About IP Group
IP Group is a venture capital firm founded in 2001. It is primarily based out of London, United Kingdom. As of Jul 2026, IP Group is an active investor, having invested in 178 companies, with 6 new investments in the last 12 months. It primarily invests in Seed round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Life Sciences to Enterprise Applications and High Tech. Most recently it participated in the $***** Seed round of Mach42 Overall, IP Group portfolio has seen 1 unicorn, 18 IPOs and 29 acquisitions including key companies like Hinge Health, Nanopore Technologies and Teya. A lot of funds co-invest with IP Group, with names like Parkwalk sharing a substantial percentage of its portfolio. IP Group has team of 26 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 5 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
IP Group's List of Top Investments
IP Group has a portfolio of 178 companies, one of which is a Unicorn. Their most notable investments are in Mission Therapeutics and IBEX Innovations.Their portfolio spans across United Kingdom, United States, Australia and 7 more locations. They have invested in Life Sciences, Enterprise Applications, High Tech and 31 other sectors, across stages such as Seed, Series A and 5 more. Here is the list of top investments by IP Group:
1. Hinge Health
Provider of virtual physical therapy and digital pain care solutions. It offers personalized care combining expert clinical care and advanced technology. The platform includes exercise demonstrations, personalized goal setting, and communication with a care team. A women's pelvic health program is also available, addressing various needs throughout a woman's life. The company aims to improve mobility, aid injury recovery, and prepare patients for surgery.
Key facts about Hinge Health
- Founded Year: 2015
- Location: San Francisco (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $854M
- Employee Count: 1,701 as on Jul 31, 2026
- Investors: Vitruvian Partners, TCV and 14 Others
- Latest Funding Round: Series E, Oct 22, 2021, $*****
- Highlight: Public
Manufacturer of portable and benchtop devices for real-time DNA sequencing. These instruments utilize nanopore sensing technology to analyze native DNA and RNA molecules. The hardware supports various workflows, including library preparation and data analysis through integrated software tools. Applications include genomic research, microbial identification, and transcriptomics. The technology enables the detection of genetic variations and structural changes in biological samples.
Key facts about Nanopore Technologies
- Founded Year: 2005
- Location: Oxford (United Kingdom)
- Annual Revenue: £100M - £500M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $1.34B
- Employee Count: 1,365 as on Jul 31, 2026
- Investors: Gershon Capital, Baillie Gifford and 93 Others
- Latest Funding Round: Post IPO, Aug 01, 2024, $*****
- Highlight: Public
3. Teya
Provider of card payment terminals and integrated business financial software. These systems facilitate transaction processing for merchants through physical hardware and digital payment links. The platform includes tools for tracking sales, managing expenses, and monitoring cash flow. Additional features include funding options for businesses and integration with existing management software. The system supports various payment methods and provides tools for splitting bills and calculating transaction amounts.
Key facts about Teya
- Founded Year: 2019
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $845M
- Employee Count: 1,184 as on Jul 31, 2026
- Investors: Glynn Capital, Accel and 13 Others
- Latest Funding Round: Series C, Nov 23, 2021, $*****
- Highlight: Editors' Pick
4. Oxa
Developer of autonomous software and hardware for industrial vehicle fleets. This technology enables self-driving capabilities for various industrial vehicles through modular hardware systems. The software integrates with fleet management tools to coordinate vehicle operations and logistics. These systems facilitate automated movement within industrial environments to improve operational efficiency.
Key facts about Oxa
- Founded Year: 2014
- Location: Oxford (United Kingdom)
- Annual Revenue: £1M - £10M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $349M
- Employee Count: 365 as on Jul 31, 2026
- Investors: BP Ventures, Hostplus and 25 Others
- Latest Funding Round: Series D, Mar 04, 2026, $*****
- Highlight: Editors' Pick
5. tado°
Provider of smart thermostats and energy solutions for home heating. The company offers smart radiator thermostats, smart thermostats for boilers and underfloor heating, and heat pump optimizers. It provides an application to manage energy consumption, set schedules, and control heating systems remotely. The company also offers dynamic tariff integration for heat pumps and electric cars.
