UCL Technology Fund invests in intellectual property and spinout companies originating from University College London.
Portfolio
13
companies
Astroscreen
Astroscreen builds technology to detect disinformation carriers and botnets on social networks.
Bramble Energy
Bramble Energy develops printed circuit board fuel cell technology for hydrogen power.
Carbon Re
Carbon Re builds artificial intelligence to decarbonise energy-intensive industries.
Echopoint Medical
Echopoint Medical develops optical sensing microcatheters for heart disease diagnosis.
Gaussion
Gaussion builds magnetic charging technology that improves lithium-ion battery performance.
Hazy
Hazy provides synthetic data solutions that enable enterprises to utilise sensitive information securely.
Intrinsic Semiconductor Technologies
Intrinsic Semiconductor Technologies develops resistive random-access memory to enable smart devices.
Nozzle.ai
An eCommerce and advertising optimisation platform for Amazon.
Oriole Networks
Oriole Networks builds photonic networking technology to connect AI accelerators using light instead of electricity.
Phasecraft
Phasecraft develops high performance algorithms to unlock the practical capabilities of quantum computers.
Quell Therapeutics
Developing engineered regulatory T cell therapies for immune dysfunction.
Stanhope AI
Stanhope AI builds brain inspired artificial intelligence for autonomous and physical systems.
Tenpoint Therapeutics
Tenpoint Therapeutics develops engineered cell-based therapies to restore vision.
David Grimm
Partner
The funding round was co-led by BGF and AlbionVC to support commercial deployment of its magnetic charging systems.
"The race everyone's watching is about computer chips — but the real prize is the battery. The battery decides whether the giant computers behind AI can keep running. Whether a drone can stay in the sky. Whether a satellite survives out in space. Every battery faces a physics ceiling, and we move that ceiling,"
The funding supports the development of optical networking technology designed to remove electronic switches from data centre cores.
"A year ago, we were proving the physics; today, we’re proving the business. Our collaboration with AMD has moved from concept to deployment to a system an order of magnitude larger, and the data proves this is already driving performance increases at pace,"
Frontline Ventures led the seed financing round to support the development of adaptive AI for physical environments.
"We’re moving from language-based AI to intelligence that possesses the ability to act to understand its world – a system with a fundamental agency. Our approach doesn’t just process words, it understands context, uncertainty, and physical reality."
Plural led the Series A round to help the London based startup expand its team and scale its super-brain solution.
"This funding is yet another milestone for Oriole following a year of rapid pace and growth. This is a booming market desperate for solutions and our ambition is to create an ecosystem of photonic networking that can reshape this industry by solving today's bottlenecks and enabling greater competition at the GPU layer. Building on decades of research, we're paving the way for faster, more efficient, more sustainable AI."
The London-based University College London spin-out secured backing from Autotech Ventures, UCL Technology Fund, and BGF to fund its commercial market entry.
"In many applications, we are observing that efforts to rapidly electrify are delayed or blocked due to the cost of raising the ceiling of battery performance,"