in the United Kingdom, that specializes in developing an augmented reality (AR) and artificial intelligence (AI) platform tailored for healthcare training. Founded in 2017, Virti's platform enables the creation and distribution of interactive educational content in virtual reality (VR), AR, and mixed reality (MR). It focuses on enhancing the training of clinicians and healthcare professionals by simulating high-pressure environments such as surgery, emergency response, and military training. The platform incorporates AI-driven assessments and analytics to evaluate clinicians’ decision-making skills and predict their performance before they engage in real-life scenarios. By leveraging research on cognitive decision-making under stress, Virti aims to improve the quality, affordability, and accessibility of medical training, providing a standardized approach to evaluating and preparing healthcare professionals for various challenges in clinical practice.

Porotech

Venture Round in 2021
Porotech is a spin-out from the University of Cambridge. It mainly focuses on the development of wide-bandgap compound GaN semiconductors by applying material technologies and solutions to unleash the full potential of GaN to revolutionize the electronics industry. The company was co-founded by Dr. Tongtong Zhu, Dr. Yingjun Liu, and Prof. Rachel Oliver.

CyberSmart

Series A in 2021
CyberSmart Ltd. is a London-based company that specializes in developing an automated compliance software platform aimed at helping small to medium-sized businesses enhance their cybersecurity measures. Founded in 2016, CyberSmart offers a range of products, including Cyber Essentials, Cyber Essentials Plus, and GDPR Ready, which assist organizations in identifying, fixing, certifying, and protecting against security incidents. The platform employs compliance technologies and machine learning to provide insights into an organization's security status and address vulnerabilities. Its cloud-based dashboard facilitates the compliance process, while desktop applications monitor compliance across all network endpoints. Additionally, CyberSmart offers ongoing protection through security checks and cyber insurance coverage, thereby supporting businesses in navigating the complexities of cybersecurity and regulatory requirements in an increasingly digital environment.

Foundries.io

Series A in 2021
Foundries.io Limited is a software development company based in Cambridge, United Kingdom, founded in 2017. The company specializes in creating secure, over-the-air updatable software platforms tailored for embedded product development, particularly in the Internet of Things (IoT) and Edge computing sectors. Its offerings include a Linux microplatform for container-based development and a Zephyr microplatform designed for real-time operating system applications. Foundries.io's solutions encompass secure firmware, a Linux operating system, device and fleet management services, and interfaces for both private and public cloud environments. These platforms not only facilitate the development and maintenance of connected devices but also provide lifetime software support, accelerating time to market while helping clients manage deployment costs and enhance product security.

Porotech

Seed Round in 2021
Porotech is a spin-out from the University of Cambridge. It mainly focuses on the development of wide-bandgap compound GaN semiconductors by applying material technologies and solutions to unleash the full potential of GaN to revolutionize the electronics industry. The company was co-founded by Dr. Tongtong Zhu, Dr. Yingjun Liu, and Prof. Rachel Oliver.

Divido

Series B in 2021
Divido is a global white label consumer lending platform for financial institutions and multinational retailers. Rapidly build new revenue streams, improve the customer experience and increase conversion by offering finance at the point-of-purchase with Divido. The platform is omnichannel, available online, in-store and via mobile, and works across multiple countries through one integration. Over 1000 partners work with Divido including Nordea Finance, BNP Paribas, BMW, Lenovo and last minute. Divido offers financial services for merchants, lenders, and intermediaries that want to offer instant new credit as a payment option to their end-consumers and corporate clients. Backed by the investors behind Skype, WorldPay, and TransferWise the company launched late 2015 and currently has 300+ partners using its platform including some of the world's well-known brands. By the end of 2017. Divido will operate in 9 countries. Divido was founded in 2014 and is based in London, England, United Kingdom

Nyobolt

Series A in 2021
CB2Tech is a developer of high-power battery technology used to serve automotive applications. It researches and develops battery technology that could have a higher power, recharge at a faster speed and store large amounts of energy that helps the automotive industry with solutions for high-power applications.

MQube

Seed Round in 2021
MQube is a fintech company operating in the mortgage industry. Driven by data, artificial intelligence and deep machine learning, MQube have developed a platform that delivers mortgages with certainty and control. MQube can produce a legally binding mortgage offer in hours (subject to valuation), weeks quicker than market norms, reducing inefficiencies and offering customers better outcomes.

Cambridge GaN Devices

Series A in 2021
Cambridge GaN Devices is a developer of semiconductors focused on designing, creating, and commercializing gallium nitride-based power devices. The company's transistors offer higher speed, significantly lower power loss, and reduced size compared to traditional silicon alternatives. These advancements result in lower energy consumption and enhanced power storage and conversion capabilities. As a result, Cambridge GaN Devices provides industries with compact semiconductors tailored for critical applications across various market segments.

CybSafe

Series A in 2021
CybSafe Limited, founded in 2015 and headquartered in London, United Kingdom, develops a Unified Cyber Awareness Platform aimed at enhancing cyber security for organizations. The platform educates employees through a series of engaging, structured modules that promote behavioral change and improve online security practices. Key features include thought-provoking content, real-time analytics, and a user-friendly implementation process. The software adapts to individual knowledge levels and behavior patterns, leveraging proprietary analytics to stay ahead of evolving cyber threats. By fostering a culture of awareness, CybSafe empowers organizations to mitigate risks associated with cyber security effectively.

Opteran

Seed Round in 2020
Opteran Technologies Limited designs and develops Opteran, an AI system modeled on honeybee brains. Its platform enables computer vision, sensing, object detection and avoidance, SLAM navigation, and machine decision making. The company was incorporated in 2020 and is based in Sheffield, United Kingdom.

