Cambridge Future Tech secures $5m to scale deep technology venture building
The new capital will support the creation of eight deep technology startups this year.
Cambridge Future Tech is a British venture builder that co-founds and supports early-stage deep technology companies.
Cambridge Future Tech has secured $5m in a new funding round to accelerate its operations in the deep technology sector. The capital will support the creation of eight new ventures this year and further partnerships with academic institutions and corporations.
Since launching in 2022, the firm has helped establish ten ventures, created numerous skilled roles, and guided several startups through early funding stages. The organization also plans to establish a sister venture capital arm to expand its support capabilities.
From the founder
"This investment underlines the growing importance of DeepTech startups for the UK’s industrial strategy. CFT is poised for continued expansion, aiming to establish a sister VC arm to further strengthen our venture-building capabilities."
Owen Thompson
CEO and co-founder at Cambridge Future Tech
Use of funds
- 01Fund the next phase of growth
About the company
Cambridge Future Tech
Cambridge Future Tech builds and scales deep technology startups from research labs.