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Below are the latest press releases from the London Technology Fund in PDF format, and other news. If you would like to be added to our News and PR mailing list, please contact us.

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  • 30th October 2008 - The London Technology Fund Competition 2008 award winners announced

    The London Technology Fund is delighted to announce the winners in the four sectors of the London Technology Fund Competition 2008. The winning formula was innovative technology, a clear market need and a strong management team. Accentus Medical won the Life Sciences sector award and was the overall winner of the Competition. The top-ranked ICT company was Office-Shadow. The Design and Engineering winner was Feed Me Bottles and the special Environment Award was won by life science company Stabilitech. The Awards Ceremony and Reception took place at The Royal Bank of Scotland at 280 Bishopsgate on 29 October. The Competition was sponsored by Company Guides Venture Partners, Oracle, PricewaterhouseCoopers and The Royal Bank of Scotland. For further information, please see the press release.

  • 16th October 2008 - The London Technology Fund's chairman invited to lecture about funding for high tech start-ups to the ICAEW's Corporate Finance Faculty

    The London Technology Fund’s (LTF’s) chairman was invited to give the opening lecture at the Corporate Finance for SMEs event for the Corporate Finance Faculty Forum of the Institute of Chartered Accountants in England & Wales (ICAEW), and to be a member of the question and answer panel which concluded this event. The Corporate Finance Faculty was established by the ICAEW for professionals involved in corporate finance. It has more than 6,000 members, ranging across accounting and professional services firms, companies, banks, private equity houses, brokers and law firms. The lecture, ‘Funding for High Tech Start-ups’, covered a wide range of topics relevant to entrepreneurs in London seeking funding as well as case studies from the London Technology Fund's investments. For further information about the Corporate Finance Faculty of the ICAEW, see www.icaew.com/index.cfm?route=136248

  • 9th October 2008 - London hosts 140 ‘brief encounters’ between innovative entrepreneurs and leading technology companies

    With less than one month left until the finals of the London Technology Fund Competition 2008, LTF is delighted to announce that 21 semi-finalists joined 20 representatives of major technology companies and corporate venture capital funds at a ‘speed-dating’ event held at the Chartered Accountants’ Hall in the City of London. The event was part of the Competition’s programme of training and advice designed to help innovative young technology companies in London prepare for investment and establish relationships with potential customers. For more information see the press release and www.londontechnologyfund.com/competition/

  • 1st October 2008 – The London Technology Fund welcomes Sir Michael Brady to its Technical Advisory Board

    Professor Sir Michael Brady FRS
    LTF is delighted to welcome Sir Michael Brady to its Technical Advisory Board. Professor Brady FRS, FREng, FMedSci, FIET, FInstP, FBCS is BP Professor of Information Engineering at the University of Oxford, which he joined from MIT in 1985. His research has for the past 15 years concentrated on medical and molecular image analysis, previously robotics. He was awarded the IEE Faraday Medal for 2000 and the IEEE Third Millennium Medal for the UK. He was awarded the Henry Dale Prize (for "outstanding work on a biological topic by means of an original multidisciplinary approach") by the Royal Institution in 2005. Mike was knighted in the New Year's honours list for 2003 and has honorary doctorates from 5 universities and from Université Paul Sabatier, Toulouse. Mike has a strong commitment to entrepreneurial activity. He serves as a non-executive director and Deputy Chairman of Oxford Instruments plc, until December 2003 he was Senior Independent Director of AEA Technology plc, and he is a director of Isis Innovation (Oxford University's intellectual property company). Mike is a founding Director of the start-up companies Guidance, which develops navigation systems for mobile robots and for dynamic ship positioning as well as electronic tags for offenders, and Mirada Solutions Limited, which develops medical image analysis software, in particular Reveal MVS for multimodal image fusion. Mirada Solutions was acquired in 2003 by CTI Molecular Imaging Inc (NASDAQ) and CTI was acquired in turn by Siemens in April 2005, becoming Siemens Molecular Imaging. Most recently, Mike became Senior Independent Director of the start-up company Ixico, which provides image analysis services to the pharmaceutical industry, and is a Director of Dexela, which is developing a novel 3D mammography system for more reliable and early detection of breast cancer. Mike is Chairman of the Science Advisory Board of Technikos.

  • 25th September 2008 - The London Technology Fund welcomes Peter MacLean to its Technical Advisory Board

    LTF is delighted to welcome Pater MacLean to its Technical Advisory Board. Peter has more than 40 years experience of the IT software and services industry. He is currently chairman and chief executive of an IT services business, Impera plc where he is executing a buy and build strategy. Previously, as chief executive, he led Guardian iT plc through a joint venture, a management buyout and then a listing onto the main market of the London Stock Exchange. During a period of 14 years he grew Guardian from a turnover of £0.5 million to £120 million with 700 employees operating in 12 countries in Europe, South Africa and Japan. Prior to Guardian he was a main board director of a publicly listed software services group, Sherwood International plc, for 10 years and managing director of their insurance, financial services and local government subsidiaries.

  • 14th September 2008 - The London Technology Fund signposted by the Sunday Times

    LTF was delighted to see technology entrepreneurs in London signposted to the London Technology Fund by the Sunday Times. The Sunday Times article, 'Cash still there for the keenest', focused on the impact of a more difficult economic environment on London-based entrepreneurs, looking at opportunities for funding and growth in such an environment.

