UCL Technology Fund

Established in 2016, the UCL Technology Fund invests in intellectual property commercialisation opportunities arising from University College London's research, focusing on physical and life sciences. The fund supports UCL innovations with market potential, providing funding from seed stage to practical application.

Peter Loudon

Venture Partner

37 past transactions

Oriole Networks

Series A in 2024
Oriole Networks develops photonic switching technology to create energy-efficient networks. Its AI-driven computing infrastructure optimizes resource usage, reducing energy consumption and enhancing performance in data centers.

Gaussion

Series A in 2024
Gaussion develops a charging technology that uses magneto-electrochemistry to rapidly charge existing battery cells by steering ions, a process designed to reduce cell degradation and extend battery life. It has also created a charging device intended to boost electric vehicle usage by enabling fast charging while preserving battery lifespan and warranty criteria without requiring changes to vehicles or batteries.

Oriole Networks

Seed Round in 2024
Oriole Networks develops photonic switching technology to create energy-efficient networks. Its AI-driven computing infrastructure optimizes resource usage, reducing energy consumption and enhancing performance in data centers.

Stanhope

Seed Round in 2024
Stanhope is a real estate firm based in London, England, specializing in the development of major commercial and mixed-use properties. The company focuses on creating high-quality developments in London and the South East, encompassing a range of projects that include office spaces, retail environments, and integrated mixed-use facilities. By prioritizing innovation and sustainability, Stanhope aims to contribute to the urban landscape while meeting the evolving needs of businesses and communities.

Stanhope AI

Seed Round in 2024
Stanhope AI is a technology company that specializes in teaching robots and machines to make decisions in real-world, untrained situations. It leverages neuroscience, AI, and robotics to create advanced AI designs, enabling machines to adapt and learn from new environments. The company's unique approach involves integrating a model of the brain into machines, enhancing their ability to generalize, be power-efficient, and robust in autonomous systems.

Echopoint

Series A in 2024
Echopoint Medical Ltd, established in 2018 and headquartered in London, specializes in developing medical devices that incorporate optical-fibre based sensors. The company leverages optical fibre sensing technologies to enhance precision and efficacy in invasive cardiology and other minimally invasive procedures, with a focus on transforming the diagnosis and treatment of cardiovascular diseases.

Phasecraft

Series A in 2023
Phasecraft is a UK-based company founded in 2018 by world-class quantum scientists and engineers. They specialize in developing quantum software for intermediate-scale devices and quantum computers, aiming to accelerate practical applications of quantum computing.

Tenpoint Therapeutics

Series A in 2023
Tenpoint Therapeutics is a biotechnology company dedicated to developing engineered cell-based therapies aimed at restoring vision for individuals affected by degenerative ocular diseases. The company leverages an innovative platform that includes in vivo reprogramming techniques, allowing for targeted delivery of therapeutic systems directly to the eye. This approach eliminates the need for systemic administration, which can improve treatment efficacy and patient outcomes. By focusing on vision restoration, Tenpoint Therapeutics strives to significantly enhance the quality of life for patients suffering from various eye conditions.

Gaussion

Seed Round in 2023
Gaussion develops a charging technology that uses magneto-electrochemistry to rapidly charge existing battery cells by steering ions, a process designed to reduce cell degradation and extend battery life. It has also created a charging device intended to boost electric vehicle usage by enabling fast charging while preserving battery lifespan and warranty criteria without requiring changes to vehicles or batteries.

Hazy

Series A in 2023
Hazy is a data technology company that develops an AI-powered platform for synthetic data and automated data anonymization. The platform enables secure, automatic sharing of datasets while identifying and replacing personally identifiable information in evolving datasets, helping data-centric organizations unlock value from data while meeting privacy requirements. Founded in 2017 and based in London, the company aims to enable data to be shared and used more freely, accelerating AI adoption and enhancing business intelligence while maintaining trust.

Intrinsic Semiconductor Technologies

Venture Round in 2023
Intrinsic Semiconductor Technologies develops silicon oxide–based memristive devices with fully air-stable, CMOS-compatible technology. The company specializes in non-volatile and multilevel memory, and its platforms support hardware acceleration for machine learning and neuromorphic computing. Its memristive materials leverage common processing steps to enable integration in standard devices across advanced process nodes, facilitating operation at higher power, frequency, and temperature ranges. In addition to memory functions, the technology underpins low-power, cost-efficient semiconductors, including gallium nitride materials, suitable for diverse applications in data storage, processing, and next-generation computing architectures.

