IP Group plc

Last week we were thrilled to host our Deeptech focused event and panel discussion “AI Investing in a post-LLM world. Where next for the UK Deeptech venture community?”   This provided for thought provoking conversations around the Deeptech investment landscape, emerging trends and market insights relating to the use of AI in general and LLMs (large language models) in particular.   Read more about the opportunities and challenges posed by the worldwide explosion in the development and use of Artificial Intelligence in this insight piece from Dr Lee Thornton, Technology Partner at IP Group plc, in which he explores how compute can continue to meet the exponential growth in demand without draining the world’s energy supply. With existing technology reaching its limit, how might the internet find ways to accommodate cutting-edge AI in the future? And where do we see some of our portfolio companies, including Lumai, and Deep Render, having an impact? 👉 https://bit.ly/4bGSvFT #Deeptech #AI #LLM

Last night we had the pleasure of hosting our latest Deeptech focused event at our London office: “AI Investing in a post-LLM world. Where next for the UK Deeptech venture community?”   The evening saw Dr Lee Thornton, Technology Partner at IP Group plc moderate a panel of industry experts Dr Adnan Mehonic (Co-Founder and CTO at Intrinsic Semiconductor Technologies), Kevin Crain (CTO of Intel Ignite London) and Dr Peter Schrammel (CTO and Co-Founder of Diffblue). This was a fascinating and insightful discussion, which covered topics including:   💡 The investment landscape How to deploy capital into early stage deeptech companies in a world where the competition is a £3tn company.   💡Looking forward The fragmentation of the market away from CPUs to GPUs, analogue computing, quantum, post-von Neumann and the opportunities this presents.   💡Emerging trends  The demand for energy in training models is ever present as a factor in their build, but do we need to focus more on inference, especially at the edge? And what comes after LLMs? They are but language models, not search engines, so how can they evolve into something more consequential and reliable!   💡Market insights Chatbots are viewed as being the biggest, nearest term target for implementation for LLMs which will make a real impact in people’s lives, but there are plenty of other opportunities which will come about, a lot of which are currently unknown.   Thank you to our panellists and attendees for making this event a success and a thoroughly enjoyable evening. #AI #AIInvesting #Deeptech

📢 Amazing news that The Michael J. Fox Foundation for Parkinson's Research and Parkinson's UK have awarded $5.2m to portfolio company Mission Therapeutics. The funds will help Mission expand the Phase 1 study on MTX325, its potential disease-modifying treatment for Parkinson’s disease, into early-stage patients. 👉 Read more here: https://bit.ly/3VR5xe6 #ParkinsonsDisease

Some great news for Vytal | The reuse system (portfolio company within our dedicated cleantech platform Kiko Ventures) for securing €6.2 million to expand its tech platform for circular reusable packaging. ♻️ Congratulations to the whole team! 👇Read more below #Sustainability #CircularEconomy

📆 Join us on Tuesday for our latest event for Deeptech investors: AI Investing in a post-LLM world: Where next for the UK Deeptech venture community? Over the past 18 months we have witnessed a seismic change in our investment landscape as AI technology has finally entered the mainstream and created billions of dollars of value along the way. Dr Lee Thornton, Partner in our Technology Team will be hosting a panel discussing the evolution of our investing landscape as we try to determine from where the next investment opportunities might originate. We are thrilled to announce our panellists as: ● Dr Adnan Mehonic (Co-Founder & CTO of portfolio company Intrinsic Semiconductor Technologies) ● Kevin Crain (CTO, Intel Ignite London) ● Dr Peter Schrammel (CTO and Co-Founder of portfolio company Diffblue) To join us for this exciting evening, held at our King’s Cross office on Tuesday 2nd July from 18:00BST, please register here: https://bit.ly/3VVTEop We look forward to seeing you there! #Deeptech #AI

I want to extend my appreciation to Oxford University Innovation, Harwell Science and Innovation Campus, and the Department for Business and Trade for hosting an amazing inaugural Deep Tech Investor - Spinout Showcase earlier this week. The event brought together 45 investors from the US, UK, and EU to explore some of the most innovative Deep Tech Spinouts from the University of Oxford and Harwell Science and Innovation Campus. It was fantastic to see numerous Deep Tech and Clean Tech companies, many of which have been supported by both IP Group plc and Parkwalk Advisors. It was also great to connect with the wider Deep Tech community, underlining that the UK is a hotspot for fostering innovation.

