Fundraising Fox

Cambridge Innovation Capital

Venture capital

Cambridge · Seed–Late Stage · 57 people tracked

Also known as CAMBRIDGE INNOVATION CAPITAL MANAGER LIMITED · Cambridge Innovation Capital Plc

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Investment thesis

CIC invests in knowledge-intensive businesses across life sciences and deep tech, driven by a belief in science's potential to drive change. Rooted in one of the UK's leading science and technology ecosystems, the firm identifies and supports promising entrepreneurs, providing financial backing and expert guidance to help build world-leading companies that deliver both financial success and global impact. The firm emphasizes aligning its investment activities with the values of its team and broader societal objectives, prioritizing impact and ESG in the belief that doing so enhances long-term financial returns and accelerates their incorporation into company operations.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Late Stage
Check
$127K – $12.7M
HQ
Cambridge, GB
Leads rounds
Follows
Instruments
Equity
Founded
2012
AUM
$762M
Tracked investments
55

Team · 57 people

from the firm's website & public directories
Dipesh Patel· Operating Partner
Ian Jauncey· Operating Partnerin
Andy Neely· Vice Chairin
Emily James· Analystin
Eva Bello· Executive Assistant
Humphrey Battcock· Independent Non-executive Director
Ignas Budvytis· Entrepreneur in Residence
James Chapman· Entrepreneur in Residencein
Jessica Halliday· Strategy Associatein
Matt Maynard· Events Managerin
Michelle Lamprecht· Head of Corporate Affairs
Neil Lawrence· Resident AI/ML Advisor
Nick Richards· General Counsel and Company Secretaryin
Panos Kakoullis· Independent Non-executive Director
Professor Sir John Aston, Kt FRS· Non-executive Director
Richard Hall· Associate
Rodrigo Santos· Entrepreneur in Residencein
Rojbin Cutcu· Receptionist and Office Administratorin
Ruth Aspel· Group Financial Controllerin
Sally Epstein· Entrepreneur in Residence
Sam Sturge· Non-executive Directorin
Sylwia Szulc· Finance Manager
Tom Page· Head of Investor Relationsin
Victoria Woodward· Head of Business Supportin
Christopher Tapper· Senior Associate

Founder mafia

3 people who came through Cambridge Innovation Capital went on to found or lead other companies.

What they invest in

from 29 of 55 portfolio companies

Biotech ×17Deep Tech ×11AI & Machine Learning ×10Healthtech ×10Medical Devices ×7Enterprise Software ×5Digital Health ×4Hardware ×4

HQs:United Kingdom×7United States×2Canada×1Germany×1

Investments · 55 tracked

founders shown can be your intro path

By year:2024 · 22023 · 12020 · 14 dated

Pretzel Therapeuticspretzeltx.comin✓ verified

Pretzel Therapeutics develops therapeutics targeting bioenergetic dysfunction and mitochondrial disease by addressing defects in mitochondrial DNA function and gene expression.

BiotechDeep TechHealthtechMedical Devices

Michal Minczuk(Co-Founder)Gabriel Martinez(Chief Scientific Officer & Co-Founder)Claes Gustafsson(Co-Founder)Maria Falkenberg(Co-Founder)Nils-Göran Larsson(Co-Founder)Jay Parrish(Chief Executive Officer & Chairman of the Board)in

Co-investorsARCH Venture PartnersEIR VenturesGV (Google Ventures)HealthCap

InivataMay 2020

BiotechCambridge

Jeffrey Buchalter(Director)Clive Morris(Executive Officer, Director)Peter Wright-Smith(Director)Douglas M. VanOrt(Director)Timothy Shannon(Executive Officer)

Board seatRobert Tansley· per SEC Form D

Abcodiaabcodia.com

Co-investorsAlbionVC

Audio Analytic

Co-investorsMartlet CapitalWalking Ventures

Beyondmathbeyondmath.comin𝕏

BeyondMath builds a foundational AI model trained on the laws of physics to run full-fidelity simulations and validate engineering designs at high speed with engineering-grade accuracy.

