IP Group helps to create, build and support IP-based companies internationally. It focuses on companies that meaningfully contribute to regenerative (renewable), healthier (life sciences) and tech-enriched (deep tech) futures. The group has investment platforms in Australia, New Zealand, the United States, China and the UK.

Activity in the European venture capital (VC) sector remains subdued, with Q223 deal volumes down to €12.3bn from €30.5bn in Q222 (VC exit volumes fell to €0.9bn vs €15.0bn in Q222), according to PitchBook. Nevertheless, IP Group’s portfolio companies were able to raise £300m in H123 (vs £350m in H122), with 72% and 14% of the 14 new funding rounds being up rounds and flat rounds, respectively (broadly in line with the 72% and 10% for European venture capital rounds in Q123 according to PitchBook, respectively).