Carbon Re

Seed Round in 2022
Carbon Re is a climate technology company specializing in artificial intelligence for industrial decarbonization. It focuses on energy-intensive sectors like cement, steel, and glass, which contribute over 20% of global emissions. Carbon Re's Delta Zero platform uses deep learning to rapidly develop and deploy new low-carbon processes, designs, and materials.

Bloomsbury Genetic Therapies

Seed Round in 2022
Bloomsbury Genetic Therapies is a clinical-stage biotechnology company focused on developing curative gene therapy treatments for rare neurological and metabolic diseases. It pursues a pipeline of potentially curative therapies for devastating pediatric neurodegenerative conditions with no current treatments, including infantile neuroaxonal dystrophy, prioritizing manufacturability and accelerated, capital-efficient development to deliver first- or best-in-class programs.

Bramble Energy

Series B in 2022
Founded in London in 2016, Bramble Energy specializes in designing and manufacturing high-performance, low-cost fuel cell stacks using printed circuit board (PCB) technology. Their products cater to stationary, portable, and automotive sectors, with customizable options available.

Carbon Re

Pre Seed Round in 2021
Carbon Re is a climate technology company specializing in artificial intelligence for industrial decarbonization. It focuses on energy-intensive sectors like cement, steel, and glass, which contribute over 20% of global emissions. Carbon Re's Delta Zero platform uses deep learning to rapidly develop and deploy new low-carbon processes, designs, and materials.

Apollo Therapeutics

Venture Round in 2021
Apollo Therapeutics is a collaborative biopharmaceutical venture bridging three UK universities—Imperial College London, University College London, and the University of Cambridge—and three global pharmaceutical companies—AstraZeneca, GlaxoSmithKline, and Johnson & Johnson Innovation. It provides translational funding and drug discovery expertise to translate fundamental academic research into medicines, supporting preclinical and clinical development. The company builds an expansive, de-risked portfolio across oncology, major inflammatory disorders, and rare diseases, focusing on assets with strong biological hypotheses. Its team of industry scientists works with academics and industry partners to tailor projects, aiming to accelerate the path from discovery to the clinic and improve patient outcomes. By leveraging the UK science base and domestic pharma capabilities, Apollo Therapeutics seeks to deliver new therapies that address significant medical needs.

Intrinsic Semiconductor Technologies

Seed Round in 2021
Intrinsic Semiconductor Technologies develops silicon oxide–based memristive devices with fully air-stable, CMOS-compatible technology. The company specializes in non-volatile and multilevel memory, and its platforms support hardware acceleration for machine learning and neuromorphic computing. Its memristive materials leverage common processing steps to enable integration in standard devices across advanced process nodes, facilitating operation at higher power, frequency, and temperature ranges. In addition to memory functions, the technology underpins low-power, cost-efficient semiconductors, including gallium nitride materials, suitable for diverse applications in data storage, processing, and next-generation computing architectures.

Quell Therapeutics

Series A in 2021
Quell's vision is to become a leading engineered Treg cell therapy company. The company will seek to develop next generation engineered T-regulatory cell (Treg) therapies for a range of solid organ transplant and autoimmune conditions. Quell has been founded by Syncona in partnership with six leading experts in the Treg field, cell engineering, solid organ transplantation and autoimmune diseases: Giovanna Lombardi, Professor of Human Transplant Immunology at Kings College London (KCL), Alberto Sanchez-Fueyo, Professor of Hepatology in the Institute of Liver Studies at KCL, Hans Stauss, Professor of Tumour Immunology and Director of the Institute of Immunity and Transplantation at University College London (UCL), Emma Morris, Professor of Clinical Cell & Gene Therapy and Inflammation, Immunity and Immunotherapeutics Theme Director, National Institute for Health Research University College London Hospitals Biomedical Research Centre, Marc Martinez-Llordella, Senior Lecturer in the Institute of Liver Studies at KCL and Elmar Jaeckel, Co-Leader Liver Transplant program MHH, Group Leader "Immune tolerance" in the Department of Gastroenterology, Hepatology and Endocrinology at Hannover Medical School.

Nozzle.ai

Seed Round in 2020
Nozzle.ai is an eCommerce and advertising optimization platform focused on enhancing sales for online sellers, particularly on Amazon. The company provides a suite of services, including marketplace audits, advertisement optimization, and consulting. Utilizing data science, Nozzle.ai analyzes customer buying patterns to deliver insights on key metrics such as customer repeat order rates, lifetime value, and customer acquisition costs. This data-driven approach enables online sellers and agencies to improve their advertising strategies, ultimately increasing sales and revenue. Founded in 2014 and headquartered in London, Nozzle.ai operates under the umbrella of Beeswax, Inc. after rebranding from MediaGamma Limited in May 2020. The company's offerings also include artificial intelligence consultancy, machine learning operations, and various support services for setting up and managing advertising campaigns.

