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

CIC at a glance


a year in review: business update

A look back at some of the highlights of 2020 including the companies we welcomed to our portfolio, product launches, partnerships and new team members. Read more


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


PetMedix entered into a partnership with Boehringer Ingelheim, the second largest animal health business in the world, with 2019 sales of £3.5bn and a presence in more than 150 countries. 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

To find out more about portfolio news and updates, please visit our News & Insights section



We are delighted (but not surprised) that CIC's Carol Cheung has been shortlisted as one of Cofinitive's People to watch in 2021. 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


Jason Mellad, CEO of Start Codon, talks to Michael Anstey about what makes an accelerator versus a stagnator. View here


Serial entrepreneur Tom Weaver tells Robert Tansley the five lessons he's learnt and his advice to academics. View here


Events and webinars

Webinar How to Collaborate with Alibaba: IP, legislation and boosting market penetration. View here

Join our Managing Partner, Andrew Williamson at the PEWlive Technology Summit discussing value creation in Europe's technology sector, 11 February 2021 at 15:10 GMT. Read more about this event here