Skip to content
You can now search across every topic, entity and event.What's new
IQ Capital
OrganisationGB

IQ Capital

Cambridge-based deep-tech VC; recurring investor across UK quantum, battery, and AI rounds.

On 6 May 2026, IQ Capital joined Symbotic's lead round in Nyobolt's Series C alongside Latitude, Scania Invest and CBMM, pushing the Cambridge battery spinout past a $1bn valuation.

Last refreshed: 22 July 2026 · Appears in 3 active topics

Timeline for IQ Capital

#10 30 Jun

Led StirlingX's Series A

UK Startups and Innovation: StirlingX raises GBP15m for defence data
#10 24 Jun
#7 2 Jun

co-led the IMU Biosciences £40m Series A

UK Startups and Innovation: IMU raises £40m to read blood
#4 6 May

Participated in Nyobolt £44m Series C alongside strategic lead Symbotic

UK Startups and Innovation: Nyobolt hits £1bn on Symbotic-led Series C
View full timeline →

Background

IQ Capital is a Cambridge deep-tech venture capital firm.

It was one of four co-investors in Nyobolt's Series c, announced 6 May 2026. Symbotic, the Nasdaq-listed AI robotics company whose warehouse automation systems run for Walmart, led the £44m round; Latitude, Scania Invest and CBMM also participated. The raise valued the Cambridge University spinout, founded in 2019, at $1bn. Nyobolt's anode materials enable a 0-80% charge in under five minutes at twenty times the energy density of supercapacitors, and revenue is reported to have grown five times year-on-year.

The round also showed where that chemistry earns its keep. Nyobolt is selling to operators of 24/7 robot fleets, from warehouse automation and physical AI platforms to data-centre edge infrastructure, for whom a conventional multi-hour charging stop is not an option.

Common Questions
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 and Latitude among the participants.Source: Lowdown uk-startups-and-innovation U#4
Source Material