Albion News

The UCL Technology Fund (UCLTF) has announced its participation in the formation of Achilles Therapeutics Ltd today (Wednesday), led by SYNCONA LLP and CANCER RESEARCH TECHNOLOGY (CRT). The new private company will bring together world-class research from UCL (University College London) and the Francis Crick Institute, funded by Cancer Research UK and the National Institute for Health Research (NIHR). Achilles Therapeutics will design therapies to target truncal tumour neo-antigens – unique flags to the immune system present on the surface of every cancer cell*, which were first discovered by... read more
AGR Growth Report 2016
Small businesses are still upbeat about growth in the next two years, skills shortages are now the main barrier to growth and the East Midlands and East Anglia are the most optimistic regions. For the full report please visit the Publications page of the website which is within the 'About Us' box above. If you would like a hard copy of the report please email read more
Edinburgh informatics company Aridhia has been shortlisted for the new Most Innovative Contribution to Business-University Collaboration category at the Times Higher Education Awards. The nomination is based on Aridhia’s partnership with the University of Glasgow’s College of Medical, Veterinary and Life Sciences which has seen the two organisations collaborate on an extensive spectrum of research projects and educational activities. The centrepiece of the collaboration is the development of the £20M Stratified Medicine Scotland Innovation Centre (SMS-IC), Scotland’s national centre for... read more
Albion is delighted to announce that two of its portfolio companies are in Sunday Times Tech Track 100 we offer congratulations to the teams of Grapeshot and Exco InTouch. The Tech Track 100 list ranks private technology, media and telecoms companies based on their growth in sales over the last three years of available data.    read more
Albion has agreed to acquire OLIM Investment Managers (“OLIM”) from Close Brothers Group, subject to regulatory approval. OLIM is a fund manager specialising in UK quoted equities, with around £490 million of assets under management. Its particular strengths are in charities, for which it manages £240 million, and in investment and other trusts (£170 million) and private clients (£80 million). The business was founded in 1986 and has been part of the Close Brothers Group since 2000. Angela Lascelles, the joint founder, will remain Chief Executive of OLIM and the existing investment management... read more
Black Swan Data Limited
  Black Swan Data Ltd, the UK’s leading data science and technology company, today announced that it has closed its Series B funding, raising a total of £6.2 million. The round sees Albion join initial institutional investors Blackstone and Mitsui, to help further accelerate Black Swan’s international growth and expansion of its product platform, ‘The Nest’.  Founded in 2011 by Steve King (CEO) and Hugo Amos (CSO), Black Swan has achieved outstanding growth based on its unique capability of applying big data and predictive data science techniques to consumer marketing.  It works with many of... read more
ALBION ANNOUNCED AS GROWTH INVESTOR AWARDS FINALIST Albion is up against Beringea, Foresight  and YFM Equity Partners for Best VCT Investment Manager Albion has been shortlisted for the Best VCT Investment Manager for the 2016 Growth Investor Awards, which recognise impact beyond investment in the UK SME investment management industry. Going up against Beringea, Foresight and YFM Equity Partners they will compete for the prestigious award, with the winner being revealed at the Growth Investor Awards black tie dinner held on 3 November at the Marriott Grosvenor Square, Mayfair, London. The... read more
Amadeus Capital Partners, the global technology investor, has today announced it has led an investment of $11 million alongside existing venture capitalist investor Albion, in Relayware, a software provider that accelerates channel revenues. The investment will help drive growth in the U.S., the largest and most mature market for the Software as a Service (SaaS) industry, which is forecast to be worth $132 billion globally by 2020. Relayware is a global provider of Partner Relationship Management (PRM) software and services that produce valuable insights to bring organizations closer to their... read more
Albion, one of the largest independent venture capital investors in the UK, has led a £1.65m funding round in the mobile fan engagement and sports marketing company InCrowd Sports (“InCrowd”). Albion are investing alongside Sky and a number of angel investors. The management team is led by Aidan Cooney who previously set up the world’s leading sports data company, Opta, also backed by Albion. He is joined by two former IMG executives and a technology group borne out of the University of Sussex Innovation Centre. InCrowd develops mobile apps for professional sports clubs underpinned by the... read more
Albion, one of the largest independent venture capital investors in the UK is to manage and administer the newly launched UCL Technology Fund, (“the Fund”), which has raised £50 million to commercialise University College London’s (“UCL”) world-class research output. Albion will manage and administer the Fund in partnership with UCL’s technology transfer company UCL Business (“UCLB”), with whom it has a long-standing relationship including co-investment. Albion has worked closely with UCLB to devise an innovative structure for the Fund, which will support high quality research projects with... read more