AI & Machine LearningDeep TechEnterprise Software

Co-investorsUP Partners

Bicyclebicycletherapeutics.comin𝕏May 2024

Bicycle Therapeutics develops precision-guided therapeutics based on its proprietary bicyclic peptide (Bicycle) technology, designed to penetrate deep into tissues and target intractable solid tumor cancers.

BiotechHealthtechCambridge

KEVIN LEE(Executive Officer, Director)FELIX J. BAKER(Director)RICHARD N. KENDER(Director)GREGORY WINTER(Director)STEPHEN SANDS(Director)NIGEL CROCKETT(Executive Officer)

Co-investorsAhren Innovation CapitalAstellas Venture Management LLCLongwood FundSR One Capital ManagementSV Health InvestorsVertex Ventures HC

Cambridge GaN Devicescamgandevices.comin𝕏

Cambridge GaN Devices (CGD) designs ICeGaN gallium nitride power transistors that integrate temperature control and gate reliability features and can be driven by standard silicon gate drivers.

Deep TechHardwareSemiconductors

Fabio Necco(CEO)

Co-investorsEMV CapitalIQ CapitalMartlet CapitalBritish Patient Capital

Carrick Therapeuticscarricktherapeutics.comin

Carrick Therapeutics is a biopharmaceutical company with a leadership team experienced in oncology drug development and commercialization.

BiotechDigital HealthHealthtechMedical Devices

Timothy Pearson(CEO)Ash Bahl(CSO)Jenny Horsfield(CBO)Stuart McIntosh(CMO)David Sutherland(VP Finance & Controller)

Co-investorsARCH Venture PartnersB Capital GroupB4 CapitalLightstone Ventures

Centessa Pharmaceuticalscentessa.com

Centessa is a biopharmaceutical company developing an Orexin Receptor 2 Agonist program aimed at treating sleep-wake, neurological, neurodegenerative, and neuropsychiatric disorders.

BiotechHealthtech

Co-investorsAdvent Life SciencesEcoR1 CapitalForesite CapitalMedicxiOberland CapitalScion Life Sciences+1 more

Cmr Surgicalcmrsurgical.comin𝕏

CMR Surgical develops Versius, a small, modular, and portable surgical robot that enables hospitals and surgeons to perform minimal access (keyhole) surgery.

HealthtechMedical DevicesRobotics

Massimillano Colella(Chief Executive Officer)

Co-investorsLightrockSandwaterSoftBank Vision FundWatrium

Complement medicines company
Complement Therapeuticscomplementtx.com

Complement Therapeutics is a clinical-stage biotechnology company developing gene therapies for complement-mediated diseases, with a lead AAV-based candidate (CTx001) for Geographic Atrophy secondary to Age-related Macular Degeneration.

BiotechDigital HealthHealthtechMedical DevicesMunich, DE

Rafiq Hasan(CEO and Managing Director)inMuhammad Ali Memon(Chief Medical Officer)in

Co-investorsHadean VenturesSeroba Life SciencesBioGeneration Ventures

Congenicacongenica.com

Congenica offers an AI-powered next-generation sequencing platform that turns raw genomic sequencing data into clinical insights across rare disease, oncology, and infectious diseases, along with clinical interpretation services staffed by NHS-trained genomic experts.

AI & Machine LearningBiotechDigital Health

Co-investorsQVenturesFuture Planet Capital

Cytoracytora.comin𝕏acquired by Applied Systems

Cytora is a risk digitization and automation platform for commercial insurance that uses AI to help brokers, insurers, and reinsurers receive, process, and make decisions on risk submissions.

AI & Machine LearningInsurTech

Co-investorsClaret Capital PartnersParkwalk Advisors

Deeptech Labsdtl.vcin

Deeptech Labs is a venture capital fund and accelerator that invests £100k–£350k in post-seed and seed-stage deeptech startups and runs a structured multi-week program ending in a Demo Day.

Deep TechCambridge, GB

Co-investorsEMV CapitalARM

Epitopeaepitopea.cominOct 2024

Epitopea develops off-the-shelf cancer vaccines targeting aberrantly expressed tumor-specific antigens using its proprietary CryptoMap platform.

