About Ignite Innovation
Ignite Innovation is a venture capital firm founded in 2013. It is primarily based out of London, United Kingdom. As of Jul 2024, Ignite Innovation has invested in 14 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Life Sciences. Most recently it participated in the $***** Series B round of DreamBigSemi Overall, Ignite Innovation portfolio has seen 1 unicorn, 1 IPO and 4 acquisitions including key companies like Silicon Box, DreamBigSemi and Aviva Links. A lot of funds co-invest with Ignite Innovation, with names like SBVA sharing a substantial percentage of its portfolio. Ignite Innovation has team of 5 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 1 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Ignite Innovation's List of Top Investments
Ignite Innovation has a portfolio of 14 companies, one of which is a Unicorn. Their most notable investmentis in InocrasTheir portfolio spans across United States, South Korea and Singapore. They have invested in High Tech, Enterprise Applications, Life Sciences and 10 other sectors, across stages such as Series A, Series B and 1 more. Here is the list of top investments by Ignite Innovation:
1. Silicon Box
A semiconductor packaging company specializing in chiplet integration and panel-level packaging technology. The company delivers end-to-end semiconductor integration services, from chiplet design consultation through final manufacturing. The company's core differentiator is its proprietary SiPlet panel-level packaging technology with sub-5-micron interconnect density, which enables chiplet integration at panel scale rather than traditional wafer scale.
Key facts about Silicon Box
- Founded Year: 2021
- Location: Singapore (Singapore)
- Annual Revenue: $0 - $1M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $658M
- Employee Count: 221 as on Jul 31, 2026
- Investors: Innoven Capital, Hillhouse and 45 Others
- Latest Funding Round: Conventional Debt, Jun 09, 2026, $*****
- Highlight: Editors' Pick
2. ImpriMed
Provider of precision medicines for veterinary cancer. The company offers different drug combinations suited for a certain cancer pet patient. The company biopsies the live cancer cells for drug responses before treatment. Based on these responses, the company uses its data-driven technology to help veterinary oncologists to fix a personalized medicinal regime for an individual.
Key facts about ImpriMed
- Founded Year: 2017
- Location: Palo Alto (United States)
- Stage: Series A
- Total Funding till date: $34.9M
- Employee Count: 45 as on Jul 31, 2026
- Investors: SK Telecom, StartX and 26 Others
- Latest Funding Round: Series A, Nov 06, 2023, $*****
- Highlight: Editors' Pick
3. Expedera
Provider of AI accelerators. It is based on a compute pipeline architecture and provides hardware scheduling and memory management solutions for neural network executions and AI applications. It has use cases in consumer electronics, automotive, industrial, and mobile applications.
Key facts about Expedera
- Founded Year: 2018
- Location: Santa Clara (United States)
- Stage: Series B
- Total Funding till date: $38M
- Employee Count: 47 as on Jul 31, 2026
- Investors: Ignite Innovation, Indie Semiconductor and 2 Others
- Latest Funding Round: Series B, Mar 20, 2024, $*****
- Highlight: Editors' Pick
4. Inocras
AI-driven platform provides whole genome insights for cancer and rare diseases. It has developed an IP-protected technology and proprietary whole genome insight platform to improve patient diagnosis and treatment by unlocking the full potential of genomic data.
Key facts about Inocras
- Founded Year: 2020
- Location: San Diego (United States)
- Stage: Series B
- Total Funding till date: $100M
- Employee Count: 84 as on Jun 30, 2025
- Investors: Samsung Venture Investment, DT&Investment and 19 Others
- Latest Funding Round: Series B, Aug 03, 2026, $*****
- Highlight: Editors' Pick
5. DreamBigSemi
Key facts about DreamBigSemi
- Founded Year: 2019
- Location: San Jose (United States)
- Stage: Acquired
- Total Funding till date: $75M
- Employee Count: 125 as on Jul 31, 2026
- Investors: Samsung Catalyst Fund, Samsung Venture Investment and 9 Others
- Latest Funding Round: Series B, Jul 16, 2024, $*****
- Highlight: Acquired
Ignite Innovation's Year-on-Year Investment Trends
Ignite Innovation has invested in 14 companies over the last 3 years, with an average of 1 new investment annually in the last 3 years. Its most recent first time investment was in DreamBigSemi.Ignite Innovation's Investments by Stage
Ignite Innovation has made 2 investments in Series A stage with an average round size of $21.6M, 2 investments in Series B stage with an average round size of $49M and 1 investment in Seed stage with an average round size of $7M.Stage of entry | No. of Investments |
|---|---|
Series A | 2 |
Series B | 2 |
Seed | 1 |
Note: We have considered here, only first round of investments
Ignite Innovation's Investments by Sector
Ignite Innovation has a diverse portfolio, with companies operating in the Enterprise Applications, HealthTech, Aerospace, Maritime and Defense Tech, Consumer and High Tech. Notably, it has invested in 11 Tech companies, 9 Enterprise (B2B) companies, 6 Software companies and at least 2 companies focusing on AI-Native.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
HealthTech | 2 |
Aerospace, Maritime and Defense Tech | 1 |
Consumer | 1 |