  • 1st September 2008 - The London Technology Fund is delighted to announced the appointment of Rowland Savage

    LTF is delighted to announced that Rowland Savage has joined its investment management team. Rowland previously worked for ARCH Development Partners, a Chicago-based seed stage venture capital fund focused on technology. Rowland left ARCH to found Apothecary Software, a Northern Ireland based software company servicing the UK pharmaceutical market. His early career was as a software engineer at Logica and a project/program manager for Apion, during which time he worked on a variety of software projects for telecommunications operators in Europe and Asia. He has a BSc in computer science from Queens University Belfast and an MBA from the University of Chicago.

  • 12th August 2008 - The London Technology Fund's investee company Acrobot in the news

    LTF is delighted to see the press coverage of Acrobot's pioneering technology to assist surgery in orthopaedics, which featured in an article today in the Daily Express. For further information, see www.thelondonclinic.co.uk/PDF/200808acrobot.pdf. LTF co-led a funding syndicate which invested £2.6m in July 2007.

  • 15th July 2008 - The London Technology Fund announces investment in medical imaging company, Dexela

    The London Technology Fund (LTF), London’s specialist investor in new technology companies, today announced it has completed an investment in Dexela Limited, a company focusing on 3-D imaging technology known as Tomosynthesis, initially focused on the early detection of breast cancer. LTF was part of a syndicate, including Close Ventures, which invested over £2.6m in aggregate. Following the investment the company will move to new premises. For further details see www.dexelaimaging.com

  • 1st July 2008 – National Council for Graduate Entrepreneurship at the Royal Academy of Engineering

    David McMeekin , Chairman of the London Technology Fund, was a guest speaker for the National Council for Graduate Entrepreneurship (NCGE). NCGE was formed in 2004 with the aim of raising the profile of entrepreneurship and the option of starting your own business as a career choice amongst students and graduates. Its strategic partners include BERR, DCMS, HM Treasury and the Patent Office. NCGE has established the Flying Start Programmes, which are free 12 month business readiness programmes dedicated to helping start a business within a year. They are specially designed for students, graduates and postgraduates who want to, or who already have, started a business. For further details, see www.ncge.org.uk

  • 30th June 2008 - The London Technology Fund Competition 2008 in the news

    The London Technology Fund is delighted that the launch of its Competition on 12 March has attracted interest from a wide range of publications, helping to spread the word to innovative young technology companies looking for investment and relationships with major technology corporates. Publications covering the Competition include the Financial Times as well as specialist journals and websites such as BioLondon, Dockside Magazine (University of East London), ElectronicsWeekly.com, Ingenia (Royal Academy of Engineering), Institute of Physics' Corporate Affiliates Network e-bulletin, Internet Retailing, London Life Sciences News (London Biotechnology Network), Newsbank 17 (College Hill's life sciences newsletter), The Research and Development Society Noticeboard, and TechCrunch UK. A number of organisations and networks also kindly helped to publicise the Competition to their members by inviting LTF to speak at their events, including BioWednesday, the ICAEW, the MiniBar network for web entrepreneurs, and the Royal Society of Chemistry's Launch Pad event for early stage chemical and bio-science businesses. The MiniBar network has also published a video interview about the Competition and the London Technology Fund (see Intruders.tv).

  • 23rd June 2008 – One week to go for entrants to the London Technology Fund Competition 2008

    With just one week left for new entrants, LTF is delighted to announce that over 100 young technology companies have now registered for the London Technology Fund Competition 2008. Prizes include a share of up to £1m in investment funding (subject to LTF’s usual investment criteria), over £100,000 worth of expert training and advice and a ‘speed dating’ event offering the opportunity to meet major technology corporates. The deadline for submissions is 30 June and winners will be announced at the awards ceremony on 29 October 2008. For further information, see www.londontechnologyfund.com/competition/

  • 18-19th June 2008 - BBAA's Annual Conference

    David McMeekin, Chairman of the London Technology Fund, was a panel member for the session, Connecting Entrepreneurs to the Finance Ladder: Approaches to improve the interface of entrepreneurs to key sources of investment. David focused on the role of specialist funds, such as the London Technology Fund, in helping entrepreneurs in growth sectors access finance. For further information, see www.bbaa.org.uk

  • 17th June 2008 - The London Technology Fund participates in the Finance for Growth series of events with the ICAEW in the City

    David McMeekin, Chairman of the London Technology Fund (LTF) and of The Capital Fund, was the speaker about venture capital funding at the eighth in a series of events, Finance for Growth - Money is Not Enough. The event focused on the importance of a holistic approach to finance and advice for early stage companies, with David talking about funding from the perspective of a venture capitalist and outlining the different types of funding available for early stage companies. In particular he outlined the investment criteria of three London-specific funds: The Capital Fund, the Creative Capital Fund and the London Technology Fund. The event was held at the headquarters of the ICAEW in the Great Hall, Moorgate Place in the City and followed the seventh event in the series, which was held at Woodford Green in WalthamForest . The event was organised by the London Society of Chartered Accountants (LCSA), one of 22 district societies affiliated to the ICAEW. The LCSA has a membership of over 30,000, representing around a third of all Chartered Accountants.

