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Our Definition of Technology

The London Technology Fund includes the following sectors in its definition of technology. Where possible, these are consistent with the BVCA classifications.

  • Communications
    For example:
    Telecommunications: hardware – voice and data communications equipment, cable/mobile/satellite network equipment
    Telecommunications: carriers – cable/mobile/satellite telecoms carriers
  • Computer (hardware, semiconductors and software)
    For example:
    Computer: hardware – computer mainframes, laptops, minicomputers, PDA/hand-held devices, optical scanning equipment, voice synthesis/recognition systems
    Computer: semiconductors – semiconductors, electronic components (e.g., integrated circuits, transistors), semiconductor fabrication equipment
    Computer: services – data processing, hardware maintenance, IT consulting, IT training
    Computer: software – application software products, operating systems and systems related software for all types of hardware, systems integration, and software development
  • Internet technology
    For example:
    Browsers, portals, search engines and other internet enabling technology, website design/consultancy, ISPs
  • Other electronics related
    For example:
    Electronics – batteries, power supplies, fibre optics, analytical and scientific instrumentation
  • Biotechnology
    For example:
    Agricultural/animal biotechnology (e.g., plant diagnostics), industrial biotechnology (e.g., derived chemicals), biotechnology related research and production equipment
  • Medical (instruments, pharmaceuticals and healthcare)
    For example:
    Medical: healthcare – health institutions, hospital management, handicap aids & basic healthcare supplies
    Medical: instruments/devices – technologically advanced diagnostic & therapeutic products and services
    Medical: pharmaceutical – drug development, manufacture & supply.
    Please note that the London Technology Fund is restricted to a maximum investment of £1.5m in any one company, over a series of tranches. This means that it is not able to invest in companies that have very much larger capital requirements such as start-ups whose main activity is drug development.
  • Emerging technologies
    For example:
    Nanotechnology, doped semiconductors devices
  • Energy
    For example:
    Exploration and drilling services & equipment, energy conservation related, alternative energy
  • Environment
    For example:
    Industrial products and services – pollution and recycling related
  • Physical sciences and engineering
    For example:
    Chemicals & materials – commodity chemicals, speciality or performance chemicals/materials, coatings and adhesives, membranes and membrane-based products
    Industrial automation – industrial measurement and sensing equipment, process control equipment, robotics, machine vision systems, numeric and computerised control of machine tools
    Industrial products and services – industrial equipment & machinery
  • New materials
    For example:
    Materials for application in the home security sector (e.g., anti-blast); materials resulting in replacement of existing components to improve emissions, efficiency and productivity
  • Value added manufacturing
    For example:
    Technology-based enhancements to manufacturing processes in various sectors

Please contact us if you require further information.

Please be sure to read this important legal information.