High Tech | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Ignite Innovation's Investments by Geography
Ignite Innovation has made most investments in United States (5), followed by South Korea where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 5 |
South Korea | 1 |
Note: We have considered here, only first round of investments
Ignite Innovation's recent investments
Ignite Innovation has not made any investment in 2026 so far.Here are the most recent investments by Ignite Innovation:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 16, 2024 | United States | Series B | 2155 | ||
Nov 06, 2023 | United States | Series A | 1017 | [+6] | |
Nov 01, 2023 | United States | Series B | 4514 | ||
Jun 29, 2023 | United States | Series A | 1993 | [+2] | |
Feb 28, 2023 | United States | Seed | 1998 |
Unicorns in Ignite Innovation's Portfolio
Ignite Innovation has 1 unicorn in its portfolio - Silicon Box. The most recent unicorn in their portfolio is Silicon Box which became a unicorn in 2024, 2 years before Ignite Innovation first invested in it.Here is a list of unicorns in Ignite Innovation's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
68 | A semiconductor packaging company specializing in chiplet integration and panel-level packaging technology | 2021 | Singapore | Series B | {xrflrw |
IPOs and Publicly Listed companies in Ignite Innovation's Portfolio
1 of Ignite Innovation's portfolio company became public - Ecopro. It got listed on the Korea Exchange (KRX), in Jul 2007.Here are Ignite Innovation's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 20, 2007 | - | - | 4018 |
Acquired companies in Ignite Innovation's Portfolio
4 companies from Ignite Innovation's portfolio have been acquired. The most recent acquisition was DreamBigSemi in Oct 2025 by Arm for $*****.Here are Ignite Innovation's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 01, 2025 | Jul 16, 2024 | Series B | 9305 | |
Jul 04, 2025 | - | - | 1377 | |
Dec 17, 2024 | - | - | 1710 | |
Jan 22, 2024 | - | - | 9216 |
Team profile of Ignite Innovation
Ignite Innovation has a team of 5 members including 4 Partners and 1 Principal located in South Korea, United Kingdom and 1 more location. Ignite Innovation's team does not sit on the board of any company as of now.Here is a list of all team members in Ignite Innovation:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Menlo Park | - | ||
Partner | Seoul | - | - | |
Partner | Lambeth | - | ||
Partner | Seoul | - | - | |
Principal | Seoul | - |
Co-investors of Ignite Innovation
Over the past 3 years, 52 investors have co-invested in Ignite Innovation's portfolio companies. This includes funds and angels.
- Invested before Ignite Innovation: BonAngels Venture Partners, HGI and 12 others have invested in rounds before Ignite Innovation. There are 2 companies where BonAngels Venture Partners has invested before Ignite Innovation and 1 company where HGI has invested before Ignite Innovation.
- Top Co-investors of Ignite Innovation: 28 investors entered a company along with Ignite Innovation. These include investors like SBVA (2 companies).
- Invested after Ignite Innovation: A total of 10 investors have invested in Ignite Innovation's portfolio after their investments. Top Investors include Big Move Ventures (1 company), IMM Investment (1 company) and Korea Investment Holdings (1 company).
Recent News related to Ignite Innovation
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DreamBig Scores $75 Million Roundsvdaily.com•Jul 23, 2024•DreamBigSemi, Samsung Catalyst Fund, Samsung, Event Horizon Capital and 3 others
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DreamBig Raises $75M in Series B FundingFinSMEs•Jul 16, 2024•DreamBigSemi, Samsung Catalyst Fund, Samsung, Hanwha and 7 others
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Aniai closes $12M in fundingFast Casual•Jan 24, 2024•Aniai, InterVest, SV INVESTMENT, Ignite Innovation and 3 others
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Enai attracts investment of KRW 15.7 billion...'Hamburger cooking robot production plant' begins operationBloter•Jan 24, 2024•Capstone Partners, Lotte Ventures, Eni Next, InterVest and 2 others
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Italy plans to sell Eni € 2 billion to reduce public debtFusoes & Aquisicoes•Jan 19, 2024•Eni Next, InterVest, SV INVESTMENT, Ignite Innovation and 1 other
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ImpriMed: Precision Medicine Company Secures $23 Million To Improve Cancer TreatmentPulse 2.0•Dec 21, 2023•ImpriMed, BBVA, HRZ, SK Telecom and 7 others
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SoftBank Ventures invests in ‘Imprimed’Venture Square•Nov 22, 2023•SoftBank Ventures Asia, ImpriMed, SK Telecom, Korean Development Bank and 5 others
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Genome Insight: Precision Healthcare Solutions Company Raises $23 MillionPulse 2.0•Nov 13, 2023•Inocras, Samsung Venture Investment, Asan Foundation, SCL GROUP and 1 other
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Genome Insight Raises $23M in Series B-2 FundingFinSMEs•Nov 01, 2023•Inocras, Samsung Venture Investment, SCL GROUP, Ignite Innovation and 2 others
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B Garage raises $20M for its warehouse inventory dronesTechCrunch+•Jun 29, 2023•B GARAGE, Ignite Innovation, Krossroad, SoftBank Ventures Asia
