IQ Capital
Cambridge-based deep-tech VC; recurring investor across UK quantum, battery, and AI rounds.
Last refreshed: 13 May 2026 · Appears in 1 active topic
Timeline for IQ Capital
Participated in Nyobolt £44m Series C alongside strategic lead Symbotic
UK Startups and Innovation: Nyobolt hits £1bn on Symbotic-led Series C- What is IQ Capital and where is it based?
- IQ Capital is a Cambridge-based deep-tech venture firm founded in 2006, investing from pre-seed through Series C in hardware-enabled science breakthroughs including quantum, robotics, and semiconductors.Source: IQ Capital
- Which UK deep-tech companies has IQ Capital backed?
- IQ Capital has invested in companies across the Cambridge ecosystem including Nyobolt (battery tech), and has backed Quantum computing and AI infrastructure plays across its portfolio.Source: Lowdown uk-startups-and-innovation U#4
- Who are the investors in Nyobolt's Series C?
- Nyobolt's Series C was led by Symbotic, with IQ Capital, Scania Invest, CBMM, Latitude, and Walmart among the participants.Source: Lowdown uk-startups-and-innovation U#4
Background
IQ Capital participated in Nyobolt's Series C in May 2026, joining a round led by Symbotic and backed by Scania Invest, CBMM, and Latitude. The Nyobolt investment continues IQ Capital's pattern of backing Cambridge-ecosystem deeptech companies across multiple rounds; the firm has co-invested in UK quantum, battery technology, and AI infrastructure plays across its portfolio.
IQ Capital is a Cambridge-headquartered seed-to-growth venture firm founded in 2006. It focuses exclusively on deep technology — defined as hardware-enabled science breakthroughs in areas including semiconductors, photonics, quantum, robotics, and materials — and is one of the few UK firms with a credible multi-stage capability from pre-seed through Series C. Its close proximity to the Cambridge science ecosystem gives it early visibility on university spinouts. Partners include Kerry Baldwin and Max Bautin among others. The firm manages multiple funds across its history with a combined AUM in the hundreds of millions of pounds.
IQ Capital's recurring presence across UK deeptech rounds — Quantum computing (Quantum Motion, Riverlane), battery tech (Nyobolt), and AI hardware — makes it one of the most consistent institutional investors in the Cambridge cluster. Its participation signals that Nyobolt's technical credibility has been validated through multiple financing cycles by the same lead-diligence firm.