Bramble Energy

Series A in 2020
Founded in London in 2016, Bramble Energy specializes in designing and manufacturing high-performance, low-cost fuel cell stacks using printed circuit board (PCB) technology. Their products cater to stationary, portable, and automotive sectors, with customizable options available.

Humanloop

Seed Round in 2020
Humanloop is a London-based company that designs and develops an artificial intelligence data labeling and model training platform to scale human-in-the-loop workflows for machine learning and natural language processing. The platform supports data labeling, model training and prompt management, enabling engineers and data scientists to move from idea to deployment with less labeled data while improving prompt development, evaluation and observability. It facilitates training AI models and managing prompts for large language model applications, helping organizations deploy AI capabilities more reliably and efficiently. The company serves clients across tech and consumer sectors, including teams at Gusto, Vanta and Duolingo that use Humanloop to ship reliable AI products.

AstronauTx

Venture Round in 2020
AstronauTx focuses on restoring healthy function of astrocytes, a type of brain cell crucial for neuronal health and blood-brain barrier integrity. Its primary goal is to develop treatments targeting astrocyte dysfunction in dementias like Alzheimer's disease.

Quell Therapeutics

Series A in 2019
Quell's vision is to become a leading engineered Treg cell therapy company. The company will seek to develop next generation engineered T-regulatory cell (Treg) therapies for a range of solid organ transplant and autoimmune conditions. Quell has been founded by Syncona in partnership with six leading experts in the Treg field, cell engineering, solid organ transplantation and autoimmune diseases: Giovanna Lombardi, Professor of Human Transplant Immunology at Kings College London (KCL), Alberto Sanchez-Fueyo, Professor of Hepatology in the Institute of Liver Studies at KCL, Hans Stauss, Professor of Tumour Immunology and Director of the Institute of Immunity and Transplantation at University College London (UCL), Emma Morris, Professor of Clinical Cell & Gene Therapy and Inflammation, Immunity and Immunotherapeutics Theme Director, National Institute for Health Research University College London Hospitals Biomedical Research Centre, Marc Martinez-Llordella, Senior Lecturer in the Institute of Liver Studies at KCL and Elmar Jaeckel, Co-Leader Liver Transplant program MHH, Group Leader "Immune tolerance" in the Department of Gastroenterology, Hepatology and Endocrinology at Hannover Medical School.

Astroscreen

Seed Round in 2019
Astroscreen Ltd is a London-based company that specializes in developing a software as a service (SaaS) platform aimed at detecting astroturfing campaigns and social media manipulation. Incorporated in 2018, Astroscreen utilizes advanced machine learning techniques alongside human intelligence to identify fake accounts, botnets, and spam on social networks. Its platform supports disinformation analysts by verifying social media influence engagement and cleaning data streams, thereby enabling clients to combat marketing fraud and protect against harmful manipulation. By providing accurate insights into social media analytics, Astroscreen helps brands maintain their integrity and defend democracy from deceptive practices online.

Phasecraft

Seed Round in 2019
Phasecraft is a UK-based company founded in 2018 by world-class quantum scientists and engineers. They specialize in developing quantum software for intermediate-scale devices and quantum computers, aiming to accelerate practical applications of quantum computing.

Scout

Convertible Note in 2019
Scout is developing an innovative web assistance technology that aims to transform how individuals navigate the internet. The company is creating a content-aware browser that not only presents webpages but also comprehends their content and understands user intentions across multiple tasks. This advanced browser will function as a digital assistant, facilitating various online activities such as shopping by finding alternative prices and summarizing reviews, and event planning by checking users' calendars and suggesting routes. By employing techniques such as semantic graphing, natural language processing, and reinforcement learning, Scout's software will enable users to access relevant information seamlessly, eliminating the need for manual searches and enhancing overall online efficiency.

KIT-AR

Pre Seed Round in 2019
Founded in 2018, KIT-AR specializes in developing integrated industrial augmented reality systems designed to enhance manufacturing productivity. The company offers solutions such as KIT-ASSIST for specialist knowledge delivery, KIT-SMART for environment sensing and worker activity monitoring, KIT-BUILD for work instruction management, and KIT-INSIGHT for productivity insights.

Hazy

Seed Round in 2018
Hazy is a data technology company that develops an AI-powered platform for synthetic data and automated data anonymization. The platform enables secure, automatic sharing of datasets while identifying and replacing personally identifiable information in evolving datasets, helping data-centric organizations unlock value from data while meeting privacy requirements. Founded in 2017 and based in London, the company aims to enable data to be shared and used more freely, accelerating AI adoption and enhancing business intelligence while maintaining trust.