KisanHub

Venture Round in 2020
KisanHub is a Crop Intelligence Platform designed to enhance decision-making for farmers by providing sophisticated yet user-friendly agronomic insights. The platform facilitates connections between enterprises and their growers through crop-specific applications that deliver in-season advice on pest and disease management, fertilizer application, irrigation management, and yield predictions. By aggregating diverse datasets, KisanHub helps reduce input costs and improve profit margins for farmers. Its technology integrates public and private data, enabling seamless communication across the supply chain and empowering market participants to offer operational and business advisory services. Ultimately, KisanHub aims to improve agricultural outcomes globally, allowing farmers to optimize their practices and yield while minimizing resource use.

Opteran

Seed Round in 2020
Opteran Technologies Limited designs and develops Opteran, an AI system modeled on honeybee brains. Its platform enables computer vision, sensing, object detection and avoidance, SLAM navigation, and machine decision making. The company was incorporated in 2020 and is based in Sheffield, United Kingdom.

Senseye

Venture Round in 2020
Senseye Ltd. is a company based in Southampton, United Kingdom, specializing in cloud-based solutions for predictive maintenance in the manufacturing sector. Founded in 2014, Senseye offers a product called PROGNOSYS, which provides automatic condition monitoring, diagnostics, and prognostics without the need for infrastructure or expert manual analysis. Utilizing advanced machine-learning algorithms, PROGNOSYS can be applied to any machine, regardless of the manufacturer, by leveraging data from existing Industrial IoT sensors and platforms. This platform enables manufacturers to forecast machine failures, track machinery depreciation, and receive alerts about equipment conditions, thereby reducing the risk of unexpected mechanical failures. Through its innovative approach, Senseye helps manufacturers optimize asset health management and improve operational efficiency.

Nu Quantum

Seed Round in 2020
Nu Quantum Ltd is a Cambridge-based company that specializes in the development of quantum photonics hardware, including photon sources and detectors, as well as quantum cryptography systems. Founded in 2018, the company focuses on creating nano-engineered materials that facilitate light generation at the quantum level and enable ultra-sensitive light detection. It also develops fundamental algorithms and protocols for generating secure cryptographic keys and offers quantum encryption links for secure communications. By integrating novel materials and semiconductor technology, Nu Quantum aims to provide end-to-end quantum cryptography solutions that secure communications over urban and satellite free-space optical links, thereby supporting the future of information processing and quantum networking infrastructure.

AccelerComm

Series A in 2020
AccelerComm Ltd is a semiconductor IP-core company based in Southampton, United Kingdom, specializing in Forward Error Correction (FEC) solutions for wireless communications. Established in 2016, the company develops innovative error correction decoders designed for various markets, including mobile handsets, base stations, and satellite communications. Its product offerings include Polar, Turbo Decoder, and LDPC encoding/decoding chains, which are compliant with 3GPP standards. AccelerComm's technology addresses performance bottlenecks in next-generation wireless communication by enhancing the error correction processes necessary to mitigate the impacts of noise, interference, and poor signal strength. By providing cost-effective and high-performance solutions, AccelerComm enables clients to optimize their digital communication systems.

Thought Machine

Series B in 2020
Thought Machine Group Limited is a fintech company based in London, United Kingdom, that develops Vault, a cloud-native core banking platform designed to modernize the banking industry. Established in 2017, Thought Machine addresses the challenges posed by outdated IT infrastructures commonly found in banks, which hinder innovation and customer service. Vault is built on a microservice API architecture, allowing for flexible configuration to meet the specific requirements of various banking institutions. The platform automates data analytics and regulatory reporting while offering a range of services, including smart contracts, customer data management, and mobile application integration. By enabling banks to update their operating models and enhance their user experience, Thought Machine aims to facilitate a significant transformation in the way banking technology is utilized.

Neurovalens

Venture Round in 2020
Neurovalens Limited is a company based in Ballymena, United Kingdom, that specializes in the development of medical devices grounded in neuroscience, bioscience, and neurophysiology. Founded in 2013, the company focuses on creating non-invasive neurostimulation products to address significant health challenges, particularly obesity. Notable products include Stimu Slim and Modius, which are electronic headsets designed to promote weight loss through transdermal activation of brainstem and hypothalamic functions. These devices aim to enhance autonomic function and circadian regulation, offering healthcare providers drug-free alternatives to improve patient health outcomes. Neurovalens has also received support from Invest NI as part of the European Union’s Investment for Growth and Jobs Programme, which will facilitate research and development to enhance the company's competitiveness.

ToffeeX

Seed Round in 2020
ToffeeX is a London-based company that specializes in developing automatic design software for additive manufacturing. Founded in 2019, the company focuses on optimizing product designs for 3D printing, particularly in the aeronautics and automotive sectors. Its software is capable of generating complex and efficient geometries, enabling the creation of critical structures such as coolant systems for gas turbines that outperform traditional heat exchangers. By utilizing a multi-physics generative AI platform, ToffeeX streamlines the design process, allowing for robust engineering parts that enhance performance through automated procedures. The company's innovative approach aims to improve the efficiency and effectiveness of industrial applications.

CyberSmart

Series A in 2020
CyberSmart Ltd. is a London-based company that specializes in developing an automated compliance software platform aimed at helping small to medium-sized businesses enhance their cybersecurity measures. Founded in 2016, CyberSmart offers a range of products, including Cyber Essentials, Cyber Essentials Plus, and GDPR Ready, which assist organizations in identifying, fixing, certifying, and protecting against security incidents. The platform employs compliance technologies and machine learning to provide insights into an organization's security status and address vulnerabilities. Its cloud-based dashboard facilitates the compliance process, while desktop applications monitor compliance across all network endpoints. Additionally, CyberSmart offers ongoing protection through security checks and cyber insurance coverage, thereby supporting businesses in navigating the complexities of cybersecurity and regulatory requirements in an increasingly digital environment.