AI & Machine LearningBiotechHealthtechMontreal, CA

Claude PerreaultPierre Thibault

Co-investorsAdvent Life SciencesCTI Life Sciences Fund L.P.adMare BioInnovationsFonds de solidarité FTQ

Fluidicfluidic.comin𝕏

Fluidic develops biophysics and single-cell analysis tools, including Fluidity One-M for in-solution protein interaction analysis using Microfluidic Diffusional Sizing and the Cyto-Mine platform for high-throughput single-cell screening via picodroplet microfluidics.

BiotechDeep TechHardware

James Wilkinsonin

Co-investorsHeran PartnersDraper Esprit

Forefront Rf
Gen Incodegenincode.comin𝕏

GENinCode develops genetic and clinical testing products for cardiovascular disease and familial hypercholesterolemia, providing risk assessment and prediction to help physicians stratify patients and select treatment pathways.

BiotechDigital HealthMedical DevicesOxford, GB

Co-investorsMaven Capital Partners

Generative physics company
Gyroscopetxgyroscopetx.comin𝕏

Co-investorsSofinnova Ventures

Imageimagen.ioin𝕏Acquired

Imagen is a cloud-native media asset management platform that enables organizations to manage, enrich, and distribute large-scale video files.

Cloud ComputingEnterprise SoftwareMedia & Entertainment

Co-investorsGuinness VenturesCadenzaHaystackMenlo VenturesScript Capital

Immutrin
Inivata Acquiredinivata.com

Co-investorsFuture Planet Capital

Microbioticamicrobiotica.comin

Microbiotica develops defined live biotherapeutic products based on microbiome science for immuno-oncology and inflammatory bowel disease treatment.

BiotechHealthtechMedical Devices

Co-investorsSeventure PartnersDCVC (Data Collective)

Minimal access surgical robots company
Molecular cancer therapies company
Morphogen Ix
Mosaic Therapeutics
Mosaic Txmosaic-tx.comin

A biopharmaceutical company operating in early drug development, commercialization, and life cycle management within the therapeutics and life sciences industry.

Biotech

Thomas

Nucleranuclera.comin

Nuclera develops eProtein Discovery, a benchtop protein screening system that uses cell-free protein synthesis and digital microfluidics to design, screen, characterize, and express proteins in-house.

BiotechDeep TechHardware

Co-investorsAmadeus Capital PartnersFuture Planet Capital

Origamiorigami.chatin𝕏

Origami is an AI-powered platform that helps sales teams identify and enrich prospective customers through intelligent prospecting and signal-based lead generation.

AI & Machine LearningEnterprise SoftwareSaaSSales TechSan Francisco, US

Finn Mallery(Founder)inKenson Chung(Founder)in

Co-investorsY CombinatorOctopus Ventures

Pet Medixpetmedix.comAcquired

Novel antibody-based therapeutics platform for animal health.

Co-investorsCompanion FundDigitalis VenturesParkwalk Advisors

Pragmatic
PragmatIC Semiconductorpragmaticsemi.comin𝕏

Pragmatic Semiconductor makes FlexICs, ultra-thin flexible integrated circuits built with thin-film transistor technology on flexible substrates for edge and item-level intelligence applications.

Deep TechHardwareSemiconductors

Co-investorsFuture Planet CapitalIn-Q-TelMaven Capital PartnersNorthern GritstoneProsperity7 VenturesMilltrust International Group

Riverlaneriverlane.com

Riverlane builds quantum error correction hardware and software, including its Deltaflow real-time QEC system, for quantum computer makers.

Steve Brierley(Founder)in

Co-investorsAmadeus Capital PartnersETF PartnersMolten Ventures

RNA modifying enzymes therapies company
Salience Labssaliencelabs.ai

Spin-out from the Universities of Oxford and Munster developing a novel semiconductor chip.

Vaysh Kewada(Founder)in

Co-investorsOxford Science EnterprisesPerivoli InnovationsSilicon Catalyst

Secondmindsecondmind.aiinNov 2023 · $16M

Secondmind builds cloud-native software using its Active Learning machine learning technology to help automotive engineers design and optimize complex vehicle systems with less data, fewer simulations, and fewer prototypes.

