The Rainbow Seed Fund is a £25m, early-stage venture capital fund dedicated to kick-starting promising technology companies developed at some of the UK’s largest publicly-funded research facilities, in the rapidly expanding science and technology campuses linked to them and in the field of synthetic biology. Created in 2002, the Rainbow Seed Fund is backed by 9 UK publicly-funded research organisations including STFC and BBSRC, and the Department of Business, Innovation and Skills (BIS). The Fund, whose portfolio comprises over 30 companies, holds investments in some of the UK’s most innovative companies in areas as diverse as novel antibiotics, research into Alzheimer’s disease, “green” chemicals and airport security. The Fund’s impact in over the past decade has been recently validated by independent research showing the Fund has leveraged over £150m of private investment from just £7m of its own investment and helped create 172 high value technology-related jobs.
Rainbow Seed Fund is an early-stage venture capital fund managed by Midven which is dedicated to kick-starting promising technology companies..
Cambridge Enterprise Limited is a wholly owned subsidiary of the University of Cambridge, responsible for the commercialisation of University intellectual property. Activities include management and licensing of intellectual property and patents, proof-of-concept funding and support for University staff and research groups wishing to provide expert advice or facilities to public and private sector organisations. Cambridge Enterprise provides access to angel investment and early stage capital through the Cambridge Enterprise Seed Funds, University of Cambridge Enterprise Funds, Cambridge Innovation Capital and Cambridge Enterprise Venture Partners, and offers business planning, mentoring, and other related programmes.