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Cambridge Innovation Capital raises £225m for Fund II

Cambridge Innovation Capital (CIC), a venture capital investor focused on building world-leading deeptech and life sciences businesses connected with the Cambridge ecosystem, has raised £225 million ($300 million) for its oversubscribed second fund (Fund II).

With Fund II, CIC now manages in excess of £500 million, giving it the scale to support its portfolio companies throughout their life cycle, providing investment capital as well as strategic and operational support.
 
Investors in Fund II include a geographically diverse group of around 50 institutional and strategic investors, with almost half of the capital raised having come from UK-based investors.

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