Top Technology Ventures

Top Technology Ventures Limited is a venture capital firm based in the United Kingdom, focusing on equity investments in technology companies across various growth stages, from seed funding to mature stage investments. The firm primarily targets small and medium enterprises in sectors such as computer hardware and software, internet infrastructure, communications, network security, electronics, medical equipment, diagnostics, and life sciences. It typically invests between £0.050 million and £1.25 million in initial rounds, with the potential for follow-on financing, and prefers to co-invest with other institutional or private investors. Top Technology Ventures generally seeks businesses with annual revenues under £45 million and assets under £39 million, and it aims for investment exits within four to six years. Founded in 1986 and headquartered in London, the firm operates as a subsidiary of IP Group Plc.

Harry Fitzgibbons

Managing Director and Non-Executive Chairman

10 past transactions

Oxehealth

Venture Round in 2014
Oxehealth Ltd. is a technology company based in Oxford, United Kingdom, that specializes in non-contact vital signs monitoring. Founded in 2012, it has developed the Oxecam software, which allows for the remote measurement of heart rate, respiratory rate, and blood oxygenation using digital video cameras. This innovative approach is particularly beneficial in medical settings, where it can enhance care for elderly and vulnerable individuals in environments where staff presence is limited. The system generates alerts for risky activities and provides objective data on patient vitals, enabling informed care planning. Oxehealth's technology combines proprietary algorithms that leverage deep learning, computer vision, and signal processing, making it suitable for various sectors, including healthcare, security, and retail. Its Digital Care Assistant supports clinicians and caregivers in mental health facilities, prisons, and home care, facilitating proactive interventions based on real-time data. Oxehealth is recognized for achieving the world’s first medical device certification for its software, demonstrating its commitment to enhancing patient care through innovative technology.

Netronome

Venture Round in 2012
Netronome is a company headquartered in Santa Clara, California, that specializes in networking software aimed at enhancing flow processing in networking and communications devices. By providing solutions that offload data path processing for virtual switches and routers, Netronome helps customers improve the efficiency of their data center infrastructure. This capability is particularly crucial in the context of increasing challenges associated with scaling and efficiency in modern data centers, especially as organizations adopt higher bandwidth network infrastructure. The company's technology combines the speed and flexibility of software innovation with the performance of hardware, allowing clients to achieve greater efficiencies in mega-scale data centers using commercial off-the-shelf server and networking equipment. Through its products, Netronome aims to reduce the total cost of ownership and drive higher revenue per server for its customers.

Netronome

Series D in 2010
Netronome is a company headquartered in Santa Clara, California, that specializes in networking software aimed at enhancing flow processing in networking and communications devices. By providing solutions that offload data path processing for virtual switches and routers, Netronome helps customers improve the efficiency of their data center infrastructure. This capability is particularly crucial in the context of increasing challenges associated with scaling and efficiency in modern data centers, especially as organizations adopt higher bandwidth network infrastructure. The company's technology combines the speed and flexibility of software innovation with the performance of hardware, allowing clients to achieve greater efficiencies in mega-scale data centers using commercial off-the-shelf server and networking equipment. Through its products, Netronome aims to reduce the total cost of ownership and drive higher revenue per server for its customers.

Oxford Nanopore Technologies

Series B in 2008
Oxford Nanopore Technologies Limited is a biotechnology company specializing in the development and commercialization of nanopore-based sequencing technology for the analysis of DNA, RNA, proteins, and small molecules. Its innovative product lineup includes the portable MinION device, the benchtop PromethION, and the GridION system, all of which enable real-time data streaming and scalable sequencing for a variety of applications in scientific research, personalized medicine, environmental monitoring, and agriculture. The Flongle offers smaller, on-demand sequencing solutions, catering to users requiring rapid insights. Operating in over 80 countries, Oxford Nanopore's technology is designed for accessibility and ease of use, featuring straightforward library preparation and automated solutions. The company maintains a robust patent portfolio, supporting its ongoing research and development in both biological and solid-state nanopore technologies. Founded in 2005 and based in Oxford, United Kingdom, Oxford Nanopore Technologies also has offices in multiple countries, including the United States, China, and Germany.

Arieso

Venture Round in 2008
Arieso Ltd. is a provider of geo-location and network optimization solutions tailored for wireless operators and service providers. Founded in 2002 and headquartered in Newbury, United Kingdom, the company offers a range of products including ariesoGEO for mobile network performance monitoring, ariesoDNA for network adaptation, ariesoCMP for capital management and planning, and ariesoACP for automatic cell planning and network optimization. These solutions focus on enhancing subscriber experience by analyzing mobile connection events to identify high-usage locations, allowing operators to strategically deploy small cells. In addition to its software solutions, Arieso also provides consulting, support, and maintenance services to help clients effectively manage their network capital budget programs.

Perpetuum

Series B in 2007
Perpetuum Ltd. is a company based in Southampton, United Kingdom, that specializes in the engineering, manufacturing, and commercialization of electromagnetic vibration harvesting micro generators. Founded in 2004 as a technology spin-off from the University of Southampton, Perpetuum has developed innovative self-powered wireless sensor solutions designed for condition monitoring in various industries, including rail, oil and gas, chemicals, and power generation. Its flagship products convert mechanical vibration into electrical energy, allowing for the operation of autonomous, maintenance-free wireless sensor nodes that transmit critical data on equipment health and performance. Perpetuum is recognized as the global leader in vibration energy harvesting, continually advancing the practical applications of this technology to enhance operational efficiency and safety in industrial environments.

Oxford Drug Design

Venture Round in 2006
Oxford Drug Design is a biotechnology company focused on developing innovative therapies to combat drug-resistant infections. The company employs advanced methodologies in computer-aided drug discovery, encompassing the entire process from target identification to preclinical studies and formulation. Its multidisciplinary research team integrates breakthroughs in computational chemistry, cheminformatics, mathematics, and cloud computing to enhance drug discovery efforts. The company's flagship platform, DrugFinder, represents a next-generation approach to identifying and developing new antibiotics, particularly targeting challenging diseases with significant unmet medical needs. By leveraging these technologies, Oxford Drug Design aims to provide healthcare professionals with effective treatment options for patients suffering from antibiotic-resistant bacterial infections.

Netronome

Series C in 2006
Netronome is a company headquartered in Santa Clara, California, that specializes in networking software aimed at enhancing flow processing in networking and communications devices. By providing solutions that offload data path processing for virtual switches and routers, Netronome helps customers improve the efficiency of their data center infrastructure. This capability is particularly crucial in the context of increasing challenges associated with scaling and efficiency in modern data centers, especially as organizations adopt higher bandwidth network infrastructure. The company's technology combines the speed and flexibility of software innovation with the performance of hardware, allowing clients to achieve greater efficiencies in mega-scale data centers using commercial off-the-shelf server and networking equipment. Through its products, Netronome aims to reduce the total cost of ownership and drive higher revenue per server for its customers.

Commerce Decisions

Series B in 2003
Commerce Decisions is a company that specializes in providing software solutions and expert services to enhance procurement processes and contract management. Its flagship product, AWARD, is a web-based platform designed to facilitate collaborative decision-making throughout the sourcing lifecycle, from initial preparation to contract compliance and supplier performance review. AWARD has been utilized in projects exceeding £150 billion, demonstrating its effectiveness in increasing contract value and minimizing risk. The company serves a diverse clientele, including government agencies such as the Department for Transport and the NHS, as well as organizations in various sectors like media, defense, and transportation. By assisting both buyers and suppliers in complex procurements, Commerce Decisions aims to streamline sourcing activities and improve outcomes in high-stakes contract negotiations.
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