Latest News from Origin

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.

www.inductosense.com

 

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.

www.cyclopsmarine.com

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…

Ubio secures further investment

We are pleased to report that Origin portfolio company Ubio has secured a further round of investment from existing shareholders. The funding is at a significant premium to the price at which Origin’s investors initially subscribed, in April 2018.

Cazana drives ahead

Cazana, a leading provider of used vehicle data has raised a follow-on round of funding led by existing shareholders, but also bringing in new investors. Origin backed Cazana in 2018, and we are pleased to note that price of the recent round represents a significant uplift to the pricing of our original investment.

New investment in battery technology

Origin has invested in Echion Technologies, a Cambridge University spin-out. Echion is developing a portfolio of advanced materials for use in Lithium-ion batteries, which it hopes will deliver significant performance improvements over current products, particularly in electric vehicle applications.

Origin backs intelligent scheduling business

Origin has invested in Rotageek, which develops tools that use sophisticated data-analysis and forecasting techniques for workforce management applications. We participated in a round alongside a number of angel investors, and a venture capital investor.

Origin Capital News: Q1 2018

Read about Origin’s latest portfolio activity and recent performance data here.