UCL Technology Fund
Venture fund investing in University College London spin-outs; lead/participating investor across Phasecraft's pre-seed, seed, and Series A rounds.
UCL Technology Fund invests in intellectual property created by UCL researchers, backing spinout founders with capital and scale-up expertise to help commercialize academic research across physical sciences and life sciences. Launched in January 2016 as a £50m fund (Fund I, cornerstoned by the European Investment Fund and Imperial Innovations), it announced a first close of a £100m Fund II in August 2020. The fund is managed by AlbionVC in collaboration with UCL Business (UCL Ventures).
Overview
- Firm
- UCL Technology Fund
- Headquarters
- London, UK
- Founded
- 2016
- AUM
- Fund I: £50m (2016); Fund II: £100m target, first close announced August 2020 — no more recent combined total publicly disclosed
- Stages
- Pre-Seed, Seed, Series A
- Thesis
- We make UCL's research physical and life sciences ideas happen.
- Website
- ucltf.co.uk
Portfolio companies2
Partners0
No linked records yet.
Frequently asked
- What is UCL Technology Fund?
- We make UCL's research physical and life sciences ideas happen.
- How much does UCL Technology Fund manage?
- UCL Technology Fund manages Fund I: £50m (2016); Fund II: £100m target, first close announced August 2020 — no more recent combined total publicly disclosed in assets, and was founded in 2016.
- What stages does UCL Technology Fund invest at?
- UCL Technology Fund invests at Pre-Seed, Seed, Series A.
Sources & citations2
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
UCL Technology Fund launched in January 2016 as a £50m fund, cornerstoned by the European Investment Fund and Imperial Innovations, and is managed by AlbionVC in collaboration with UCL Business.
UCL News: UCL launches £50 million technology investment fundVerified2016-01-18 - 2
UCL Technology Fund announced a first close of a £100m Fund 2 in August 2020, cornerstoned by British Patient Capital and UCL.
UCL News: UCL Technology Fund announces first close of £100m Fund 2Verified2020-08-03