Latest News from Origin
Origin Capital co-leads £2.1m investment in platform biotech Somaserve
Origin Capital was the largest investor in a £2.1m funding round recently completed by Somaserve, a developer of specialised nanoparticle technologies for delivery of pharmaceutical and other therapeutic agents to targeted cell types. Read more here.
CyTAL secures investment from Origin Capital
We have made a significant investment in CyTAL, a provider of cybersecurity product assurance services. The funding will support CyTAL’s accelerated growth plans for ProtoCrawler, its specialist “fuzz-testing” software application, used for identifying vulnerabilities in a wide range of connected devices. Read more here.
Origin Capital News: Q3 2020
We have published our latest newsletter! See here.
Follow-on investment: Echion Technologies
Origin propels Muve forward
We are delighted to announce our investment in Muve, a specialist conveyancing business. Origin led a £1.1m funding round, which included the Angel Co-Fund and a family office as co-investors. Read more..
Spectral Edge – successful exit
We have had a good trade sale exit from our investment in Spectral Edge, which develops sophisticated “image fusion” technology, potentially of value in mobile phone camera systems but also in other areas, such as broadcast media and imaging for defence applications. We are not able to comment on details of the transaction, but we have noted market speculation that the business was bought by Apple – see here.
Inductosense – New unquoted investment
We have recently invested in Inductosense, a Bristol-based company supplying novel Non-Destructive Testing (NDT) technology to the Oil & Gas and Petrochemical industries, amongst others. Inductosense’s approach uses inductive coupling to enable sensors attached to pipework to be powered and interrogated wirelessly to measure pipe thickness and corrosion. We believe the potential market size for Inductosense’s solutions is substantial.
New IoT sensor investment: Cyclops Marine
Origin has invested in Cyclops Marine, a developer of innovative devices for wireless monitoring of forces on masts and rigging and in other load-bearing locations of sailing vessels. We believe Cyclops has a leading technical and market position in this specialist market.
Origin Capital News Q2 2019
Read about Origin’s latest portfolio activity and recent performance data here.
Vantage Power – Trade sale to Allison Transmission
We are very pleased to announce the successful exit of our investment in Vantage Power, a leading developer of hybrid power-trains and associated battery and monitoring technologies for commercial vehicles. Origin first invested in Vantage Power in 2013, and we participated in two further funding rounds, in 2015 and 2017. The company has been bought outright in an all-cash transaction by US-headquartered Allison Transmission, one of the world’s largest global suppliers of medium and heavy duty automatic transmissions. Read more…