  • 2nd June 2008 – One month to go for entrants to the London Technology Fund Competition 2008

    With just one month left for new entrants, LTF is delighted to announce that over 70 young technology companies have now registered for the London Technology Fund Competition 2008 since its launch in March. We are also very pleased to welcome Eli Lilly & Co. and Smith & Nephew as supporters. The London Technology Fund Competition 2008 now has 24 major sponsors and supporters. Prizes include a share of up to £1m in investment funding (subject to LTF’s usual investment criteria), over £100,000 worth of expert training and advice and a ‘speed dating’ event offering the opportunity to meet major technology corporates. The deadline for submissions is 30 June and winners will be announced at the awards ceremony on 29 October 2008. For further information, see www.londontechnologyfund.com/competition/

  • 3rd April 2008 - The London Technology Fund announces first close of further funding round for Intellistream

    The London Technology Fund (LTF), London’s specialist investor in new technology companies, today announced the first close of an up to £1m further funding round for Intellistream, a developer of technology for interactive mobile video applications. The funding round follows the first significant contract for Intellistream’s technology and was led by LTF. The funding will enable Intellistream to address further its initial target market, providing the ability remotely to access and control security/CCTV cameras on the move. Intellistream’s platform offers advantages over competing interactive mobile video solutions through being easy to manage, readily scalable, providing high levels of reliability and low latency/high responsiveness.

  • 2nd April 2008 - The London Technology Fund's chairman invited to speak about funding start-up life science companies in London at BioWednesday

    David McMeekin, chairman of the London Technology Fund (LTF), was invited to speak at the London Biotechnology Network's monthly event, BioWednesday. He explained the role of LTF in funding start-up and early stage technology companies in London, and talked about some of LTF's investments, including deltaDOT, Acrobot and Immune Targeting Systems. The event was attended by around 150 people from a variety of public and private sector organisations, all of whom are involved in the biotech sector. The London Biotechnology Network (LBN) was established by London First in June 2000, providing the first co-ordinated approach to biotechnology in London. With over 2000 members from 800 organisations, LBN is now one of the largest biotechnology networks in Europe. Membership is not limited to London-based companies, but encompasses all organisations with an interest in London's emerging biotechnology sector and doing business in, with or through London. For further information about the network, see www.londonbiotechnologynetwork.co.uk. For information about LTF's investments, see www.londontechnologyfund.com/investments/

  • 28th March 2008 - The London Technology Fund's chairman invited to speak about funding for start-ups at the monthly MiniBar event for web entrepreneurs

    David McMeekin, chairman of the London Technology Fund (LTF), was invited to speak at the MiniBar event in London about LTF and funding for London-based start-up technology companies. This is a monthly networking event for web entrepreneurs and others involved in technology. David also spoke about the LTF 2008 Competition and was filmed speaking about the fund and the competition during the reception following the speeches. For more information, see http://uk.intruders.tv/David-McMeekin,-chairman-of-London-Technology-Fund,-on-the-1-million-competition_a395.html. For information about MiniBar see http://www.openbusiness.cc/

  • 18th March 2008 - The London Technology Fund holds its Spring presentations and networking event

    The London Technology Fund's Spring presentations and networking event was held at the RSA on 18th March. It was attended by some 60 professional advisers, investors and other relevant parties. The evening included a presentation by the fund's chairman, David McMeekin, explaining how the fund operates and providing a short overview of some of the fund's investments. This was followed by a presentation by Gaby Rose, Business Engagement Manager at the British Library Business & IP Centre, who outlined the facilities and services available for entrepreneurs at the Centre. The final presentation was by Carlton Brown, founder and CEO of one of the fund's investee companies, Immune Targeting Systems, which is developing vaccines for mutating viruses. David McMeekin concluded the presentations by reminding the audience of the London Technology Fund Competition 2008, which was launched the previous week. LTF holds these particular presentation and networking events at the RSA regularly. For further details of the British Library Business & IP Centre, see www.bl.uk. For further details of the LTF Competition, see www.londontechnologyfund.com/competition/

  • 12th March 2008 - The London Technology Fund's chairman invited to speak about the competition at the Royal Society of Chemistry's Launch Pad event

    David McMeekin, chairman of the London Technology Fund, announced the London Technology Fund Competition 2008 at the Royal Society of Chemistry's Launch Pad event in London on 12 March. The event is designed for early stage chemical and bio-science businesses as well as anyone thinking about starting up their own company. It is free to attend and is designed to provide a valuable insight into running and maintaining a successful business. Speakers included Ken Powell of Arrow Therapeutics, Trevor Perrior of NCE Discovery, James Robertson of Marks & Clerk, and Anne Crean of the London Development Agency. The Royal Society of Chemistry's event was co-organised with the LDA and the London Biotechnology Network. For further information, see www.rsc.org

  • 12th March 2008 - Launch of the London Technology Fund Competition 2008

    LTF is delighted to announce the launch of the London Technology Fund Competition 2008. Prizes include the chance to share up to £1m of investment (subject to LTF's usual investment criteria) and over £100,000 worth of training and advice. Early applicants will also receive a free copy of the publication, Sources of Finance and Advice for SMEs in London. The deadline for submissions is 30 June and winners will be announced at a ceremony to be held on 29 October 2008. For further information see the press release and www.londontechnologyfund.com/competition/

