Overview
The British Business Bank has committed £50 million to IQ Capital's Fund V, continuing a 20-year partnership. IQ Capital, based in Cambridge and London, focuses on deep-tech ventures, supporting over 250 founders in areas like AI and bioengineering. The firm has grown to manage over £1 billion in assets, with notable portfolio companies including Thought Machine and Paragraf. This funding aims to support the next generation of high-impact companies in the UK.
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Investors: British Business Bank
The British Business Bank has committed £50 million to IQ Capital's Fund V, continuing a 20-year partnership. IQ Capital, based in Cambridge and London, focuses on deep-tech ventures, supporting over 250 founders in areas like AI and bioengineering. The firm has grown to manage over £1 billion in assets, with notable portfolio companies including Thought Machine and Paragraf. This funding aims to support the next generation of high-impact companies in the UK.