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IQ Capital

IQ Capital

Venture Capital

IQ Capital specialises in backing IP-rich technology businesses with a track record of stable growth.

Portfolio

51

companies

AUM

£1.0B

under management

Investment by month

By category

  • SecurTech£204M
  • AI/ML£189M
  • FinTech£176M
  • EnergyTech£128M
  • HealthTech£102M
  • Other£519M

By location

  • London£627M
  • Cambridge£398M
  • Norwich£79.1M
  • Edinburgh£78.0M
  • Southampton£38.3M
  • Other£97.1M

Portfolio companies

AccelerComm

AccelerComm

AccelerComm delivers high-performance 5G technology for satellite networks.

Ai Build

Ai Build

Ai Build provides cloud based software to automate additive manufacturing and reduce industrial waste.

A

Aibuild

Aibuild builds autonomous manufacturing software that automates complex industrial production.

A

Apperio

Apperio offers legal spend analytics and matter-tracking software for law firms and corporate counsel.

AA

Audio Analytic

Audio Analytic develops AI sound recognition software to give machines a sense of hearing.

B

BMLL

BMLL supplies harmonised historical market data and analytics to financial institutions.

View all 51 companies
CG

Cambridge GaN Devices

Developer of power semiconductor devices using Gallium-Nitride on Silicon technology.

C

Cauldron

Cauldron develops immersive science fiction projects for the Web3 gaming sector.

Closed Loop Medicine

Closed Loop Medicine

Closed Loop Medicine develops integrated drug and digital therapeutics to enable precision dosing.

CybSafe

CybSafe

CybSafe builds cybersecurity software that manages human cyber risk using behavioral and data science.

CyberSmart

CyberSmart

CyberSmart provides automated cybersecurity and compliance technology for small and medium-sized enterprises.

DaltonTx

DaltonTx

DaltonTx develops adaptive AI platforms to accelerate drug discovery for pharmaceutical and biotech organisations.

D

Divido

Divido provides a white-label platform for retail finance and point of sale payments.

FA

Fluidic Analytics

Fluidic Analytics builds devices to characterise proteins.

Foundries.io

Foundries.io

Foundries.io provides a cloud-native platform for secure Internet of Things and Edge devices.

G

Grapeshot

Grapeshot develops keyword contextual targeting technology for digital advertisers and publishers.

IB

IMU Biosciences

Mapping the human immune system through advanced blood analysis.

I

IONATE

IONATE builds the hardware and software backbone for smart electricity grids.

I

Imperagen

Imperagen engineers better enzymes faster using quantum physics and artificial intelligence.

Isembard

Isembard

Isembard builds a franchise network of automated precision manufacturing facilities.

K

KisanHub

KisanHub provides an online platform that streamlines data collection and decision making for agricultural supply chains.

M

M:QUBE

A fintech mortgage lender using data and technology to deliver mortgages in minutes.

M

Mindgard

Mindgard provides automated red-teaming and security platforms to help enterprises safeguard artificial intelligence systems.

M

Molyon

Molyon builds next-generation lithium-sulfur batteries for drones and robots.

Mytos

Mytos

Mytos builds automated production systems for human cell manufacturing.

N

Neurovalens

Neurovalens creates wearable devices that stimulate the brain to address metabolic and health issues.

Nu Quantum

Nu Quantum

Nu Quantum builds distributed quantum computing infrastructure.

Nyobolt

Nyobolt

Nyobolt builds ultra-fast charging energy technology for autonomous machines and high-demand industrial applications.

O

Optellum

Optellum develops artificial intelligence software to diagnose early-stage lung cancer.

Opteran

Opteran

Opteran builds natural intelligence software to power machine autonomy.

O

OxDX

OxDX develops AI powered rapid diagnostic technology for infectious diseases.

Pangaea Data

Pangaea Data

Pangaea Data develops unsupervised artificial intelligence software that extracts clinical insights from patient records.

Paragraf

Paragraf

Paragraf manufactures scalable graphene-based electronic devices.

P

Porotech

Porotech develops advanced gallium nitride semiconductor technology for micro-LED displays.

Privitar

Privitar

Privitar provides a comprehensive data privacy platform that enables organisations to manage sensitive information securely.

R

Risilience

Risilience provides climate analytics software that helps global enterprises manage their low-carbon transition.

R

Rivan

Rivan produces carbon-neutral synthetic natural gas to replace fossil gas in heavy industry.

S

Signaloid

Signaloid offers a computing platform that tracks real-time data uncertainty for autonomous decisions.

SE

Spectral Edge

Spectral Edge builds image fusion and colour perception technologies for electronic devices.