Privitar

Series C in 2020
Privitar Ltd. is a London-based enterprise software company specializing in privacy-preserving data mining and sophisticated data anonymization. Founded in 2014, it offers a range of products designed to help organizations manage sensitive data while ensuring privacy and compliance with regulations. Key offerings include Privitar Publisher, which facilitates data auditing and user management, Privitar Lens for creating privacy-preserving APIs, and SecureLink, a data de-identification system. The Privitar Data Privacy Platform enhances data utilization while protecting sensitive customer information. The company's solutions are utilized across various sectors, such as finance, healthcare, telecommunications, and marketing, enabling clients to innovate and leverage data responsibly. Privitar serves a global clientele across North America, Europe, and Asia, focusing on enabling ethical data practices and reducing privacy risks.

Porotech

Seed Round in 2020
Porotech is a spin-out from the University of Cambridge. It mainly focuses on the development of wide-bandgap compound GaN semiconductors by applying material technologies and solutions to unleash the full potential of GaN to revolutionize the electronics industry. The company was co-founded by Dr. Tongtong Zhu, Dr. Yingjun Liu, and Prof. Rachel Oliver.

Privitar

Series C in 2020
Privitar Ltd. is a London-based enterprise software company specializing in privacy-preserving data mining and sophisticated data anonymization. Founded in 2014, it offers a range of products designed to help organizations manage sensitive data while ensuring privacy and compliance with regulations. Key offerings include Privitar Publisher, which facilitates data auditing and user management, Privitar Lens for creating privacy-preserving APIs, and SecureLink, a data de-identification system. The Privitar Data Privacy Platform enhances data utilization while protecting sensitive customer information. The company's solutions are utilized across various sectors, such as finance, healthcare, telecommunications, and marketing, enabling clients to innovate and leverage data responsibly. Privitar serves a global clientele across North America, Europe, and Asia, focusing on enabling ethical data practices and reducing privacy risks.

Synthesized

Seed Round in 2020
Synthesized Ltd. is a technology company based in London, United Kingdom, that develops software aimed at securely sharing and storing sensitive personal information. Founded in 2017, Synthesized utilizes advanced machine learning and information security techniques to create synthetic datasets that mimic the structure of original data without revealing individual data points. This innovative approach allows businesses and data owners to leverage the value of their data while adhering to privacy regulations. By simulating new, practically useful data points, Synthesized addresses the challenges of data silos caused by technological hurdles and privacy constraints. The company has garnered support from notable technology investors in the UK and Europe, as well as partnerships with major organizations like Facebook and Google.

Thought Machine

Series B in 2020
Thought Machine Group Limited is a fintech company based in London, United Kingdom, that develops Vault, a cloud-native core banking platform designed to modernize the banking industry. Established in 2017, Thought Machine addresses the challenges posed by outdated IT infrastructures commonly found in banks, which hinder innovation and customer service. Vault is built on a microservice API architecture, allowing for flexible configuration to meet the specific requirements of various banking institutions. The platform automates data analytics and regulatory reporting while offering a range of services, including smart contracts, customer data management, and mobile application integration. By enabling banks to update their operating models and enhance their user experience, Thought Machine aims to facilitate a significant transformation in the way banking technology is utilized.

Concirrus

Series B in 2020
Concirrus Ltd. operates a cloud-based platform that connects various data sources and devices, enabling the management and organization of information from products and machines linked through the Internet. Founded in 2012, the company specializes in leveraging Internet of Things (IoT) data to transform businesses across multiple sectors, including healthcare, security, mining, insurance, and energy. Concirrus offers a range of custom solutions, including consultancy, planning, implementation, and support services, alongside pre-built applications for asset security, fleet management, smart energy, and patient monitoring. Their focus extends to providing insights and rating factors for the insurance industry, employing advanced analytics and machine learning to enhance risk management and operational efficiency. Additionally, Concirrus operates an incident monitoring center for theft recovery and asset security. The company is headquartered in London and has established strategic partnerships to further its technological offerings.

Iotics

Series A in 2019
Iotic Labs Ltd. develops an Internet of Things platform for things that allows them to share, create, understand, and exchange data. It provides access to Iotic Space, an environment where things can share data, data can be mashed with different sorts of data from others things, and anything can be related to anything else. The company’s platform enables sensors, electrical things, machines, micro-controllers, data systems, and others to interact with other things. Iotic Labs Ltd. was founded in 2014 and is based in Cambridge, United Kingdom.

MQube

Seed Round in 2019
MQube is a fintech company operating in the mortgage industry. Driven by data, artificial intelligence and deep machine learning, MQube have developed a platform that delivers mortgages with certainty and control. MQube can produce a legally binding mortgage offer in hours (subject to valuation), weeks quicker than market norms, reducing inefficiencies and offering customers better outcomes.

TurinTech

Seed Round in 2019
TurinTech AI is an artificial intelligence company based in London, founded in 2018. The company has developed an innovative optimization platform that automates the entire lifecycle of creating and deploying AI solutions. TurinTech AI focuses on enhancing business efficiency by enabling enterprises to leverage their data for AI-driven transformations with minimal human intervention. The platform supports users in developing and executing trading algorithms, offering tools for automation, data feeds, and machine learning capabilities. By integrating these features, TurinTech AI aims to provide organizations with the ability to optimize operations at scale, speed, and cost-effectiveness.

Speechmatics

Series A in 2019
Speechmatics Limited, founded in 2009 and based in Cambridge, United Kingdom, specializes in developing advanced speech recognition software. The company provides automatic speech recognition technologies that convert voice data into text for various applications, including media broadcasting, contact centers, compliance, e-discovery, and transcription. Utilizing neural networks and the latest advancements in machine learning, Speechmatics has created a robust cloud-based and real-time speech recognition platform that supports multiple languages. This technology can be deployed in various contexts, allowing businesses to gather actionable intelligence and enhance processes while addressing data privacy concerns. By enabling the generation of time-stamped transcripts and insights about customers and employees, Speechmatics aims to improve operational efficiency and contribute positively to the bottom line.

