Loading people...
Lucius Cary is the Managing Director of Oxford Technology Management and a Fund Manager for Oxford Technology 2 VCT, based in Oxford, UK. He began his career in 1971 as an adviser to the Agricultural Division chairman at Hanson Trust before founding his own firm in 1972. Since pivoting to venture capital in 1983, Cary has directed over 200 investments in early-stage science and technology startups. His portfolio management includes the £30 million Oxford Technology Enterprise Capital Fund launched in 2008 and an ongoing £4.6 million SEIS and EIS fund that has backed 31 companies since 2012. Additionally, he serves as an Entrepreneur in Residence at Oxford's Saïd Business School, where he advises students on new ventures. Cary focuses on providing seed capital to deep science and technology enterprises emerging from the Oxford innovation ecosystem.
Lucius Cary stands as a pivotal figure in the UK's early-stage technology investment landscape, renowned as the founder and Managing Director of Oxford Technology Management (OTM). Established in 1983, OTM, under Cary's leadership, has consistently championed innovative science and technology businesses, primarily within the vibrant Oxford ecosystem and across the broader United Kingdom. His strategic vision has positioned OTM as a crucial source of capital and expertise for nascent companies with high growth potential.
At Oxford Technology Management, Lucius Cary's role extends beyond mere capital provision. He is deeply involved in identifying promising ventures, conducting thorough due diligence, and providing strategic guidance to portfolio companies. OTM's investment focus is sharply defined, targeting early-stage, high-tech businesses often emerging from academic research institutions like Oxford University. Key sectors of interest include biotechnology, medical technology, advanced materials, software, engineering, and clean technology. Cary and his team seek out companies with disruptive technologies, strong intellectual property, and scalable business models that address significant market needs.
Lucius Cary's career background is rooted in a profound understanding of technology commercialization and venture capital. His decades of experience have made him an astute evaluator of risk and opportunity in the complex world of early-stage investing. He has played an instrumental role in fostering the entrepreneurial spirit in Oxford, helping to bridge the gap between groundbreaking scientific discovery and successful commercial application. His long tenure in the industry speaks to his enduring commitment and expertise in nurturing startups from concept to market readiness.
While specific individual investments are often attributed to the funds managed by OTM, Lucius Cary's influence is evident across the firm's diverse portfolio. OTM has a track record of backing companies that have gone on to achieve significant milestones, contributing to economic growth and technological advancement. These investments typically involve seed or Series A funding rounds, providing the critical early capital needed for product development, market entry, and team expansion. Lucius Cary's dedication to supporting founders and driving innovation continues to shape the future of the UK's technology sector.
Lucius Cary is the founder and Managing Director of Oxford Technology Management, a UK-based early-stage venture capital firm.
Lucius Cary invests in early-stage science and technology companies, including sectors like biotechnology, software, advanced materials, and engineering.
Lucius Cary works at Oxford Technology Management, an early-stage venture capital firm based in Oxford, UK.