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VC backed by Cambridge university launches £100mn start-up fund

Summary by Financial Times

Cambridge Innovation Capital’s fund counts Aviva Investors and an arm of British Business Bank as backers

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Financial Times

VC backed by Cambridge university launches £100mn start-up fund

Cambridge Innovation Capital’s fund counts Aviva Investors and an arm of British Business Bank as backers

11 hours ago·London, United Kingdom

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Online EV

Charged EVs | Cambridge GaN Devices raises $32 million to expand power semiconductor production

Cambridge GaN Devices (CGD), a spinout from Cambridge University in the UK, has secured $32 million in Series C financing to expand its operations in the UK, North America, Taiwan and Europe. The investment was led by an unnamed strategic investor and included participation from British Patient Capital as well as existing investors Parkwalk, BGF, Cambridge Innovation Capital (CIC), Foresight Group and IQ Capital. The company develops energy-effi…

18 hours ago

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