Nu Quantum

Pre Seed Round in 2019
Nu Quantum Ltd is a Cambridge-based company that specializes in the development of quantum photonics hardware, including photon sources and detectors, as well as quantum cryptography systems. Founded in 2018, the company focuses on creating nano-engineered materials that facilitate light generation at the quantum level and enable ultra-sensitive light detection. It also develops fundamental algorithms and protocols for generating secure cryptographic keys and offers quantum encryption links for secure communications. By integrating novel materials and semiconductor technology, Nu Quantum aims to provide end-to-end quantum cryptography solutions that secure communications over urban and satellite free-space optical links, thereby supporting the future of information processing and quantum networking infrastructure.

Senseye

Series A in 2019
Senseye Ltd. is a company based in Southampton, United Kingdom, specializing in cloud-based solutions for predictive maintenance in the manufacturing sector. Founded in 2014, Senseye offers a product called PROGNOSYS, which provides automatic condition monitoring, diagnostics, and prognostics without the need for infrastructure or expert manual analysis. Utilizing advanced machine-learning algorithms, PROGNOSYS can be applied to any machine, regardless of the manufacturer, by leveraging data from existing Industrial IoT sensors and platforms. This platform enables manufacturers to forecast machine failures, track machinery depreciation, and receive alerts about equipment conditions, thereby reducing the risk of unexpected mechanical failures. Through its innovative approach, Senseye helps manufacturers optimize asset health management and improve operational efficiency.

Dataswift

Seed Round in 2019
Dataswift Ltd is a technology company based in Cambridge, United Kingdom, specializing in the development of the Hub of All Things (HAT) personal data platform. Founded in 2015, the company focuses on enabling secure and private data exchange for individuals and organizations. Its offerings include the HAT Database Schema, which organizes various types of personal and publicly available data into a coherent structure; the HAT API, providing developers with the tools necessary to create applications on the HAT platform; HAT Inbound Data Plugs for data integration; and the HAT Dashboard, which helps users manage and visualize their data. By partnering with application developers and platform providers, Dataswift aims to empower individuals with ownership and control over their personal data, contributing to the ethical data economy.

FNA

Series A in 2019
Financial Network Analytics Ltd, founded in 2013 and headquartered in London, specializes in network analytics, artificial intelligence, and machine learning solutions for the financial sector. The company provides a platform that enables financial institutions to map and monitor intricate financial systems while simulating operational and financial risks. FNA serves a diverse clientele, including major central banks, regulatory bodies, financial market infrastructures, and prominent financial institutions. Committed to enhancing the safety and efficiency of the financial system, FNA plays a significant role in the expanding fields of artificial intelligence and machine learning, with its technology supporting various applications across multiple business domains.

CyberSmart

Venture Round in 2019
CyberSmart Ltd. is a London-based company that specializes in developing an automated compliance software platform aimed at helping small to medium-sized businesses enhance their cybersecurity measures. Founded in 2016, CyberSmart offers a range of products, including Cyber Essentials, Cyber Essentials Plus, and GDPR Ready, which assist organizations in identifying, fixing, certifying, and protecting against security incidents. The platform employs compliance technologies and machine learning to provide insights into an organization's security status and address vulnerabilities. Its cloud-based dashboard facilitates the compliance process, while desktop applications monitor compliance across all network endpoints. Additionally, CyberSmart offers ongoing protection through security checks and cyber insurance coverage, thereby supporting businesses in navigating the complexities of cybersecurity and regulatory requirements in an increasingly digital environment.

KisanHub

Series A in 2019
KisanHub is a Crop Intelligence Platform designed to enhance decision-making for farmers by providing sophisticated yet user-friendly agronomic insights. The platform facilitates connections between enterprises and their growers through crop-specific applications that deliver in-season advice on pest and disease management, fertilizer application, irrigation management, and yield predictions. By aggregating diverse datasets, KisanHub helps reduce input costs and improve profit margins for farmers. Its technology integrates public and private data, enabling seamless communication across the supply chain and empowering market participants to offer operational and business advisory services. Ultimately, KisanHub aims to improve agricultural outcomes globally, allowing farmers to optimize their practices and yield while minimizing resource use.

Closed Loop Medicine

Grant in 2019
Closed Loop Medicine Ltd is a healthcare technology company based in Cambridge, United Kingdom, founded in 2017. The company focuses on developing innovative therapeutic solutions that combine established medications with proprietary digital therapeutics. By digitizing and capturing data throughout the entire care continuum, Closed Loop Medicine seeks to create dynamic, personalized treatment regimens tailored to individual patient needs. Their pipeline includes integrated approaches that address significant health challenges such as sleep disorders, hypertension, chronic pain, and diabetes. Through real-time feedback and advanced care pathways, Closed Loop Medicine aims to enhance patient outcomes and improve the overall efficiency of healthcare delivery.

Optellum

Seed Round in 2019
Optellum Ltd is a company based in Oxford, United Kingdom, specializing in the development of AI-driven clinical decision support software for lung cancer diagnosis and treatment. Founded in 2015, Optellum aims to enhance cancer care by providing an end-to-end IT platform that facilitates personalized early diagnosis and therapeutic strategies for patients at high risk of developing lung cancer, which is the most common and deadliest form of cancer. The company's innovative software identifies at-risk individuals and streamlines optimal treatment options, leveraging machine learning to analyze vast datasets from numerous healthcare professionals. Optellum's team consists of experts in medical imaging, artificial intelligence, and clinical practice, many of whom have a history of successful innovations in the medical technology sector. They are supported by an advisory board of leading clinicians and deep learning specialists, and are actively expanding their product development team to further their mission in the fight against cancer.

