CIC's Strategic Report
Our Strategic Report for the year ended 31 March 2021 summarises our financial performance and provides further information on our strategic priorities and operations.
> £300 million
Secured for investment
£193 million
Invested / committed
30 portfolio companies
Cambridge Innovation Capital (CIC) is a leading venture capital investor backing and building category-leading deep tech and life sciences companies in the Cambridge ecosystem.
Our unique relationship with the University of Cambridge, and focus on the Cambridge ecosystem, provides us with unparalleled access to investment opportunities. With our knowledge, experience and connections we work hard to build those opportunities into global businesses to create sustainable value for our stakeholders.
Edward Benthall, Chairman, CIC
During a globally challenging year, CIC has continued to thrive. We have launched our new fund, Fund II, expanded our investment team and completed the first exit from our balance sheet portfolio.
The State of European Tech 2018, Atomico
The University of Cambridge is the top source of founders of European venture-backed start-ups.
Matthew Bullock, Master of St Edmund's College from 2014-2019
The growth story of Cambridge is a series of layers but the kernel is indigenous companies. Those companies formed and based here have grown unbelievably fast.
Charles Cotton, Founder of Cambridge Phenomenon and a member of CIC's Advisory Panel
This continually evolving community is like a perpetual motion engine attracting fresh, bright people inspired to do things differently.