British Patient Capital
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Apr 25, 2022
British Patient Capital commits £20m to Cambridge Innovation Capital’s Fund II Submitted 25/04/2022 - 9:25am British Patient Capital has invested £20 million in Cambridge Innovation Capital’s (CIC) second investment vehicle (CIC II). CIC was launched in 2013 and invests in deep-tech and life sciences businesses that have a connection with the Cambridge ecosystem. The £20 million investment forms part of CIC II’s total fund size of £225 milion. The new fund will lead, or co-lead, investments in R&D intensive businesses across deep-tech and life sciences which have the potential to become global category leaders. They will predominantly be early-stage companies at their Series A round. CIC II will invest in businesses with a link to Cambridge, either those with an operational presence in Cambridge, or a connection to the University of Cambridge via an IP license or a founder who has strong ties to the university. Like this article? Sign up to our free newsletter Author Profile Related Topics Allocator Funds Intelligence
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British Patient Capital's headquarters is located at Sheffield.
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