Key facts about tado°
- Founded Year: 2011
- Location: Munich (Germany)
- Annual Revenue: €10M - €50M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $245M
- Employee Count: 162 as on Jul 31, 2026
- Investors: Panasonic, Swisscanto and 28 Others
- Latest Funding Round: Series E, Mar 18, 2025, $*****
- Highlight: Editors' Pick
IP Group's Year-on-Year Investment Trends
IP Group has invested in 179 companies over the last 22 years, with an average of 8 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of Jul 2026, it has made 11 investments in this year. Its most recent first time investment was in Mach42 and most recent follow-on round was in SLAMcore.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 6 | 11 |
2025 | 3 | 4 | 7 |
2024 | 0 | 4 | 4 |
2023 | 2 | 4 | 6 |
2022 | 16 | 8 | 24 |
2021 | 10 | 9 | 19 |
2020 | 9 | 9 | 18 |
2019 | 9 | 2 | 11 |
2018 | 12 | 7 | 19 |
2017 | 9 | 5 | 14 |
IP Group's Investments by Stage
IP Group has made 61 investments in Seed stage with an average round size of $1.5M, 38 investments in Series A stage with an average round size of $11.6M and 15 investments in Series B stage with an average round size of $34.9M.Stage of entry | No. of Investments |
|---|---|
Seed | 61 |
Series A | 38 |
Series B | 15 |
Series C | 8 |
Post IPO | 7 |
Others | 3 |
Note: We have considered here, only first round of investments
IP Group's Investments by Sector
IP Group has a diverse portfolio, with companies operating in the High Tech, Life Sciences, Enterprise Applications, Sustainability Tech and Environment Tech. Notably, it has invested in 144 Enterprise (B2B) companies, 143 Tech companies, 63 Software companies and at least 45 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
High Tech | 44 |
Life Sciences | 43 |
Enterprise Applications | 38 |
Sustainability Tech | 20 |
Environment Tech | 17 |
Others | 125 |
Note: We have considered here, only first round of investments
IP Group's Investments by Geography
IP Group has made most investments in United Kingdom (96), followed by Australia where it has made 15 investments.Country | No. of Investments |
|---|---|
United Kingdom | 96 |
Australia | 15 |
United States | 13 |
Bangladesh | 1 |
France | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
IP Group's recent investments
IP Group has made 11 investments in 2026 so far. Mach42 and MAKO are the latest among them.Here are the most recent investments by IP Group:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 21, 2026 | United Kingdom | Seed | 5992 | [+1] | |
Jun 30, 2026 | Australia | Series A | 2223 | [+4] | |
May 27, 2026 | United Kingdom | Series A | 3491 | [+4] | |
May 13, 2026 | France | Series A | 8928 | [+4] | |
May 04, 2026 | United Kingdom | Seed | 9627 | [+2] |
Unicorns in IP Group's Portfolio
IP Group has 1 unicorn in its portfolio - Teya. The most recent unicorn in their portfolio is Teya which became a unicorn in 2021, 5 years before IP Group first invested in it.Here is a list of unicorns in IP Group's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
74 | Provider of card payment terminals and integrated business financial software | 2019 | London | Series C | aicstcm |
IPOs and Publicly Listed companies in IP Group's Portfolio
18 of IP Group's portfolio companies have become public. Exyn got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in May 2026 at marketcap of $59.7M and Hinge Health got listed on the New York Stock Exchange (NYSE) at marketcap of $792M.Here are IP Group's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 15, 2026 | Dec 31, 2014 | Seed | 5474 | |
May 22, 2025 | - | - | 2026 | |
Sep 30, 2021 | Apr 29, 2005 | Seed | 8035 | |
Dec 15, 2020 | - | - | 3593 | |
Dec 19, 2017 | Mar 21, 2016 | Series D | 3471 |
Acquired companies in IP Group's Portfolio
29 companies from IP Group's portfolio have been acquired. The most recent acquisition was Centessa Pharmaceuticals in Mar 2026 by Lilly for $*****.Here are IP Group's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 31, 2026 | - | - | 9938 | |
Dec 16, 2025 | - | - | 8042 | |
Nov 11, 2025 | Nov 13, 2014 | Seed | 2234 | |
Oct 30, 2025 | Mar 29, 2023 | Series A | 4080 | |
Oct 14, 2025 | - | - | 5343 |
Team profile of IP Group
IP Group has a team of 26 members including 4 Partners, 1 Venture Partner and 2 Principals located in United Kingdom, United States and 1 more location. IP Group's team sits on the board of 1 company.Here is a list of top team members in IP Group:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | - | |
Partner | London | - | - | |
Partner | London | - | ||
Partner | Tampa | - | - | |
Partner | London | - | ||
Partner | - | - | - | |
Venture Partner | - | - | - | |
Principal | London | - | - | |
Principal | Israel | - | - |
Co-investors of IP Group
Over the past 22 years, 622 investors have co-invested in IP Group's portfolio companies. This includes funds and angels.
- Invested before IP Group: Imperial Innovations, Parkwalk and 164 others have invested in rounds before IP Group. There are 15 companies where Imperial Innovations has invested before IP Group and 8 companies where Parkwalk has invested before IP Group.
- Top Co-investors of IP Group: 179 investors entered a company along with IP Group. These include investors like Parkwalk (12 companies).
- Invested after IP Group: A total of 277 investors have invested in IP Group's portfolio after their investments. Top Investors include Gov (12 companies), Parkwalk (11 companies) and Hostplus (10 companies).
Recent News related to IP Group
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Mach42 Raises £7M in Pre-Series A FundingFinSMEs•Jul 21, 2026•Foresight Group, Mach42, BGF, IP Group
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IP Group suitor Railpen makes improved acquisition proposalShareprices•Jul 18, 2026•IP Group, Nanopore Technologies, Railways Pension
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DCC PLC Shareholders Approve Name Change to DCC Energy PLCShareprices•Jul 16, 2026•Dcc, Pharos Energy, IP Group
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Rathbones Group Plc Discloses Significant Stake and Dealings in IP Group PlcGlobeNewswire•Jun 30, 2026•Rathbone Brothers, IP Group
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Mako Secures $28 Million Series A Funding for Sharkskin-Inspired Drag Reduction TechnologyStartup Daily•Jun 29, 2026•Mako, Virescent Ventures, Skip Capital, IP Group and 3 others
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Dimensional Fund Advisors Ltd.: Form 8.3 - IP Group PLC - Ordinary SharesGlobeNewswire•Jun 26, 2026•IP Group
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IP Group rejects GBP615.8 million takeover proposal from RailpenShareprices•Jun 22, 2026•IP Group, Railways Pension, Railpen
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Slamcore: $14 Million Raised To Scale Visual AI Across IntralogisticsPulse 2.0•May 29, 2026•Rockwell Automation, Amadeus Capital, Interwoven Ventures, IP Group and 3 others
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Mantle8’s €31M Series A Signals Maturing Bet on Natural Hydrogen, But the Hard Part Starts NowEnergynews•May 13, 2026•Mantle8, Bpifrance, Breakthrough Energy, Sandwater and 4 others
