Often said that England and Europe are less growing funds for many stages of the stage later if we have their own, and this is true. According to the European Assembly Fund, at least there seven more fund vick videos large size in the US instead of Europe. So emerge new growth funds in the UK is significant.
Cambridge Inovation Capital (Cic), which plasted exclusive in Cambridge ecosystem on and around the famous university, has begun to pay $ 100 million ($ 12 million. CIC has $ 757 million in which the company and have a relationship that have a privilege with Cambridge University.
The fund is attached by the Aviva investors and the capital of the English patient and will invest in the technology company and deep lives.
Two investments have been made. Pragmatic semiconducture What is a large and manufacturer of chip designer that has already earned $ 389.3 million up to, while RiverlaneAs the correction of the quantum companies that have returned $ 120.7 million.
The new Cik’s fund will invest until £ 20 million ($ 25.2 million) per investment into the regulation of technology stage fields and life science. Hope, there will always be a long gap problem for the latest stage start-stage, which tends to cause the company’s channel to another country, usually us.
In the part, this is a problem that the British government announces the past month, a step-designed plan designed to grow the economy “using the super-filled tech university located around Oxford University and the famous Cambridge University. In addition, “Triangle” London, Oxford, and Cambridge, also includes five larger English university, including transportation packages, including £ 14 billion fund packages.
Andrew Williamson, customizering of cic, telling technual through the Invested Ciccional Invested Invested in Fartare Aurlanted Arthi, but there are many who are ignored technology.
“History, what we used to do is when our company got a series …. we do not have the capital in core funds to make (later stage of investment,” he said.
“So, we use it to offer as a co-investment for some of our LPS. But not many institutions, especially financial institutions, are really set up to make this investment direct to the company. So this genis of this fund can participate.”
They add one of the main directions from the English government to the british business banks are completing the stage of size: “So this is a new mission, for Aviva’s recent anchor, she is one of the signators of Compact house mansionSee rankings-. So this is around the capital of retirement funding as productive growth assets. “
Discarding from Cic portfolio includes selling gynepype therapist gyroscope companies for $ 1.5 billion, $ 55 million ITIVATA for Neogenomics for $ 390 million, and sell audio analysis sound recognition.
Cambridge is the best known to returns some essential companies including Holdings, ABCAM, Darktrace, and therapy.