  • 10th March 2008 – The London Technology Fund welcomes Sir John Treacher KCB to its Technical Advisory Board

    LTF is delighted to welcome Sir John Treacher to its Technical Advisory Board. After three years at sea during WWII he qualified as a Fleet Air Arm pilot and after commanding air squadrons and ships ended his naval career as Commander-in-Chief of the Fleet. In the Ministry of Defence, he set up management of the Polaris programme and later the mating of Rolls-Royce engines with the US Navy Phantom aircraft to enable UK procurement for the Fleet Air Arm and later the RAF. After leaving the Royal Navy in 1977 to follow a business career he joined the Westland Group which was pioneering the use of new materials, fly-by-wire controls, glass cockpits and unique rotor blade design which enabled a Lynx helicopter to capture the world speed record in 1985. As marketing director he was responsible for global sales of helicopters and hovercraft and their support. He was appointed Vice Chairman in 1981 and Executive Deputy Chairman in 1983. In 1989 he became a director of Meggitt plc, a major supplier to the aerospace industry and security services, focusing on access control at airports. In 1995 he became chairman of a start up company in the fast developing communications industry, which was floated on AIM in 1997. He served as a member of the advisory board of Ozonelink Ltd, a major building security specialist company from which a subsidiary, specialising in systems for the water industry, was spun off under his chairmanship. He was elected a Fellow of the Royal Aeronautical Society in 1973, and served as a Director of the Society of British Aerospace Companies from 1982 to 1989 and as a member of the Press Council from 1978-81.

  • 10th March 2008 - The London Technology Fund participates in the Finance for Growth series of events with the ICAEW in Waltham Forest

    David McMeekin, Chairman of the London Technology Fund (LTF) and of The Capital Fund, was the speaker about venture capital funding at the seventh in a series of events, Finance for Growth - Money is Not Enough. The event focused on the importance of a holistic approach to finance and advice for early stage companies, with David talking about funding from the perspective of a venture capitalist and outlining the different types of funding available for early stage companies. In particular he outlined the investment criteria of three London-specific funds: The Capital Fund, the Creative Capital Fund and the London Technology Fund. The event was held at the County Hotel, Woodford Green in Waltham Forest and followed the sixth event in the series, which was held in Harrow in December. Further events in the series are being planned to take place around London. The next event will be held at the headquarters of the ICAEW in the Great Hall, Moorgate Place in the City on 17 June. The event was organised by the London Society of Chartered Accountants (LCSA), one of 22 district societies affiliated to the ICAEW. The LCSA has a membership of over 30,000, representing around a third of all Chartered Accountants.

  • 19th February 2008 - The London Technology Fund's chairman invited to join a panel discussing the future of UK private equity and venture capital

    David McMeekin, Chairman of the London Technology Fund (LTF) and of The Capital Fund, joined representatives from four other venture capital and private equity funds to discuss the future of UK private equity and venture capital. The panel presented their views and joined a debate with an invited audience at Tanaka Business School.

  • 7th February 2008 - The London Technology Fund's chairman invited to join the panel for the Enterprise Europe Network conference in Brussels

    David McMeekin, Chairman of the London Technology Fund (LTF) and of The Capital Fund, was invited to join the panel session at a conference in Brussels to launch the Enterprise Europe Network. David joined representatives of the European Commission, a representative of a chamber of commerce and two entrepreneurs, as panel members asked to give their views and answer questions on the role of the new Enterprise Europe Network 'in the service of dynamic and innovative SMEs'. The conference was attended by over 1,100 participants, with speakers including Gunter Verheugen, Vice-President of the European Commission, and Heinz Zourek, Director-General DG Enterprise and Industry. The Network is designed to offer a one stop shop, by grouping together services which were previously classified separately under either 'regions' or 'innovation'. It comprises some 500 organisations, including chambers of commerce, regional development agencies and university technology centres, with some 4,000 professionals across the EU27 and a number of other countries. The member organisations provide a range of services to help and advise SMEs, including supplying information on, and help in accessing, EU programmes and funding opportunities. They can also assist companies in identifying potential commercial partners, especially in other countries. For further information see http://www.enterprise-europe-network.ec.europa.eu/events_en.htm

  • 17th January 2008 - The London Technology Fund's chairman invited to lecture about access to finance at the London Metropolitan Accelerator

    David McMeekin, Chairman of the London Technology Fund (LTF) and of The Capital Fund, was invited to give a seminar about access to finance to SMEs at the London Metropolitan University's Accelerator. The London Metropolitan Accelerator is a specialist business incubator in Shoreditch, which provides flexible office premises and specialised and sector-specific business development programmes for innovative, high value growth businesses in information and communication technology, interactive media, e-learning and design. For further information see www.londonmet.ac.uk/business-development/accelerator/

  • 3rd December 2007 - The London Technology Fund participates in the Finance for Growth series of events with the ICAEW in Barnet

    David McMeekin, Chairman of the London Technology Fund (LTF) and of The Capital Fund, was the speaker about venture capital funding at the sixth in a series of events, Finance for Growth - Money is Not Enough. The event focused on the importance of a holistic approach to finance and advice for early stage companies, with David talking about funding from the perspective of a venture capitalist and outlining the different types of funding available for early stage companies. In particular he outlined the investment criteria of three London-specific funds: The Capital Fund, the Creative Capital Fund and the London Technology Fund. The event was held at the Cumberland Hotel in Harrow and followed the fifth event in the series, which was held at the Finchley Golf Club in Barnet in October. Further events in the series are being planned to take place around London. The next event will be held at the County Hotel, Woodford Green on 10 March. The event was organised by the London Society of Chartered Accountants (LCSA), one of 22 district societies affiliated to the ICAEW. The LCSA has a membership of over 30,000, representing around a third of all Chartered Accountants.

