UK-based Cambridge Innovation Capital, a venture capital firm specializing in early stage, startup, and mid venture investments, has raised $195 million in its latest financing round.
The company intends to use the proceeds from the funding to strengthen its portfolio and for its new investment plans.
Cambridge Innovation Capital has received the funds from University of Cambridge and Cambridge University Endowment Fund and nearly doubled its resources.
The latest funding brings the funds raised from the company to date to $357.6 million.