Skip to content
Back to Investors
UCL Technology Fund

UCL Technology Fund

Venture Capital

UCL Technology Fund invests in intellectual property and spinout companies originating from University College London.


Recent investments

Series A
$9.0M

The Series A round was led by Conviction with participation from numerous strategic and venture capital investors.

"The response from businesses to the capabilities of synthetic data has been huge. Enabling our customers to access and actually use their data unlocks real commercial value. Hazy has been working in the generative AI field since our inception in 2017 and we are excited to see where the space goes. This funding will solidify our position as the leading synthetic data provider for enterprises to unlock value through their data and enable us to explore the greater potential of generative AI to produce real results for businesses, with no privacy limitations."
— Harry Keen, Co-Founder and CEO
Series A
£7.0M

The funding round was led by Octopus Ventures with backing from IP Group and the UCL Technology Fund.

"We believe RRAM has the potential to become the backbone for the next generation of edge and IoT computers at a time when data hungry intelligent applications are becoming more and more prevalent"
— Mark Dickinson, CEO
Seed
£4.2M

The funding round was led by Planet A Ventures with participation from Clean Growth Fund, UCL Technology Fund, and Cambridge Enterprise.

"At a time of escalating fuel prices and increasing emphasis on CO2 reduction targets, there is an urgent need for action. Carbon Re is connecting the biggest challenge of our time – climate change – with the biggest opportunity – advances in AI. Our cement plant trials have demonstrated that Delta Zero can deliver dramatic CO2 savings on a near-live basis."
— Sherif Elsayed-Ali, CEO
Series B
£35.0M

HydrogenOne Capital Growth led the Series B round with support from IP Group, Parkwalk Advisors, BGF, and the UCL Technology Fund.

"Hydrogen, through its green production from electrolysis or its use in fuel cells to provide clean power, is critical for the transition to net zero. Bramble Energy brings a fundamentally different approach to these technologies, unlocking the deployment of hydrogen faster, more flexibly and at scale. We are delighted to contribute substantially to this significant funding round which will take Bramble to the next stage."
— Jamie Vollbracht, Partner, Cleantech
Seed
£1.4M

The seed round was led by UCL Technology Fund and IP Group to help fund memory device prototyping.

"Existing memory technologies, such as Flash, are reaching the limits of their capabilities – particularly in embedded systems such as those we need in IoT devices. Intrinsic’s memristor technology will transform next generation systems by combining high performance with ease of integration in digital CMOS. By basing our devices on silicon oxide, we ensure that they are as simple and as cheap to integrate with silicon-based electronics as it is possible to be."
— Tony Kenyon, Professor