Paragraf

Series A in 2019
Paragraf Ltd. is a graphene technology development company based in Somersham, United Kingdom, established in 2015. The company specializes in the production of two-dimensional materials, particularly graphene, and focuses on developing graphene-based electronic devices, green energy generation devices such as solar photovoltaic cells, and various sensors. By leveraging innovative methods, Paragraf aims to unlock the full potential of graphene and advance its applications across multiple technology sectors. The company's commitment to driving the adoption of this versatile material positions it as a key player in the field of advanced materials and their transformative capabilities.

Audio Analytic

Series B in 2019
Audio Analytic Ltd. specializes in sound recognition software aimed at enhancing the contextual awareness of consumer technology. The company offers a range of products, including its ai3TM analytics software, which classifies and recognizes various sounds, and AuditoryNET, which utilizes a dedicated machine learning pipeline for optimized sound recognition. Their offerings enable devices such as smart speakers, video doorbells, smartphones, and true wireless earbuds to detect and interpret sounds beyond speech and music, contributing to applications in safety, security, wellbeing, health, entertainment, and communication. Established in 2008 and based in Cambridge, UK, with an additional office in San Francisco, Audio Analytic serves original equipment manufacturers and chip providers across multiple industries, including consumer electronics and acoustics.

Funderbeam

Series A in 2019
Funderbeam is an equity crowdfunding platform established in 2013, with its main office in Tallinn, Estonia, and a subsidiary based in Zagreb, Croatia. It offers a unique marketplace for early-stage investments, allowing investors to buy and sell equity stakes in private companies. Utilizing blockchain technology, Funderbeam provides transparency and security in transactions, enabling founders to raise capital while granting early-stage investors access to liquidity. The platform serves as a vital resource for high-growth private companies by facilitating investment opportunities and helping clients manage their private market portfolios. Through its innovative approach, Funderbeam has positioned itself as a significant player in the global startup ecosystem.

Privitar

Series B in 2019
Privitar Ltd. is a London-based enterprise software company specializing in privacy-preserving data mining and sophisticated data anonymization. Founded in 2014, it offers a range of products designed to help organizations manage sensitive data while ensuring privacy and compliance with regulations. Key offerings include Privitar Publisher, which facilitates data auditing and user management, Privitar Lens for creating privacy-preserving APIs, and SecureLink, a data de-identification system. The Privitar Data Privacy Platform enhances data utilization while protecting sensitive customer information. The company's solutions are utilized across various sectors, such as finance, healthcare, telecommunications, and marketing, enabling clients to innovate and leverage data responsibly. Privitar serves a global clientele across North America, Europe, and Asia, focusing on enabling ethical data practices and reducing privacy risks.

Closed Loop Medicine

Seed Round in 2019
Closed Loop Medicine Ltd is a healthcare technology company based in Cambridge, United Kingdom, founded in 2017. The company focuses on developing innovative therapeutic solutions that combine established medications with proprietary digital therapeutics. By digitizing and capturing data throughout the entire care continuum, Closed Loop Medicine seeks to create dynamic, personalized treatment regimens tailored to individual patient needs. Their pipeline includes integrated approaches that address significant health challenges such as sleep disorders, hypertension, chronic pain, and diabetes. Through real-time feedback and advanced care pathways, Closed Loop Medicine aims to enhance patient outcomes and improve the overall efficiency of healthcare delivery.

Imandra

Seed Round in 2019
Imandra, developed by Aesthetic Integration Ltd., is a cloud-scale automated reasoning system designed to enhance the rigor and governance of critical algorithms, particularly within the financial industry. Founded in 2014 and based in London, the company focuses on formal verification technology that enables the analysis and sharing of trading system specifications. Imandra provides tools that not only analyze algorithms but also assist in identifying and resolving software bugs, ensuring that the algorithms are safe, explainable, and fair. As reliance on complex software increases, Imandra's Reasoning as a Service platform aims to address the need for deep advancements in artificial intelligence to maintain the integrity of essential systems.

causaLens

Series A in 2019
causaLens Ltd. is a technology company that specializes in predictive applications leveraging advanced machine learning and artificial intelligence. Founded in 2017 and headquartered in London, the company focuses on developing the Causal AI framework, which addresses the limitations of traditional machine learning by providing more reliable and accurate predictions through time-series analysis. The flagship product, the causaLens Predictive Unit (CLPU), features capabilities for autonomous data cleaning, model discovery, and end-to-end streaming productization. It is designed to serve various industries, including energy, asset management, healthcare, and logistics, by enhancing human decision-making with explainable and robust analytics. The team primarily consists of scientists and engineers, many of whom hold advanced degrees in quantitative fields, reflecting the company’s commitment to innovation in AI.

Neurovalens

Series A in 2019
Neurovalens Limited is a company based in Ballymena, United Kingdom, that specializes in the development of medical devices grounded in neuroscience, bioscience, and neurophysiology. Founded in 2013, the company focuses on creating non-invasive neurostimulation products to address significant health challenges, particularly obesity. Notable products include Stimu Slim and Modius, which are electronic headsets designed to promote weight loss through transdermal activation of brainstem and hypothalamic functions. These devices aim to enhance autonomic function and circadian regulation, offering healthcare providers drug-free alternatives to improve patient health outcomes. Neurovalens has also received support from Invest NI as part of the European Union’s Investment for Growth and Jobs Programme, which will facilitate research and development to enhance the company's competitiveness.

Cambridge Communication Systems

Corporate Round in 2019
Cambridge Communication Systems Limited is a technology company based in Cambridge, United Kingdom, established in 2010. The company specializes in designing and developing self-organizing wireless backhaul solutions tailored for various applications, including small cell deployments, Wi-Fi networks, CCTV, smart cities, and enterprise access. Its flagship products include Metnet, a self-organizing 5G microwave backhaul system, and the Metnet SON Multipoint solution, which operates in the 24/26/28GHz frequency range. Cambridge Communication Systems aims to deliver cost-effective and efficient backhaul solutions to enhance mobile infrastructure.

