IP Group PLC, a prominent investor in science and innovation companies, has witnessed significant developments across its diverse portfolio. Genomics plc, a Life Sciences portfolio company, successfully raised 35m for advanced genetic testing. The company's CEO, Sir Peter Donnelly, highlighted the significance of their tests, which utilize a cheaper and easier form of genetic sequencing called genotyping, to identify individuals at high risk who may be overlooked by the current system.

C-Capture, another portfolio company, appointed Warren East, former CEO of Rolls-Royce and ARM, as Chair. The company also featured in a series of films created by The Royal Society with Professor Brian Cox. Additionally, Dr. Lee Thornton shared insights on the trends defining the Deeptech industry in 2024, emphasizing the growth in quantum, AI, and machine learning sectors.

Parkwalk, a part of IP Group, had a busy year in 2023, investing in 28 funding rounds and completing 6 exits. The company also won the Best EIS Investment Manager at the Growth Investor Awards. Looking ahead, Parkwalk is optimistic about the prospects for UK university spin-outs, Deep-Tech, and Life Sciences in 2024.

In Australia, AMSL Aero, an IP Group portfolio company, secured the first civil order for its revolutionary Vertiia aircraft. The aircraft, designed to be powered by green hydrogen, is set to transform passenger and cargo transit and emergency response. Oxa, a portfolio company within the cleantech platform Kiko Ventures, showcased its cutting-edge technology on BBC News, demonstrating its expertise in explainable AI and future mobility.

IP Group also celebrated successes across its portfolio, including developments for companies like Istesso, Garrison, and Hysata. The company continues to back some of the world's most exciting businesses in deeptech, life sciences, and cleantech. Notable achievements from various portfolio companies include collaborations, series B financing, technological advancements, and regulatory approvals.

The comprehensive summary showcases IP Group PLC's active involvement in fostering innovation and supporting groundbreaking advancements across diverse sectors, reflecting its commitment to driving positive change and progress in the industry.