  • 24th October 2007 - The London Technology Fund's chairman invited to lecture about venture capital to MBA students at Tanaka Business School

    The London Technology Fund’s (LTF’s) chairman was invited to give a lecture to MBA students at Tanaka Business School, Imperial College. The lecture, ‘Access to Finance – Perspective of a Venture Capitalist’, covered a wide range of topics relevant to technology entrepreneurs. Over a two and a half hour session, it provided the opportunity for Q&A about venture capital for start-ups and the role of the London Technology Fund in funding technology companies in London.

  • 24th October 2007 - The London Technology Fund's chairman invited to lecture about venture capital to MBA students at Tanaka Business School

    The London Technology Fund’s (LTF’s) chairman was invited to give a lecture to MBA students at Tanaka Business School, Imperial College. The lecture, ‘Access to Finance – Perspective of a Venture Capitalist’, covered a wide range of topics relevant to technology entrepreneurs. Over a two and a half hour session, it provided the opportunity for Q&A about venture capital for start-ups and the role of the London Technology Fund in funding technology companies in London.

  • 22nd October 2007 - The London Technology Fund's chairman invited to lecture about venture capital to the ICAEW's Corporate Finance Faculty

    The London Technology Fund’s (LTF’s) chairman was invited to give the opening lecture at the Corporate Finance for SMEs event for the Corporate Finance Faculty Forum of the Institute of Chartered Accountants in England & Wales (ICAEW). The Corporate Finance Faculty was established by the ICAEW for professionals involved in corporate finance. It has more than 6,000 members, ranging across accounting and professional services firms, companies, banks, private equity houses, brokers and law firms. The lecture, ‘Corporate Finance for SMEs - the Funding Ladder’, covered a wide range of topics relevant to entrepreneurs in London seeking funding as well as case studies from the London Technology Fund's investments. For further information about the Corporate Finance Faculty of the ICAEW, see www.icaew.com/index.cfm?route=136248

  • 22nd October 2007 - The London Technology Fund congratulates Acrobot

    LTF is delighted to announce that Acrobot, a company focusing on computer-assisted surgery, was named as one of the 24 winners of the 2007 English Tech Tour. Acrobot was selected from a pool of nearly 300 as one of the most promising high growth, early- and expansion-stage technology companies in England. The winners were selected on the basis of detailed reviews by ETT's English selection committee comprising leading UK venture capital firms who assessed the candidates on the uniqueness of their technology, the strength of their business model, vision, capability to execute on the business plan and the quality of their management team and track record. LTF co-led a syndicate investing £2.6m in Acrobot in July 2007 and is delighted to congratulate the management team on the selection of Acrobot by the judges of the English Tech Tour. This news follows Acrobot's announcement in September of a collaboration with Stanmore Implants Worldwide Ltd to develop computer assisted surgical techniques to facilitate the implantation of Stanmore's high-value patient matched prostheses. Stanmore specialises in limb salvage, bone tumour implants and specialised joint replacments. For further information, see www.acrobot.co.uk

  • 22nd October 2007 - The London Technology Fund's first portfolio company features in the Sunday Times

    LTF's first portfolio company, deltaDOT, whose products make use of a novel biomolecule detection technique, featured in the Sunday Times as part of a focus on 'Enterprising Britain'. The article was based on an interview with the CEO, Dr Anthony Baxter, and the two founding scientists, Doctors John and Stuart Hassard. Dr Baxter made the point that London has become a hub for science-based businesses, which benefit fom the highly skilled scientists based in London. LTF was a key investor in deltaDOT as part of a £6m funding round in March 2006. deltaDOT recently announced that it is playing a key role in a US Defense Advanced Research Projects Agency (DARPA) funded project. For further information, see www.deltadot.com

  • 15th October 2007 - The London Technology Fund makes its first exit

    LTF today announced it has completed a partial exit from its investment in Dynamic IT Management Services Ltd, a company which has developed specialist software for the foreign exchange market. LTF has achieved an IRR of over 20%, with the potential for an additional return subject to the development of the company.

  • 8th October 2007 - The London Technology Fund participates in the Finance for Growth series of events with the ICAEW in Barnet

    David McMeekin, Chairman of the London Technology Fund (LTF) and of The Capital Fund, was the speaker about venture capital funding at the fifth in a series of events, Finance for Growth - Money is Not Enough. The event focused on the importance of a holistic approach to finance and advice for early stage companies, with David talking about funding from the perspective of a venture capitalist and outlining the different types of funding available for early stage companies. In particular he outlined the investment criteria of three London-specific funds: The Capital Fund, the Creative Capital Fund and the London Technology Fund. The event was held at the Finchley Golf Club in Barnet and followed the fourth event in the series, which was held in Kingston-upon-Thames in June. Further events in the series are being planned to take place around London over the next 18 months. The next event will be held at the Cumberland Hotel, Harrow on 3 December. The event was organised by the London Society of Chartered Accountants (LCSA), one of 22 district societies affiliated to the ICAEW. The LCSA has a membership of over 30,000, representing around a third of all Chartered Accountants.

