Cambridge Innovation Capital

“Cambridge is at the forefront of innovation in deep tech and life sciences. Our new EIR programme will provide academics and researchers with access to the £100m we are committing to University of Cambridge spinouts as they continue to develop breakthrough technologies. This expansion of CIC's long-standing partnership with the University of Cambridge, which provides unique access to the university's academics and research, will help support the UK's economic growth by developing the next generation of world-class companies.”

“CIC has traditionally invested in early-stage opportunities around Cambridge and has seen many of these companies mature into highly commercial businesses developing proven technologies. With this new fund we will support our portfolio companies, and scaleups from the UK ecosystem, as they reach a defining moment in their growth – and at exactly the point where the UK often loses its most exciting businesses. We want to be a part of that change.”

“We are delighted to be able to support long-time Cambridge Innovation Capital adviser, William Tunstall-Pedoe, as he looks to tackle some of the hardest challenges in AI. CIC was established to enable the world's leading entrepreneurs to build hugely disruptive global companies, so we are pleased to be co-investing alongside Amadeus Capital Partners and Octopus Ventures to support William and the Unlikely AI team.”