Fluidic Analytics

Series C in 2018
Fluidic Analytics Limited designs, develops, and manufactures equipment for the characterization of proteins in laboratory, medical, and consumer applications. The company provides Fluidity One, a product that enables in-solution sizing and quantification of native protein. The company also offers Fluidity One-W, a product that enables high sensitivity in-solution analysis of protein size and protein interaction kinetics. Its products are used for applications, including protein quality, interactions, aggregation, and sizing. The company serves scientists, clinics, and healthcare providers. Fluidic Analytics Limited was founded in 2013 and is based in Cambridge, United Kingdom.

Wluper

Seed Round in 2018
Wluper Ltd. is a London-based startup focused on developing an intelligent personal assistant designed for navigation and transportation. Established in 2016, the company specializes in Conversational AI, integrating natural language processing, dialogue management, and knowledge bases to create an advanced user experience. Wluper's product facilitates intuitive journey planning through a conversational interface, whether via voice or instant messaging. By leveraging state-of-the-art deep learning technologies, Wluper aims to enhance location-based services and provide users with immediate, contextually relevant answers to their inquiries.

Concirrus

Venture Round in 2018
Concirrus Ltd. operates a cloud-based platform that connects various data sources and devices, enabling the management and organization of information from products and machines linked through the Internet. Founded in 2012, the company specializes in leveraging Internet of Things (IoT) data to transform businesses across multiple sectors, including healthcare, security, mining, insurance, and energy. Concirrus offers a range of custom solutions, including consultancy, planning, implementation, and support services, alongside pre-built applications for asset security, fleet management, smart energy, and patient monitoring. Their focus extends to providing insights and rating factors for the insurance industry, employing advanced analytics and machine learning to enhance risk management and operational efficiency. Additionally, Concirrus operates an incident monitoring center for theft recovery and asset security. The company is headquartered in London and has established strategic partnerships to further its technological offerings.

Apperio

Series A in 2018
Apperio Limited is an online platform based in London that helps businesses manage their legal spending and relationships with law firms. It provides a comprehensive dashboard that allows users to monitor fees associated with specific legal matters in real time, offering valuable analytics for a detailed overview of legal expenditures. The platform also features a tendering option, enabling companies to solicit bids from selected law firms for various legal services, including corporate, commercial, dispute resolution, and more. Founded in 2011 and formerly known as Legal Tender Limited, Apperio aims to streamline legal spend management for organizations with significant legal needs, enhancing visibility and control over their legal expenditures.

BioBeats

Seed Round in 2018
BioBeats Group Ltd designs and develops an online platform BioBeats, that is a machine learning platform that measures biometrics and manages stress and wellness of individuals, employees, and patients in real-time, and helps them action that insight through engaging media. Its application is available for download on Android and iOS devices. The company was incorporated in 2011 and is based in London, United Kingdom.

Oxford Space Systems

Venture Round in 2018
Oxford Space Systems Limited is a space technology company based in Harwell, United Kingdom, founded in 2013. The firm specializes in developing, manufacturing, and marketing deployable hardware structures for space applications, including deployable antennas, composite linear boom systems, and hinge systems. By employing innovative design techniques, such as origami, and utilizing novel proprietary materials, Oxford Space Systems creates products that are lighter, less complex, and more cost-effective than traditional alternatives. The company has achieved significant milestones, including a record for the fastest development of a new product, the AstroTube Boom, which was successfully deployed in orbit within 30 months. With a team of 18 professionals possessing over 100 years of combined experience in the space sector, Oxford Space Systems has engaged in various collaborations, including government-supported projects with leading European satellite manufacturers and commercial contracts in Asia and the U.S. In 2018, the company relocated to a custom facility within the Harwell Space Cluster, enhancing its capabilities to meet security standards for defense and security contracts.

Paragraf

Seed Round in 2018
Paragraf Ltd. is a graphene technology development company based in Somersham, United Kingdom, established in 2015. The company specializes in the production of two-dimensional materials, particularly graphene, and focuses on developing graphene-based electronic devices, green energy generation devices such as solar photovoltaic cells, and various sensors. By leveraging innovative methods, Paragraf aims to unlock the full potential of graphene and advance its applications across multiple technology sectors. The company's commitment to driving the adoption of this versatile material positions it as a key player in the field of advanced materials and their transformative capabilities.

Spectral Edge

Series A in 2018
Spectral Edge Ltd is a technology company based in Cambridge, United Kingdom, specializing in image enhancement and video personalization technologies. Founded in 2011, the company has developed patented image fusion technology that utilizes deep learning to improve image quality and visibility, particularly for color-blind individuals. Its flagship products include Phusion, which enhances images and videos by leveraging information beyond the normal visible spectrum, Eyeteq, designed to make television content more accessible to those with color vision deficiencies, and Nighteq, which reduces blue light to enhance sleep quality while maintaining visual contrast. These innovations find applications in various sectors, including computational photography, security, and consumer electronics, serving manufacturers and service providers in enhancing the viewing experience. As of December 2019, Spectral Edge operates as a subsidiary of Apple Inc.

KisanHub

Seed Round in 2018
KisanHub is a Crop Intelligence Platform designed to enhance decision-making for farmers by providing sophisticated yet user-friendly agronomic insights. The platform facilitates connections between enterprises and their growers through crop-specific applications that deliver in-season advice on pest and disease management, fertilizer application, irrigation management, and yield predictions. By aggregating diverse datasets, KisanHub helps reduce input costs and improve profit margins for farmers. Its technology integrates public and private data, enabling seamless communication across the supply chain and empowering market participants to offer operational and business advisory services. Ultimately, KisanHub aims to improve agricultural outcomes globally, allowing farmers to optimize their practices and yield while minimizing resource use.

