Iceni Seedcorn Fund

investment firm

About

Iceni Seedcorn Fund helps commercialise innovation and technology development derived from the Fund's Partner Institutes.

Details

Industries
Finance,Financial Services,Venture Capital
Founded date
Aug 1, 2002
Operating Status
Active
Investor Type
MVC

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.

Investments

Number of Investments
Number of Lead Investments
6
0
Iceni Seedcorn Fund has made 6 investments. Their most recent investment was on May 23, 2016, when Nature Metrics raised 0.
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
Seed £300K Health Care
Series Unknown £730K Biotechnology
Seed £400K Cyber Security

Exits

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