We invest in innovative, early growth stage, high-tech businesses: usually post- revenue companies with evidence of scalability.
These companies typically use B2B models and operate in IT and Internet, Communications, Electronics, Robotics and Med Tech.
We can invest Â£1-5m in the first round and subsequently add further capital through follow-on investments.
For the first investment round, we always partner with expert private investors (or 'IQ Angels'), who commit their exceptional experience, time and money to the investee companies alongside the Fund.
We also occasionally make small seed investments in exceptional teams. These teams are always either identified by us directly or come to us via our network (not our website): if you are seeking seed capital, please ensure you come recommended.
We generally invest using non-participating convertible prefs (with no 'double dip') and we do not normally charge any fees to our investee companies.
IQ Capital II (Â£42m first close) started investing in November 2014 and aims to invest in up to 15 companies.
Both IQ Capital Fund II and IQ Capital Fund I are created under the Enterprise Capital Funds