IQ Capital Partners
IQ Capital Partners (FCA FRN 472896) is a Cambridge/London-based deep-tech VC firm founded in 2005, incorporated as an LLP (OC331235). The firm has backed 200+ European deep-tech founders across six fund cycles since 2007, investing at pre-seed to Series A with growth follow-on capacity up to $40m. Portfolio exits include acquisitions by Oracle (Grapeshot), Meta (Bloomsbury AI), Qualcomm (Foundries.io), Informatica (Privitar), PERSUIT (Apperio) and Nordic Capital (BMLL). AUM exceeds $1B (approx EUR 920M). British Business Bank anchor LP across all seven funds.
Key facts
Recent exits
Coverage notes
6 funds tracked, 28 portfolio companies (22 active · 6 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund IQ Capital Partners has raised, with its portfolio companies. Hand-checked from public filings.
IQ Capital Growth Fund IIGrowth2023 · 3yr€184M1 active
IQ Capital Fund IVVC2022 · 4yr€184M7 active
Unrealized
7 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Alpine Eagle | Aerospace & Defence | Germany | 2025 |
| DaltonTx | Biotech | UK | 2025 |
| Isembard | Aerospace & Defence | UK | 2026 |
| Mindgard | Cybersecurity | UK | 2023 |
| QuantumDiamonds | Deep Tech | Germany | 2023 |
| Signaloid | Deep Tech | UK | 2023 |
| Vsim | AI/ML | UK | 2024 |
IQ Capital Growth Opportunities FundGrowth2019 · 7yr€115M1 active
Unrealized
1 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Synthesized | Data & Analytics | UK | 2021 |
IQ Capital Fund IIIVC2018 · 8yr€161M10 active · 1 realized
Unrealized
10 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| AccelerComm | Telecom | UK | 2020 |
| Cambridge GaN Devices | Deep Tech | UK | 2021 |
| CyberSmart | Cybersecurity | UK | 2019 |
| IONATE | ClimateTech | UK | 2022 |
| Nu Quantum | Deep Tech | UK | 2019 |
| Nyobolt | Deep Tech | UK | 2020 |
| Risilience | SaaS | UK | 2021 |
| Trogenix | Biotech | UK | 2023 |
| Tropic Biosciences | AgTech | UK | 2022 |
| Wobble Genomics | Biotech | UK | 2021 |
IQ Capital Fund IIVC2013 · 13yr€58M2 active · 3 realized
Unrealized
2 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Paragraf | Deep Tech | UK | 2017 |
| Thought Machine | Fintech | UK | 2016 |
IQ Capital Fund IVC2007 · 19yr€29M1 active · 2 realized
Realized
2 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Bloomsbury AI | AI/ML | UK | 2017 | 2018 | Trade Sale | – | |
| Grapeshot | AdTech | UK | 2009 | 2018 | Trade Sale | – |
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About IQ Capital Partners
IQ Capital Partners is the UK's deepest deep-tech specialist venture capital firm with approximately $800 million (£630 million) of cumulative assets under management as of December 2024 across six funds (latest $400 million close in 2022 across Venture Fund V $200 million and Growth Fund II $200 million), headquartered in London with Cambridge presence. The firm was founded in 2005 and operates as a partner-owned FCA-authorised LLP with 20-year Cambridge ecosystem network heritage and 100 plus deep-tech founder backings including 1 unicorn (Thought Machine).
Investment thesis
IQ Capital deploys capital through six fund cycles (Venture Funds I-V plus Growth Fund I-II), targeting Pre-Seed through Series A venture capital with growth follow-on capacity up to $40 million via the Growth Fund. Sector focus spans intelligence and AI, energy, computation and quantum, biology and synbio, resilience and industrial innovation and frontier deep-tech themes. Geographic deployment is UK and European deep-tech anchored, drawing on the Cambridge ecosystem network. The 20-year Cambridge specialist heritage combines with platform infrastructure supporting 17 cumulative exits.
Recent activity
Recent realised exits include legal tech and SaaS (2025) plus prior-year exits across gaming and digital media and workflow software. Recent acquisitions include cybersecurity and AI reverse-engineering (June 2025), advanced manufacturing AI (recent) and quantum computing instrumentation (recent). The platform continues active deployment across the Venture and Growth fund vintages. Detailed buyer names and multiple data available on Pro at €29/month.
Investment team
Senior partners. Hand-checked from public filings and the firm's own site.
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