CIC Annual Report 2021 Lite

Page 8

CAMBRIDGE INNOVATION CAPITAL

AT A GLANCE

Cambridge Innovation Capital was established as an independent entity in 2013 by the University of Cambridge to create a trusted local firm that would provide early stage capital to promising life science and technology businesses emerging from the University and the Cambridge ecosystem. The Cambridge ecosystem holds one of the richest seams of scientific knowledge and technological innovation in the world. Since our foundation, we have raised more than £300 million from a geographically diverse range of institutional and strategic investors, with the University of Cambridge and its Endowment Fund providing approximately 25% of these funds. We have committed £193 million of funds raised and now have 30 deep tech and life science portfolio companies in fields as diverse as surgical robotics, flexible electronics, microbiome science, genomic diagnosis, quantum computing software, peptide technology and edge intelligence and AI decision-making software.

This continually evolving community is like a perpetual motion engine attracting fresh, bright people inspired to do things differently. CHARLES COTTON FOUNDER OF CAMBRIDGE PHENOMENON AND A MEMBER OF CIC’S ADVISORY PANEL

Our ambition is to build these businesses into global, category leading companies, thereby creating sustainable value for our stakeholders.

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STRATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2021

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