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Imperial Innovations

Europe, England, United Kingdom, London

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Imperial Innovations frequently co-invest with?

Longbow Capital
Europe, Norfolk, United Kingdom, Norwich
Co-Investments: 4
Woodford Investment Management
Europe, Oxfordshire, United Kingdom, Oxford
Co-Investments: 6
SV Health Investors
North America, Massachusetts, United States, Boston
Co-Investments: 7
NV
Europe, England, United Kingdom, London
Co-Investments: 7
SR One
North America, Massachusetts, United States, Cambridge
Co-Investments: 6
Invesco
North America, Georgia, United States, Atlanta
Co-Investments: 12
Oxford Capital
Europe, Oxfordshire, United Kingdom, Oxford
Co-Investments: 4
Cambridge Capital Group
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 4
Cambridge Angels group
Europe, England, United Kingdom, London
Co-Investments: 4
Sofinnova Partners
Europe, Ile-de-France, France, Paris
Co-Investments: 4

Which angels does Imperial Innovations often collaborate with?

RS
Europe, Cambridgeshire, United Kingdom, Cambridge
Shared Deals: 1
MR
North America, California, United States
Shared Deals: 1
AF
Europe, Graubunden, Switzerland, Pontresina
Shared Deals: 1
TH
Europe, England, United Kingdom, London
Shared Deals: 1
DC
Europe, Cambridgeshire, United Kingdom, Cambridge
Shared Deals: 1
Shared Deals: 1
DM
Europe, England, United Kingdom, London
Shared Deals: 2
AH
Europe, Sligo, Ireland
Shared Deals: 1

What are some of recent deals done by Imperial Innovations?

Enterprise Therapeutics

Falmer, East Sussex, United Kingdom

A UK-based developer of drugs to treat respiratory diseases

Health CareHealth DiagnosticsTherapeutics
Series UnknownNov 10, 2016
Amount Raised: $5,019,293
Resolver

London, England, United Kingdom

Resolver provides an end-to-end complaint-resolution service.

Artificial Intelligence (AI)Consumer SoftwareCustomer Service
Series AOct 21, 2016
Amount Raised: $3,425,286
Concirrus

London, England, United Kingdom

Concirrus support digital transformation of the specialty insurance industry using the latest developments in technology.

ConsultingFinTechFleet ManagementInformation ServicesInformation TechnologyInsuranceInsurTechMachine LearningMarine TechnologySoftware
Series ASep 27, 2016
Amount Raised: $3,904,725
ThisWay

Austin, Texas, United States

ThisWay offers an unbiased candidate matching engine to identify top qualified candidates for every job.

Artificial Intelligence (AI)BlockchainHuman ResourcesMachine LearningRecruitingSoftware
SeedSep 27, 2016
Amount Raised: $2,082,520
Artios Pharma

Cambridge, Cambridgeshire, United Kingdom

Artios Pharma is a independent DNA Damage Response company with a strong pipeline of novel cancer therapies.

BiopharmaBiotechnologyMedical Device
Series ASep 21, 2016
Amount Raised: $32,577,832
Oxular

Oxford, Oxfordshire, United Kingdom

Oxular is a medical device startup dedicated to revolutionizing the way we measure ocular surface topography.

Health CareMedicalTherapeutics
Series AJul 19, 2016
Amount Raised: $20,600,000
Abingdon Health

York, York, United Kingdom

Abingdon Health is an innovative technology-led company focused on providing rapid and near-patient medical diagnostic testing solutions.

BiotechnologyHealth CareHealth DiagnosticsInformation TechnologyManufacturingMedicalMedical DeviceRobotics
Series UnknownJul 13, 2016
Amount Raised: $3,936,543
Econic Technologies

London, England, United Kingdom

Econic Technologies develops new catalysts and processes for the manufacture of polymers from CO2.

ChemicalManufacturingPlastics and Rubber ManufacturingWaste Management
Series UnknownJul 6, 2016
Amount Raised: $6,454,070
Storm Therapeutics

Cambridge, Cambridgeshire, United Kingdom

Targeting pathways that modify RNA to deliver novel cancer therapeutics

BiotechnologyHealth CareMedicalTherapeutics
Series AJun 28, 2016
Amount Raised: $16,028,252
Featurespace

Cambridge, Cambridgeshire, United Kingdom

Featurespace provides an adaptive behavioral analytics technology and automated deep behavioral networks for risk management.

AnalyticsArtificial Intelligence (AI)BankingFraud DetectionIntelligent SystemsMachine LearningPaymentsRisk ManagementSoftware
Series UnknownMay 31, 2016
Amount Raised: $9,000,000