AI & Machine LearningDeep TechSaaS

Gary Brotmanin

Co-investorsAmadeus Capital PartnersAtlantic Bridge VenturesReefknot Investments

Seldonseldon.ioin𝕏

Seldon provides a Kubernetes-native MLOps and LLMOps platform for deploying, scaling, and governing machine learning and AI models in production across any cloud or on-premise environment.

AI & Machine LearningCloud ComputingDeveloper ToolsLondon, GB

Co-investorsAlbionVCBright Pixel CapitalTechstarsAmadeus Capital PartnersPlayfair Capital

Seldonseldon.comin

Seldon provides synthetic user personas built from real user analytics, ethnographic research, and Big Five (OCEAN) personality modeling to simulate user behavior and test product decisions before launch.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsMaC Venture CapitalProtagonistAlbionVCAmadeus Capital Partners

Semiconductor technology & manufacturing company
Semiconductors, Telecomsforefrontrf.com

Co-investorsCambridge Angels groupOctopus Ventures

Sense Biosense-bio.comin𝕏
Sense Biodetection
Sorterasortera.bioin

Sortera engineers antibodies with complex properties using its Deep Screening platform, which pairs conditional KD-grade binding measurement with full-length sequence data across millions of variants.

AI & Machine LearningBiotechDeep Tech

Sortera Bio
Storm Therapeuticsstormtherapeutics.comin𝕏

STORM Therapeutics is a clinical-stage biotechnology company developing small molecule drugs that target RNA modifying enzymes to reprogram cells through RNA biology.

BiotechHealthtechMedical Devices

Co-investorsFast Track InitiativeM VenturesPfizer Venture InvestmentsSeroba Life SciencesTaiho Ventures, LLCUTokyo Innovation Platform Co. Ltd.

Sustainable power electronics company
T Therapeuticst-therapeutics.comin

T-Therapeutics develops bispecific TCR-CD3 T cell engagers built on its OpTiMus TCR discovery platform to target previously undruggable intracellular targets.

BiotechDeep TechHealthtechCambridge, GB

Co-investorsF-Prime CapitalSanofi VenturesSofinnova PartnersDigitalis Ventures

Trent Ai
TRIMTECH Therapeutics

Platform company targeting selective clearance of intracellular protein aggregates in neurodegenerative disease.

Co-investorsM VenturesPfizer Venture InvestmentsStart Codon

UnlikelyAIunlikely.aiin

UnlikelyAI builds AI technology designed to support real-world decision-making through interpretable and trustworthy models.

AI & Machine LearningEnterprise Software

Co-investorsAmadeus Capital PartnersCambridge Angels groupMetaplanetMS&AD VenturesOctopus Ventures

visit https://trimtechtherapeutics.comtrimtechtherapeutics.comin

TrimTech Therapeutics develops a portfolio of targeted protein degraders, called TRIMTACs and TRIMGLUEs, that selectively remove toxic protein aggregates.

BiotechDeep Tech

Co-investorsPfizer Venture Investments

Exits · 1

IPOs and acquisitions across the tracked portfolio

Cytoraacq. by Applied Systems

Portfolio news

latest coverage across their companies

Principals & officers · per Companies House

what is this? ⓘ
Nicholas Bryn Richards

Secretary · since 2021

John Alexander David Professor Sir Aston

Director · British · since 2024

Humphrey William Battcock

Director · British · since 2017

Rowan Emma Chapman

Director · British,American · since 2022

Panos Koulis Kakoullis

Director · British · since 2025

Andrew David Professor Neely

Director · British · since 2018

Robert Timothy Sprawson

Director · British · since 2016

Andrew James Williamson

Director · British,American · since 2019

Nigel David Wilson

Director · British · since 2025

Frequently asked questions

How many investments has Cambridge Innovation Capital made?
Cambridge Innovation Capital has 33 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
What stage does Cambridge Innovation Capital invest at?
Cambridge Innovation Capital invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Cambridge Innovation Capital's typical check size?
Cambridge Innovation Capital typically writes checks of $127K – $12.7M.
What sectors does Cambridge Innovation Capital focus on?
Cambridge Innovation Capital focuses on AI & Machine Learning, Biotech, Deep Tech, Healthtech, Impact & Social Good.
Where is Cambridge Innovation Capital located?
Cambridge Innovation Capital is headquartered in Cambridge, GB.
Does Cambridge Innovation Capital lead rounds?
Cambridge Innovation Capital typically participates in rounds rather than leading them.
Who does Cambridge Innovation Capital co-invest with?
Cambridge Innovation Capital most often shares deals with AlbionVC, ARCH Venture Partners, Martlet Capital, among 45 tracked co-investors.

