Iceni Seedcorn Fund helps commercialise innovation and technology development derived from the Fund's Partner Institutes.
The Iceni Seedcorn Fund was created to help commercialise innovation and technology development derived from the Fund’s Partner Institutes.Iceni was established in August 2002 with a £3m award from the DTi’s University Challenge Fund competition, run by the Government’s Office of Science and Technology. Together with contributions from the Partner institutions and HSBC Bank, the Fund had a total value of £4m.The Fund may invest from £5k - £500k per project, dependent on need. Iceni is an evergreen fund and the proceeds from successful investments are reinvested in new propositions.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
May 23, 2016
Nature Metrics
|
Seed | — | Biotechnology | — |
Jul 22, 2014
Spectral Edge
|
Seed | £300K | Artificial Intelligence | — |
Jan 31, 2011
Intelligent Fingerprinting
|
Seed | £300K | Health Care | — |
Nov 10, 2010
Procarta Biosystems
|
Series Unknown | £730K | Biotechnology | — |
Feb 1, 2009
UltraSoC Technologies
|
Seed | £400K | Cyber Security | — |
Iceni Seedcorn Fund has had 2 exits. Iceni Seedcorn Fund most notable exits include UltraSoC Technologies , Spectral Edge
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Jun 24, 2020 | UltraSoC Technologies | M&A | Cyber Security | Detail |
Dec 12, 2019 | Spectral Edge | M&A | Artificial Intelligence | Detail |