Welcome to the second edition of the CIC newsletter and our first for 2021.
We start with a review of 2020 – and what an unexpected year it was for everyone! Despite the challenges that COVID presented, we are extremely proud of how we and our portfolio adapted to the evolving situation whilst continuing to thrive.
In this edition we highlight some new video interviews from our "In Conversation With" series. We have received great feedback on how these videos provide a window into the operations of CIC and our portfolio companies. We hope you find them interesting and informative.
We have also provided links to some of the recent events that CIC has participated in or hosted. A particular highlight was Carol's event with KWM and Alibaba on how Deep Technology businesses can access the Chinese market.
If you have any feedback, or would like to suggest future potential content, please do let us know.
With best regards
Andrew Williamson Register for our newsletter
Rising ecosystems: Cambridge. The second episode of this FT podcast on the UK’s rising start-up ecosystems highlights the activities of Cambridge and features Riverlane, Cambridge Enterprise and commentary from Andrew Williamson. Listen here
Inivata announced that it had raised $35 million (£25.7 million) in a second close of a Series C financing round. This latest funding takes the total raised in the Series C round to $60 million following the $25 million invested by NeoGenomics, Inc. Read more
Riverlane announced that it had raised £14.6 million in Series A funding to underpin worldwide expansion of its Deltaflow operating system for quantum computers. Over the past year, Riverlane has signed up 20% of the world’s quantum hardware manufacturers to use Deltaflow and will use the funding to expand internationally to the US, Europe and beyond. Read more
CMR Surgical announced that Australia, world renowned for robotics, will become the fifth global market to introduce Versius, following approval for use in general, gynaecological and urologic laparoscopic surgical procedures. The system has been introduced into the Macquarie University Hospital in Sydney with Australia joining a number of leading hospitals across Europe and India to adopt this new technology. Read more
In Conversation With is our recently launched video interview series, where CIC talks to a range of stakeholders and partners. Two of the new videos released this quarter are summarised below. To view all please visit our News & Insights section