Freeline Therapeutics

Series B in 2018
Freeline Therapeutics is a clinical-stage biotechnology company specializing in systemic adeno-associated virus (AAV)-based gene therapies. Its pipeline includes FLT180a for hemophilia B, FLT190 for Fabry disease, FLT201 for type 1 Gaucher disease, and FLT210 for hemophilia A, all in various stages of clinical trials.

Glialign

Seed Round in 2018
Glialign is a biotechnology company developing regenerative therapies for peripheral nerve repair. It focuses on a living nerve growth guide designed as an off-the-shelf replacement for nerve allografts, allowing surgeons to guide regeneration without harvesting a donor nerve. The company's technologies aim to facilitate nerve repair by enabling surgeries in living neural tissue and improving functional recovery for patients with nerve injuries.

Nozzle.ai

Venture Round in 2018
Nozzle.ai is an eCommerce and advertising optimization platform focused on enhancing sales for online sellers, particularly on Amazon. The company provides a suite of services, including marketplace audits, advertisement optimization, and consulting. Utilizing data science, Nozzle.ai analyzes customer buying patterns to deliver insights on key metrics such as customer repeat order rates, lifetime value, and customer acquisition costs. This data-driven approach enables online sellers and agencies to improve their advertising strategies, ultimately increasing sales and revenue. Founded in 2014 and headquartered in London, Nozzle.ai operates under the umbrella of Beeswax, Inc. after rebranding from MediaGamma Limited in May 2020. The company's offerings also include artificial intelligence consultancy, machine learning operations, and various support services for setting up and managing advertising campaigns.

Hazy

Pre Seed Round in 2018
Hazy is a data technology company that develops an AI-powered platform for synthetic data and automated data anonymization. The platform enables secure, automatic sharing of datasets while identifying and replacing personally identifiable information in evolving datasets, helping data-centric organizations unlock value from data while meeting privacy requirements. Founded in 2017 and based in London, the company aims to enable data to be shared and used more freely, accelerating AI adoption and enhancing business intelligence while maintaining trust.

Orchard Therapeutics

Series B in 2017
Orchard Therapeutics is a UK-based biopharmaceutical company dedicated to developing and commercializing innovative gene therapies for rare diseases. Its core focus is autologous ex vivo gene therapy, transforming hematopoietic stem cells into a gene-modified drug product for single-administration treatments. The company's portfolio includes Strimvelis, approved by the EMA in 2016, and several programs in advanced registrational studies across various disease areas.

MeiraGTx Holdings

Venture Round in 2017
MeiraGTx Holdings is a clinical-stage gene therapy company dedicated to developing and commercializing innovative gene therapy products aimed at transforming the lives of patients with acquired and inherited disorders. The company focuses on addressing serious medical conditions, primarily targeting disorders related to the eye, salivary gland, and central nervous system. Its research and development efforts leverage a portfolio approach, which includes licensing, acquiring, and developing advanced technologies to support a diverse range of product candidates. Key pipeline products include AAV-CNGB3, AAV-CNGA3, and AAV-RPGR, among others. MeiraGTx operates in the United States, the United Kingdom, and the European Union, with plans to expand its focus to develop additional gene therapy treatments for various serious diseases in the future.

Bloomsbury AI

Seed Round in 2017
Bloomsbury AI Limited was a London-based company that developed a language processing platform aimed at enabling users to create, utilize, and share text-understanding computer applications. Founded in April 2015 by a team of innovators, the company utilized artificial intelligence to automate expertise and facilitate data analytics through written dialog with computers. This approach allowed users to execute repetitive tasks more efficiently, mimicking the learning process of human apprentices. Bloomsbury AI's technology was designed to read background documents and learn from expert feedback, ultimately creating programs that could perform similar actions. The company, which aimed to streamline the interaction between users and technology, went into liquidation, and at one point was a subsidiary of Facebook, Inc.

Freeline Therapeutics

Series A in 2016
Freeline Therapeutics is a clinical-stage biotechnology company specializing in systemic adeno-associated virus (AAV)-based gene therapies. Its pipeline includes FLT180a for hemophilia B, FLT190 for Fabry disease, FLT201 for type 1 Gaucher disease, and FLT210 for hemophilia A, all in various stages of clinical trials.

Orchard Therapeutics

Series A in 2016
Orchard Therapeutics is a UK-based biopharmaceutical company dedicated to developing and commercializing innovative gene therapies for rare diseases. Its core focus is autologous ex vivo gene therapy, transforming hematopoietic stem cells into a gene-modified drug product for single-administration treatments. The company's portfolio includes Strimvelis, approved by the EMA in 2016, and several programs in advanced registrational studies across various disease areas.
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