From the blog

visit blog ↗

Media · Podcasts & interviews

featuring the team

UK Government Spin Out Review with Andrew Williamson, Cambridge Innovation Capital

Cambridge Tech Podcast · Andrew Williamson

Images

Cambridge Innovation Capital photoCambridge Innovation Capital photoCambridge Innovation Capital photoCambridge Innovation Capital photoCambridge Innovation Capital photoCambridge Innovation Capital photo

Co-investors · 33

Amadeus Capital Partners

Amadeus Capital Partners is a technology investment firm that backs founders building complex, science-led and deep tech businesses, supporting them over the long term as they scale internationally.

$50K – $12.7M
Octopus Ventures

Octopus Ventures is a founder-focused European venture capital firm that backs mission-driven startups across seven core sectors, investing from idea stage through growth with a focus on pre-seed to Series A.

Both backed · 3
OrigamiUnlikelyAISemiconductors, Telecoms
$130K – $1.3M
ARCH Venture Partners

ARCH Venture Partners is a venture capital firm that invests in and helps build transformational companies, with a strong focus on the life sciences and biotechnology sector.

$50K – $250M
Digitalis Ventures

Digitalis Ventures invests in solutions to unmet needs in biomedicine and health, backing biotechnology and technology-enabled companies across human health and animal health.

$100K – $10M
Parkwalk Advisors

Parkwalk Advisors is a UK-based investment manager focused on backing deeptech companies spun out of UK universities, bridging the gap between academic research and commercial success. It operates as part of IP Group plc and is a leading EIS fund manager.

Both backed · 2
GV (Google Ventures)

GV (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning since its early days, building a global portfolio of more than 100 AI companies across infrastructure, life sciences, and applications.

Both backed · 1
$250K – $50M
F-Prime Capital

F-Prime Capital is an early-stage-focused investment firm backing companies across life sciences, technology, healthtech and services, and crypto.

Both backed · 1
$3M – $10M
Sofinnova Partners

Sofinnova Partners is a life sciences venture capital firm investing across the value chain from seed to later stage, with a focus on healthcare and sustainability. It backs companies in biopharma, medtech, digital medicine, agriculture and industrial processes.

Both backed · 1
$540K – $27M
Atlantic Bridge Ventures

Atlantic Bridge is a growth equity firm investing in deep technology companies across Europe, the UK and the US, using a cross-border value-add strategy and a global platform to help portfolio companies scale internationally.

Both backed · 1
$1M – $5M
Sofinnova Ventures

Sofinnova is an investment firm focused on the life sciences and biotechnology sector, partnering with companies from inception through drug development, regulatory approval, company building, and IPO.

Both backed · 1
Gyroscopetx
$100K – $15M
HealthCap

HealthCap is a life science venture capital investor and company creator that backs innovative healthcare ideas, people, and companies aiming to impact healthcare and society.

Both backed · 1
Insight Partners

Insight Partners is an investment firm focused on accelerating revenue and profit growth in software companies, providing capital and operational support through its Insight Onsite team.

$120M – $350M
21 more co-investors

FJ LabsPassion Capital83NorthFELIX CAPITALPhoenix Court.406 VenturesL CattertonFrontline VenturesForgePoint CapitalForbionFlagship PioneeringBusiness Growth FundDynamo VenturesToba CapitalVendep CapitalePlanet CapitalMC Healthcare VenturesTotalEnergies VenturesBeringeaNightDragonKayne Anderson Capital Advisors

Firms observed investing alongside Cambridge Innovation Capital, from public investor directories. Shared companies are the overlap with Cambridge Innovation Capital's recorded portfolio.

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