S

Speechmatics

Speechmatics develops advanced automated speech recognition technology for enterprise applications.

Synthesized

Synthesized

Synthesized automates test data and infrastructure for enterprise software quality assurance.

T

TOffeeAM

The software company uses artificial intelligence to design sustainable engineering machinery.

Thought Machine

Thought Machine

Thought Machine develops cloud native core banking technology for financial institutions.

T

Trogenix

Developer of Trojan horse cancer therapies targeting aggressive solid tumours.

T

Tropic

Tropic develops gene-edited tropical crops to improve resistance against agricultural disease and climate stress.

TurinTech

TurinTech

TurinTech provides an artificial intelligence platform that automates and optimises software development.

V

Virti

Virti provides an interactive training platform that uses artificial intelligence to improve workforce performance.

V

Vsim

Vsim provides high-performance physics simulation and training frameworks for robotics.

WG

Wobble Genomics

Wobble Genomics develops a novel approach to RNA sequencing for biotechnology applications.

W

Worldr

Worldr builds zero trust data sovereignty architecture for enterprise communication platforms.

causaLens

causaLens

causaLens develops Causal AI technology that enables systems to reason alongside humans.


Team

Kerry Baldwin

Kerry Baldwin

Co-Founder, Managing Partner

Kerry is a partner at IQ Capital and co-founder of IQC Deeptech VC. She also serves as a member of the Defence Industrial Joint Council at the UK Ministry of Defence and sits on the board of the British Business Bank.

LinkedIn
ES

Ed Stacey

managing partner

Ed is a general partner at IQ Capital Partners, where he has invested since 2006. His earlier career includes management consulting roles at Sagentia and The Generics Group.

LinkedIn
Max Bautin

Max Bautin

Managing Partner

Max co-founded IQ Capital, where he invests in European deeptech seed and series A start-ups. He also serves as a board member across multiple companies.

LinkedIn
RH

Rick Hao

principal

Daniel Carew

Daniel Carew

Principal

Daniel brings venture capital experience from roles at Archangel Ventures, Join Capital, and IQ Capital. He has also held board positions at QuadSAT, Ionate, and PicturaBio.

LinkedIn
AM

Archie Muirhead

Partner

Archie is a partner at IQ Capital. He previously held investment and research roles at CognitionX and Rocket Internet.

LinkedIn
View all 7 team members
Alex Wilson

Alex Wilson

Partner

Alex is a partner at IQ Capital, having previously worked as an investor and principal at the firm. Earlier experience includes research at The University of Manchester and an internship at Maven Capital Partners.

LinkedIn

Recent investments

Series A
$30.0M

The Series A round was led by Album VC with participation from Karma Ventures,.406 Ventures, Atlantic Bridge, IQ Capital and Lakestar.

"AI is creating an entirely new attack surface, and organisations need a fundamentally different approach to securing it. We don’t just automate attacks. We operationalize expertise, turning the knowledge of leading AI security researchers and offensive security practitioners into the capabilities every enterprise needs to secure their AI"
— James Brear, chief executive
Series A
$53.0M

The oversubscribed round was co-led by IQ Capital and Molten Ventures to expand the company's immune profiling platform.

"When we first invested in IMU in 2024, we believed deep immune profiling combined with AI could transform precision medicine. Since then, the team has consistently delivered. The immune system sits at the heart of almost every disease, and IMU’s ability to analyse it at this resolution could redefine how treatments are matched to patients. We’re proud to be IMU’s largest shareholder and excited to support the company’s next phase of growth."
— Inga Deakin, Partner
Seed
£5.0M

The funding round was led by PXN Ventures with participation from IQ Capital and Northern Gritstone.

"What I see right now is that the companies that will make a radical difference in this emerging AI-driven future are all AI-native, lean on real world data, have genuine impact, and are fundamentally deep tech. Imperagen has each of those characteristics, combining them with outstanding people, phenomenal technology and the undeniable swagger you only get from Manchester. It was a no-brainer to join the team and lead this next stage in its growth."
— Guy Levy-Yurista, CEO
Series C
£44.0M

The $1bn valuation round was led by Symbotic to support the development of fast-charging power solutions for autonomous systems.

"Nyobolt is enabling the always-on, always-moving infrastructure that physical AI demands. The enterprises deploying autonomous systems at scale can’t afford downtime, swap time, or power flickers. Our technology delivers a powerful trifecta: improved performance, exceptional durability, and a more sustainable operation, enabling a new generation of machines to run harder and smarter."
— Sai Shivareddy, Co-founder and Chief Executive Officer