  • 3rd October 2007 – The London Technology Fund welcomes three healthcare specialists to its Technical Advisory Board

    LTF is delighted to welcome Peter Gibson, Professor Sandy Primrose and Laurie Rostron to its Technical Advisory Board. Peter Gibson founded Corin Medical in 1985 and led the flotation of Corin Group in 2002. He has substantial experience in the medical device sector and a particular interest in medical technology start-ups. Professor Sandy Primrose is a non-executive director of the Health Protection Agency, a senior partner of a biotechnology and healthcare consultancy practice, a non-executive director of a number of biotechnology companies and was previously on the board of the Microbiological Research Authority. Laurie Rostron has extensive experience in the healthcare industry as an investor in start-up and early stage companies, as an adviser to venture capital funds, as a non-executive director and chairman and as an industrialist. He was previously a partner in funds managed by Alta Berkeley Associates Ltd and during his 13 years with Alta Berkeley he specialised in the healthcare industry in the Nordic region. He joined Alta Berkeley Associates in 1985 following a 25 year career in the healthcare industry.

  • 27th September 2007 – The London Technology Fund’s chairman invited to lecture about venture capital and the LTF at the Thames Innovation Centre in Bexley

    The London Technology Fund’s (LTF’s) chairman was invited to give a lecture at the Thames Innovation Centre. The lecture covered a wide range of topics relevant to technology entrepreneurs and provided the opportunity for Q&A about venture capital for start-ups and the role of the London Technology Fund in funding technology companies in London. The Thames Innovation Centre (TIC) offers office and workshop space from 20 sq m (215 sq ft) to 150 sq m (1,701 sq ft), on easy in, easy out terms, as well as hotdesk facilities and meeting and conference rooms. TIC is a knowledge partnership between Bexley Council, the London Development Agency (LDA), Woolwich and North Bexley Partnership, EU (ERDF Objective 2) and National Government (CLG).

  • 27th July 2007 - The London Technology Fund announces investment in surgical robotics company, Acrobot

    The London Technology Fund (LTF), London’s specialist investor in new technology companies, today announced it has completed an investment in Acrobot, a company focusing on computer assistance for orthopaedic surgery. LTF is part of a syndicate investing up to £2.6m. The syndicate includes PUK Ventures and Imperial Innovations Group plc and was co-led by LTF and PUK Ventures. Following the investment an experienced finance director will be appointed and the company will move to new premises.

  • 16th July 2007 – The London Technology Fund announces investment in flu vaccine specialist, Immune Targeting Systems

    The London Technology Fund (LTF), London’s specialist investor in new technology companies, today announced it has completed an investment in Immune Targeting Systems (ITS) Limited, a company which is developing vaccines for mutating viruses. This is ITS’s first significant round of funding and LTF is the only UK investor in an international syndicate which is investing up to £3.5m. The syndicate includes Novartis Venture Fund (Switzerland), HealthCap (Sweden) and Truffle Capital (France). The London Development Agency will also be contributing an Exceptional Development Project award of £500,000 under the Grant for Research and Development scheme. As a result of the investment the company has been able to recruit its core team of development scientists and will move into dedicated facilities at the London BioScience Innovation Centre.

  • 21st June 2007 – The London Technology Fund’s chairman invited to lecture about venture capital to MBA students at Tanaka Business School

    The London Technology Fund’s (LTF’s) chairman was invited to give a lecture to MBA students at Tanaka Business School, Imperial College. The lecture, ‘Access to Finance – Perspective of a Venture Capitalist’, covered a wide range of topics relevant to technology entrepreneurs. Over a two and a half hour session, it provided the opportunity for Q&A about venture capital for start-ups and the role of the London Technology Fund in funding technology companies in London. The next such lecture will be on 24 October 2007.

  • 18th June 2007 – The London Technology Fund participates in the Finance for Growth series of events with the ICAEW in Kingston-upon-Thames

    David McMeekin, Chairman of the London Technology Fund (LTF) and of The Capital Fund, was the speaker about venture capital funding at the fourth in a series of events, Finance for Growth - Money is Not Enough. The event focused on the importance of a holistic approach to finance and advice for early stage companies, with David talking about funding from the perspective of a venture capitalist and outlining the different types of funding available for early stage companies. In particular he outlined the investment criteria of three London-specific funds: The Capital Fund, the Creative Capital Fund and the London Technology Fund. The event was held in Kingston-upon-Thames and followed the third event in the series, which was held at the headquarters of Barclays Bank in Canary Wharf in February. Further events in the series are being planned to take place around London over the next 18 months. The next events will be held at the Finchley Golf Club, Barnet on 8 October 2007, followed by the Cumberland Hotel, Harrow on 3 December. The event was organised by the London Society of Chartered Accountants (LCSA), one of 22 district societies affiliated to the ICAEW. The LCSA has a membership of over 30,000, representing around a third of all Chartered Accountants.