Senseye

Series A in 2017
Senseye Ltd. is a company based in Southampton, United Kingdom, specializing in cloud-based solutions for predictive maintenance in the manufacturing sector. Founded in 2014, Senseye offers a product called PROGNOSYS, which provides automatic condition monitoring, diagnostics, and prognostics without the need for infrastructure or expert manual analysis. Utilizing advanced machine-learning algorithms, PROGNOSYS can be applied to any machine, regardless of the manufacturer, by leveraging data from existing Industrial IoT sensors and platforms. This platform enables manufacturers to forecast machine failures, track machinery depreciation, and receive alerts about equipment conditions, thereby reducing the risk of unexpected mechanical failures. Through its innovative approach, Senseye helps manufacturers optimize asset health management and improve operational efficiency.

Myrtle Software

Venture Round in 2017
Myrtle Software Ltd is a technology company based in Cambridge, United Kingdom, specializing in software development for the visual effects industry. Founded in 2003, the company focuses on image processing and large-scale simulation, leveraging advanced technologies to enhance its offerings. Myrtle Software is also involved in the design of efficient silicon implementations for deep learning networks, reflecting its commitment to innovation in the tech sector.

BMLL

Venture Round in 2017
BMLL Technologies Ltd. is a London-based financial data company that provides a cloud-based technology platform designed to analyze limit order book data across various global financial markets. Established in 2014, the platform employs advanced machine learning and inference frameworks, allowing clients to conduct quantitative research without the need to acquire or manage historical order book data. Users can access the platform through popular programming languages such as MATLAB, R, and Python, facilitating tasks such as signal processing, algorithm back testing, and market simulations. BMLL's clientele comprises investment banks, hedge funds, asset managers, and academic institutions, all of whom utilize the platform to enhance their research and optimize trading strategies.

Privitar

Series A in 2017
Privitar Ltd. is a London-based enterprise software company specializing in privacy-preserving data mining and sophisticated data anonymization. Founded in 2014, it offers a range of products designed to help organizations manage sensitive data while ensuring privacy and compliance with regulations. Key offerings include Privitar Publisher, which facilitates data auditing and user management, Privitar Lens for creating privacy-preserving APIs, and SecureLink, a data de-identification system. The Privitar Data Privacy Platform enhances data utilization while protecting sensitive customer information. The company's solutions are utilized across various sectors, such as finance, healthcare, telecommunications, and marketing, enabling clients to innovate and leverage data responsibly. Privitar serves a global clientele across North America, Europe, and Asia, focusing on enabling ethical data practices and reducing privacy risks.

Bloomsbury AI

Seed Round in 2017
Bloomsbury AI Limited was a London-based company that specialized in developing a Software as a Service (SaaS) platform for creating text-understanding computer applications. Founded in April 2015 by a team that included Guillaume Bouchard and Sebastian Riedel, the company's technology utilized artificial intelligence to read documents and learn from user interactions, allowing it to perform tasks similarly to how human apprentices acquire skills. This platform aimed to automate expertise through written dialogue, enabling users to efficiently execute repetitive tasks and streamline their workflows. Although Bloomsbury AI was once a subsidiary of Facebook, it ultimately went into liquidation.

Myrtle Software

Seed Round in 2017
Myrtle Software Ltd is a technology company based in Cambridge, United Kingdom, specializing in software development for the visual effects industry. Founded in 2003, the company focuses on image processing and large-scale simulation, leveraging advanced technologies to enhance its offerings. Myrtle Software is also involved in the design of efficient silicon implementations for deep learning networks, reflecting its commitment to innovation in the tech sector.

Audio Analytic

Series A in 2017
Audio Analytic Ltd. specializes in sound recognition software aimed at enhancing the contextual awareness of consumer technology. The company offers a range of products, including its ai3TM analytics software, which classifies and recognizes various sounds, and AuditoryNET, which utilizes a dedicated machine learning pipeline for optimized sound recognition. Their offerings enable devices such as smart speakers, video doorbells, smartphones, and true wireless earbuds to detect and interpret sounds beyond speech and music, contributing to applications in safety, security, wellbeing, health, entertainment, and communication. Established in 2008 and based in Cambridge, UK, with an additional office in San Francisco, Audio Analytic serves original equipment manufacturers and chip providers across multiple industries, including consumer electronics and acoustics.

Speechmatics

Venture Round in 2017
Speechmatics Limited, founded in 2009 and based in Cambridge, United Kingdom, specializes in developing advanced speech recognition software. The company provides automatic speech recognition technologies that convert voice data into text for various applications, including media broadcasting, contact centers, compliance, e-discovery, and transcription. Utilizing neural networks and the latest advancements in machine learning, Speechmatics has created a robust cloud-based and real-time speech recognition platform that supports multiple languages. This technology can be deployed in various contexts, allowing businesses to gather actionable intelligence and enhance processes while addressing data privacy concerns. By enabling the generation of time-stamped transcripts and insights about customers and employees, Speechmatics aims to improve operational efficiency and contribute positively to the bottom line.

Thought Machine

Seed Round in 2016
Thought Machine Group Limited is a fintech company based in London, United Kingdom, that develops Vault, a cloud-native core banking platform designed to modernize the banking industry. Established in 2017, Thought Machine addresses the challenges posed by outdated IT infrastructures commonly found in banks, which hinder innovation and customer service. Vault is built on a microservice API architecture, allowing for flexible configuration to meet the specific requirements of various banking institutions. The platform automates data analytics and regulatory reporting while offering a range of services, including smart contracts, customer data management, and mobile application integration. By enabling banks to update their operating models and enhance their user experience, Thought Machine aims to facilitate a significant transformation in the way banking technology is utilized.

Funderbeam

Venture Round in 2016
Funderbeam is an equity crowdfunding platform established in 2013, with its main office in Tallinn, Estonia, and a subsidiary based in Zagreb, Croatia. It offers a unique marketplace for early-stage investments, allowing investors to buy and sell equity stakes in private companies. Utilizing blockchain technology, Funderbeam provides transparency and security in transactions, enabling founders to raise capital while granting early-stage investors access to liquidity. The platform serves as a vital resource for high-growth private companies by facilitating investment opportunities and helping clients manage their private market portfolios. Through its innovative approach, Funderbeam has positioned itself as a significant player in the global startup ecosystem.

