
Imperial Innovations
Description
Imperial Innovations Group plc was a prominent technology commercialization and venture capital firm, headquartered in London, United Kingdom. Established with the primary mission of commercializing intellectual property originating from Imperial College London, the firm later expanded its scope to include innovations from other leading UK universities. It operated as a publicly listed company on the Alternative Investment Market (AIM) of the London Stock Exchange, providing a unique model for university spin-out funding. Imperial Innovations focused on deep technology sectors, including life sciences, engineering, and physical sciences, aiming to support the development of groundbreaking technologies with significant global impact potential.
The firm's investment strategy centered on early-stage companies, typically leading seed and Series A financing rounds, and providing crucial follow-on funding as its portfolio companies matured. Imperial Innovations was known for its hands-on approach, leveraging its deep scientific and commercial expertise to nurture promising university spin-outs. Its portfolio included a diverse range of companies, from biotech firms developing novel therapeutics to engineering companies creating advanced materials. For instance, in 2014, Imperial Innovations led a £10 million Series A financing round for Inivata Ltd., a company focused on liquid biopsy for cancer detection, demonstrating its commitment to substantial early-stage investments.
By July 31, 2016, Imperial Innovations had built a substantial portfolio comprising 100 companies, with a fair value of £309.8 million. Over its operational history, the firm had invested a total of £285.5 million into its portfolio companies as of the same date, underscoring its significant role in the UK's deep tech ecosystem. In 2017, Imperial Innovations Group plc was acquired by IP Group plc in an all-share transaction. This acquisition integrated Imperial Innovations' extensive portfolio and expertise into IP Group's broader platform, creating a larger entity dedicated to the commercialization of intellectual property from research-intensive universities. While Imperial Innovations no longer operates as an independent entity, its legacy continues through the companies it helped establish and the intellectual property it brought to market.
Investor Profile
Imperial Innovations has backed more than 96 startups, with 0 new investments in the last 12 months alone. The firm has led 48 rounds, about 50% of its total and boasts 20 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series A, Seed rounds (top funding stages).
- Majority of deals are located in United Kingdom, United States.
- Strong thematic focus on Biotechnology, Health Care, Medical Device.
- Typical check size: $1.3M – $12.5M.
Stage Focus
- Series Unknown (39%)
- Series A (29%)
- Seed (15%)
- Series C (8%)
- Series B (7%)
- Private Equity (1%)
- Series D (1%)
Country Focus
- United Kingdom (94%)
- United States (6%)
Industry Focus
- Biotechnology
- Health Care
- Medical Device
- Medical
- Therapeutics
- Manufacturing
- Software
- Artificial Intelligence (Ai)
- Information Technology
- Health Diagnostics
Frequently Asked Questions
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