Last week our CEO Greg Smith took part in a panel moderated by Bloomberg's Ashleigh Furlong alongside several other industry peers and experts (Richard Bungay, Linden Thomson, CFA, Clare Terlouw and Bernard Cooney) at the London Stock Exchange’s Future of Healthcare Investment Forum entitled ‘Financing Healthcare – UK, US, Private and Public’.   This marked a great opportunity to discuss the recent challenges and future opportunities in the healthcare sector, particularly long-term capital interest in science and technology scale up investment.   IP Group plc is the UK’s most active investor in science and innovation companies and are behind some of most exciting breakthroughs of the last 20 years.   We are strategically positioned to capitalise on the rapid advancements in pharmaceuticals and healthcare delivery, with over ten companies now in clinical studies and expecting key data by the end of 2025.   We believe the UK can be a science superpower - if we get the conditions right. #LifeSciences #Healthcare

🌈 Happy Pride Month 🌈    Last year in celebration of Pride Month we took on a company-wide charity challenge to raise money for a selection of employee-chosen LGBTQ charities across the UK and Australia, and this proved so popular that we have done it again in 2024!   This has once again seen our employees across the globe run, walk, cycle and swim kilometre after kilometre, with funds raised to be donated directly from IP Group plc to charities: 🌟 Akt, which supports LGBTQ young people in the UK who are facing or experiencing homelessness, or living in a hostile environment 🌟 Just Like Us, which works with young people across the UK to support those growing up LBGTQ 🌟Switchboard Australia, which provides peer-driven support services for LGBTQ people, their families, allies and communities   At IP Group we believe that diversity and inclusion are the foundation of a thriving and successful organisation. Together, let’s continue to work towards building a world where everyone is free to be their authentic selves. #PrideMonth #DiversityandInclusion

📆 IP Group plc is pleased to invite investors in Deeptech to our latest event: AI Investing in a post-LLM world: Where next for the UK Deeptech venture community?   Over the past 18 months we have witnessed a seismic change in our investment landscape as AI technology has finally entered the mainstream and created billions of dollars of value along the way. Dr Lee Thornton, Partner in our Technology Team will be hosting a panel discussing the evolution of our investing landscape as we try to determine from where the next investment opportunities might originate. We are thrilled to announce our panellists as: ● Dr Adnan Mehonic (Co-Founder & CTO of portfolio company Intrinsic Semiconductor Technologies) ● Kevin Crain (CTO, Intel Ignite London) ● Dr Peter Schrammel (CTO and Co-Founder of portfolio company Diffblue)   To join us for this exciting evening, held at our King’s Cross office on Tuesday 2nd July from 18:00BST, please register here: https://bit.ly/3VVTEop We look forward to seeing you there! #Deeptech #AI

Each year the 23rd June marks Alan Turing Day, a day where we celebrate the work of the leading British mathematician who made major contributions to computer science, AI and cryptanalysis. Alan Turing is considered the ‘Founding Father of AI’, laying the groundwork for the advancement of modern computers, alongside his influential research into cryptography at Bletchley Park in London during WW2. At IP Group plc, we recognise that we wouldn’t be where we are today without Turing’s huge contribution to scientific research, and we see this day in day out through our expansive Deeptech portfolio, particularly in portfolio companies Intrinsic and Lumai, which sit within our ‘Future Computing’ theme. ● Intrinsic is bringing fast, efficient and CMOS compatible memory to a wide variety of computing architectures and offers exciting new opportunities in hardware for AI. ● Lumai is using the power of 3D optical computing to enable the deployment of AI at scale, offering an order of magnitude improvement in speed and energy efficiency over current systems. “A trailblazer in so many different ways, the life of Alan Turing still has huge relevance today. We at IP Group are both proud and excited to play our part in the information revolution he was so instrumental in creating, and look forward to seeing companies across our portfolio continue to push forward the boundaries of what is possible as we further advance into the digital age.” Dr Lee Thornton, Partner in the Deeptech Team. #AlanTuringDay #ArtificialIntelligence #GenerativeAI #Technology #Innovation Image: Alan Turing by Elliott & Fry © National Portrait Gallery, London (CC BY-NC-ND 3.0)