M&G is an investment manager whose Catalyst strategy focuses on innovative private assets tackling environmental and social challenges.
Portfolio
4
companies
AUM
£342000M
under management
Reactive Technologies
Grid resilience technology company helping operators ensure reliable renewable power systems.
Northern Gritstone
Northern Gritstone invests in university spin-outs and intellectual property-rich businesses in the North of England.
Level E Research
Level E Research develops bespoke artificial intelligence investment strategies for institutional clients.
Nuclera
Nuclera develops benchtop systems to accelerate protein expression and purification for research laboratories.
David Montgomery
Managing Director at M&G Wealth
Zachary Webb
Head of EMEA Investments in Catalyst
The capital will support international expansion and recruitment as demand grows for the company grid stability technology.
"As we deliver more projects to support the global transition to Net Zero, this backing will empower us to deliver at scale, expand our commercial presence internationally, innovate further, and make a real contribution to a clean energy future."
The investment business reached its final close anchored by local authority pension funds and institutional backers.
"Our ability to raise funding on this scale highlights the support for the world-class science and innovation being developed in the North of England."
M&G has taken a minority stake in the fintech to develop artificial intelligence investment solutions.
The Cambridge biotechnology company has raised £31.4m from investors including M&G and Amadeus Capital Partners to advance its desktop protein printer.
"There’s a fundamental productivity problem in biotech today. A biotech scientist needs to know how to make proteins to design drugs. That’s like expecting a computer scientist to know how to build a computer to design software,"