  • 5th June 2007 – The London Technology Fund holds its Summer Reception

    The London Technology Fund’s (LTF’s) Summer Reception was held at the City of London Club on 5 June 2007. It was attended by over 100 professional advisers, investors, entrepreneurs and other relevant parties interested in start-up and early stage technology investments in London.

  • 5th June 2007 – The London Technology Fund welcomes Nick Kingsbury to its Technical Advisory Board

    Nick Kingsbury has joined the London Technology Fund’s (LTF’s) Technical Advisory Board. Nick has extensive experience in the global software industry, both as a venture capitalist and successful technology entrepreneur. He was at 3i from 1999 to 2007, where his role involved setting the strategy for investment in software and where he was a key member of the team reviewing all software investments globally. He also worked closely with the major IT corporates to ensure that 3i understood their strategies, and made introductions at very senior levels for 3i's portfolio companies. Prior to joining 3i, Nick founded and ran a systems integration company and software house for over 10 years. He sold the business to a software company and helped take the company to an IPO on the London Stock Exchange.

  • 10th May 2007 – The London Technology Fund’s chairman speaks about seed funding at an international conference in Slovenia

    David McMeekin, Chairman of the London Technology Fund (LTF) and of The Capital Fund, was the speaker about seed finance in London at an international conference in Ljubljana in on 10 May 2007. The conference included presentations by representatives from the European Commission and the European Investment Fund, as well as representatives of seed funds in Germany and Italy. The conference was part-financed by the European Union and focused on seed funding and innovation.

  • 27th March 2007 - The London Technology Fund (LTF) holds its Spring presentations and networking event

    LTF's Spring presentations and networking event was held at the RSA on 27th March. It was attended by some 80 professional advisers, investors and other relevant parties. The evening included a presentation by the fund's chairman, David McMeekin, explaining how the fund operates and providing a short overview of recent investments. This was followed by a presentation by Jani Peltonen and Jim Beagle, founder and CEO respectively of one of the fund's investee companies, the specialist developer of a new 3G video content delivery platform, Intellistream. The final presentation was by Janet Ashworth of RBS, who explained the different forms of finance available for SMEs from banks. LTF holds these particular events at the RSA regularly.

  • 27th February 2007 – The London Technology Fund participates in the Finance for Growth series of events with the ICAEW in Canary Wharf

    David McMeekin, Chairman of the London Technology Fund (LTF) and of The Capital Fund, was the speaker about venture capital funding at the third in a series of events, Finance for Growth - Money is not enough. The event focused on the importance of a holistic approach to finance and advice for early stage companies, with David talking about funding from the perspective of a venture capitalist and outlining the different types of funding available for early stage companies. In particular he outlined the investment criteria of three London-specific funds: The Capital Fund, the Creative Capital Fund and the London Technology Fund. The event was held at the headquarters of Barclays Bank in CanaryWharf and followed the second event in the series, which was held in Bromley in December. Further events in the series are being planned to take place around London over the next 18 months. The next event will be held on Monday, 18 June in Kingston-upon-Thames. The event was organised by the London Society of Chartered Accountants (LCSA), one of 22 district societies affiliated to the ICAEW. The LCSA has a membership of over 30,000, representing around a third of all Chartered Accountants.

  • 17th January 2007 - The London Technology Fund announces investment in server appliance specialist

    ApplianSys, which designs and builds server appliances, has attracted funding of £620,000. London Technology Fund (LTF), London's specialist investor in new technology companies, invested as part of a syndicate which included The Capital Fund and business angels. Following the investment an experienced finance director will be appointed.

  • 4th December 2006 - Finance for Growth with the ICAEW in Bromley

    David McMeekin, Chairman of the London Technology Fund and of The Capital Fund, was the speaker about venture capital funding at the second in a series of events, Finance for Growth - Money is not enough. The event focused on the importance of a holistic approach to finance and advice for early stage companies, with David talking about funding from the perspective of a venture capitalist and outlining the different types of funding available for early stage companies. In particular he outlined the investment criteria of three London-specific funds: The Capital Fund, the Creative Capital Fund and the London Technology Fund. The event was held in Bromley and followed the first event in the series, which was held in Croydon in September. Further events in the series are being planned to take place around London over the next 18 months. The next event will be held on Tuesday, 27 February at the headquarters of Barclays Bank in Canary Wharf. The event was organised by the London Society of Chartered Accountants (LCSA), one of 22 district societies affiliated to the ICAEW. The LCSA has a membership of over 30,000, representing around a third of all Chartered Accountants.

  • 30th November 2006 - The London Technology Fund announces investment in the developer of a new 3G video content delivery platform

    Intellistream, the developer of a new turnkey solution for 3G video content aggregators, has attracted funding of £355,000. London Technology Fund (LTF), London's specialist investor in new technology companies, led the round, which also included investment from management and business angels. Following the investment an experienced software executive will become Chief Executive and a new finance director will join the board.

  • 31st October 2006 - The London Technology Fund (LTF) holds its Autumn presentations and networking event

    LTF's Autumn presentations and networking event was held at the RSA on 31st October. It was attended by some 60 professional advisers, investors and other relevant parties. The evening included a presentation by the fund's chairman, David McMeekin, explaining how the fund operates and providing a short overview of the investment pipeline. This was followed by a presentation by Nick Dyne, CEO of one of the fund's investee companies, the specialist financial services software company DynamicIT. The final presentation was by Jane Claridge of the London Development Agency, who explained the different grants available from the LDA for London-based companies (see www.london-innovation.org.uk). LTF holds these particular events at the RSA twice yearly in the Spring and Autumn. The next will be the Spring event to be held in March 2007.

