ARTICLE | Finance
Backing Cambridge's AI boom
How Cambridge Innovation Capital is deploying its £150 million fund
April 1, 2019 10:26 PM UTC
After raising £150 million ($196 million) in its latest fund, Cambridge Innovation Capital will be keeping an eye on how artificial intelligence and machine learning technology can be applied to the life science sector.
CIC closed the financing, announced April 1, at its hard cap to back its portfolio companies and invest in spinouts from the University of Cambridge and the Cambridge area over the next two to three years...