Innovation Investment Capital

Innovation Investment Capital is a £50 million equity fund based in the Cardiff Capital Region, Southeast Wales, investing in high-growth, technology-focused scale-up businesses. The fund provides individual investments of £2 million to £7 million, acquiring minimum 10% minority equity stakes in post-revenue companies with strong management teams and proven founder investment. It targets businesses committed to expanding or relocating within the region, focusing on priority sectors including compound semiconductors, medtech, fintech, and cyber. Structured as an Alternative Investment Fund, it was created by the Cardiff Capital Region, powered by PwC, and is managed by Capricorn Fund Managers. The ten-year program emphasizes sustainable practices and good governance, targeting attractive equity returns and inclusive prosperity. Reported scale details include £50 million fund, individual investments £2m-£7m.