  • 27th September 2006 - Finance for Growth with the ICAEW in Croydon

    David McMeekin, Chairman of the London Technology Fund and of The Capital Fund, was the speaker about venture capital funding at the first of a series of events, Finance for Growth - Money is not enough. The event focused on the importance of a holistic approach to finance and advice for early stage companies, with David talking about funding from the perspective of a venture capitalist and outlining the different types of funding available for early stage companies. In particular he outlined the investment criteria of three London-specific funds: The Capital Fund, the Creative Capital Fund and the London Technology Fund. The event was held in Croydon and other events are being planned to take place around London over the next 12 months. The next event will be held on 4 December in Bromley. The event was organised by the London Society of Chartered Accountants (LSCA), one of 22 district societies affiliated to the ICAEW. The LSCA has a membership of over 30,000, representing around a third of all Chartered Accountants.

  • 21st September 2006 – The London Technology Fund announces investment in specialist financial services software company

    Dynamic IT Management Services, a supplier of specialist software for the foreign exchange market, has attracted funding of £900,000. London Technology Fund (LTF), London’s specialist investor in new technology companies, led the round, which also included investment from management and business angels. Following the investment John Jessop will become Executive Chairman and a new finance director will join the board.

  • 12-13th June 2006 - BBAA's 2nd Annual Conference

    David McMeekin, Chairman of the London Technology Fund, was the Scene Setting Speaker for the Specialist Early Stage Investing session at this two-day British Business Angels Association conference.

  • 12th June 2006 - LTF and the Institute of Physics event: Successful SMEs, spin-outs and start-ups: Technology management for small businesses

    David McMeekin, Chairman of the London Technology Fund, was a speaker at the Institute of Physics event for SMEs, spin-outs and start-ups. Following his presentation at the Institute in November, at this June event he provided an update on funding as part of the Update on finance, Technology Funds and Enterprise Capital Funds session of the event. Dr John Hassard, founder and CTO of the Imperial College spin-out deltaDOT, an LTF investee company, provided a case study for the event.

  • 20th April 2006 - The London Technology Fund participates in the InvestorNet ICT RoundTable at Cass Business School

    The London Technology Fund, the specialist investor in new technology companies in London, was delighted to help arrange and co-host with Cass Business School the InvestorNet ICT RoundTable event in London. The day included discussions on potential collaboration and investment opportunities with Cisco, Intel Capital and Microsoft, and presentations by specialist technology investors. It took place at Cass Business School in London. InvestorNet is a pan-European network of early stage technology venture capital investors. It is part of the European Commission's Gate2Growth Initiative, which is supported by the European Commission under its Innovation/SMEs programme.

  • 11th April 2006 - Sources of Finance for SMEs at the Institute of Directors, City Branch

    David McMeekin, Chairman of the London Technology Fund and of The Capital Fund, was delighted to accept an invitation to talk about these funds at a meeting of the City Branch of the Institute of Directors. The focus of the meeting was Sources of Finance for SMEs and talks were given by David and representatives of Clydesdale Bank. For further information about this branch of the IoD, email Mei Sim Lai or see www.iod.com.

  • 29th March 2006 - The London Technology Fund announces investment in Imperial spin-out deltaDOT

    The fund's first investment is part of an important funding round for Imperial College spin-out, deltaDOT. deltaDOT is a developer of biotools to enhance productivity in pharmaceutical and biotechnology research.

  • 28th March 2006 - The London Technology Fund (LTF) holds the first of its twice yearly presentations and networking events

    The LTF's first event since its launch in June was held at the RSA on 28 March. It was attended by over 60 professional advisers, investors and other relevant parties. The evening included a presentation by the fund's chairman, David McMeekin, explaining how the fund operates and providing a short overview of the investment pipeline. This was followed by a presentation by Dr Tony Baxter, CEO of the fund's first investee company, the Imperial College spin-out deltaDOT (www.deltadot.com). The final presentation was by Catriona Massey of the British Library Business & IP Centre. The British Library has established this centre, with the support of the London Development Agency, as an innovation hub for business development. It offers access to information and advice, including business planning and IP workshops and free access to market research reports. It is based at the British Library in Euston Road, NW1. For more information see www.bl.uk/bipc. The next of these twice yearly events will be held in October.

  • 21st November 2005 - Finance for technology-based small companies

    David McMeekin, Chairman of the London Technology Fund, was the introductory speaker at the Institute of Physics' event: Successful SMEs, spin-outs and start-ups series: Finance for technology-based small companies.

  • 14-15th September 2005 - LTF participation in the 1st IEE International Conference on Commercialising Technology & Innovation

    Dr Tony Diment, Managing Director of the London Technology Fund, was one of three venture capital panel members in the Funding and Commercialisation session of the first IEE (www.iee.org) International Conference on Commercialising Technology and Innovation, a two-day event held at the Institution of Electrical Engineers in Savoy Place.

  • 27th June 2005 - Launch of the London Technology Fund

    The fund was launched by Nicky Gavron, Deputy Mayor of London at the Royal Society.

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