Iotics

Seed Round in 2016
Iotic Labs Ltd. develops an Internet of Things platform for things that allows them to share, create, understand, and exchange data. It provides access to Iotic Space, an environment where things can share data, data can be mashed with different sorts of data from others things, and anything can be related to anything else. The company’s platform enables sensors, electrical things, machines, micro-controllers, data systems, and others to interact with other things. Iotic Labs Ltd. was founded in 2014 and is based in Cambridge, United Kingdom.

Senseye

Seed Round in 2016
Senseye Ltd. is a company based in Southampton, United Kingdom, specializing in cloud-based solutions for predictive maintenance in the manufacturing sector. Founded in 2014, Senseye offers a product called PROGNOSYS, which provides automatic condition monitoring, diagnostics, and prognostics without the need for infrastructure or expert manual analysis. Utilizing advanced machine-learning algorithms, PROGNOSYS can be applied to any machine, regardless of the manufacturer, by leveraging data from existing Industrial IoT sensors and platforms. This platform enables manufacturers to forecast machine failures, track machinery depreciation, and receive alerts about equipment conditions, thereby reducing the risk of unexpected mechanical failures. Through its innovative approach, Senseye helps manufacturers optimize asset health management and improve operational efficiency.

Fluidic Analytics

Series B in 2016
Fluidic Analytics Limited designs, develops, and manufactures equipment for the characterization of proteins in laboratory, medical, and consumer applications. The company provides Fluidity One, a product that enables in-solution sizing and quantification of native protein. The company also offers Fluidity One-W, a product that enables high sensitivity in-solution analysis of protein size and protein interaction kinetics. Its products are used for applications, including protein quality, interactions, aggregation, and sizing. The company serves scientists, clinics, and healthcare providers. Fluidic Analytics Limited was founded in 2013 and is based in Cambridge, United Kingdom.

Privitar

Seed Round in 2016
Privitar Ltd. is a London-based enterprise software company specializing in privacy-preserving data mining and sophisticated data anonymization. Founded in 2014, it offers a range of products designed to help organizations manage sensitive data while ensuring privacy and compliance with regulations. Key offerings include Privitar Publisher, which facilitates data auditing and user management, Privitar Lens for creating privacy-preserving APIs, and SecureLink, a data de-identification system. The Privitar Data Privacy Platform enhances data utilization while protecting sensitive customer information. The company's solutions are utilized across various sectors, such as finance, healthcare, telecommunications, and marketing, enabling clients to innovate and leverage data responsibly. Privitar serves a global clientele across North America, Europe, and Asia, focusing on enabling ethical data practices and reducing privacy risks.

Chargepoint Services

Venture Round in 2016
ChargePoint Services Ltd (CPS) specializes in integrated electric vehicle (EV) charging solutions, combining advanced hardware with its proprietary software platform, the GeniePoint Platform. The company offers a comprehensive range of services that include hardware provision, equipment installation, project planning, and network management, facilitating both public and private sector EV charging. Additionally, CPS provides RFID card registration and software for charging and vehicle monitoring, thereby enabling clients to effectively mobilize electric vehicles. By focusing on smart energy storage and end-to-end technology solutions, ChargePoint Services aims to support the growing demand for accessible and efficient EV charging infrastructure.

BioBeats

Seed Round in 2016
BioBeats Group Ltd designs and develops an online platform BioBeats, that is a machine learning platform that measures biometrics and manages stress and wellness of individuals, employees, and patients in real-time, and helps them action that insight through engaging media. Its application is available for download on Android and iOS devices. The company was incorporated in 2011 and is based in London, United Kingdom.

Apperio

Seed Round in 2016
Apperio Limited is an online platform based in London that helps businesses manage their legal spending and relationships with law firms. It provides a comprehensive dashboard that allows users to monitor fees associated with specific legal matters in real time, offering valuable analytics for a detailed overview of legal expenditures. The platform also features a tendering option, enabling companies to solicit bids from selected law firms for various legal services, including corporate, commercial, dispute resolution, and more. Founded in 2011 and formerly known as Legal Tender Limited, Apperio aims to streamline legal spend management for organizations with significant legal needs, enhancing visibility and control over their legal expenditures.

Spectral Edge

Seed Round in 2016
Spectral Edge Ltd is a technology company based in Cambridge, United Kingdom, specializing in image enhancement and video personalization technologies. Founded in 2011, the company has developed patented image fusion technology that utilizes deep learning to improve image quality and visibility, particularly for color-blind individuals. Its flagship products include Phusion, which enhances images and videos by leveraging information beyond the normal visible spectrum, Eyeteq, designed to make television content more accessible to those with color vision deficiencies, and Nighteq, which reduces blue light to enhance sleep quality while maintaining visual contrast. These innovations find applications in various sectors, including computational photography, security, and consumer electronics, serving manufacturers and service providers in enhancing the viewing experience. As of December 2019, Spectral Edge operates as a subsidiary of Apple Inc.

Audio Analytic

Venture Round in 2016
Audio Analytic Ltd. specializes in sound recognition software aimed at enhancing the contextual awareness of consumer technology. The company offers a range of products, including its ai3TM analytics software, which classifies and recognizes various sounds, and AuditoryNET, which utilizes a dedicated machine learning pipeline for optimized sound recognition. Their offerings enable devices such as smart speakers, video doorbells, smartphones, and true wireless earbuds to detect and interpret sounds beyond speech and music, contributing to applications in safety, security, wellbeing, health, entertainment, and communication. Established in 2008 and based in Cambridge, UK, with an additional office in San Francisco, Audio Analytic serves original equipment manufacturers and chip providers across multiple industries, including consumer electronics and acoustics.
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