# UCL Technology Fund: portfolio, investments and team

> UCL Technology Fund is a vc firm based in United Kingdom. 18 investments on record, 1 in the last 12 months, latest Jun 2026.

Source: https://millionrounds.com/fund/ucl-technology-fund (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Investor](https://millionrounds.com/investors)

# UCL Technology Fund

Last cheque observed Jun 2026; 18 cheques on record.

Email

Deploying now VC firm

Pre-seed Seed Series A Construction Real Estate Property

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Deploying now

**20%** of best year **1** **cheques in 12 months**, 18 on record

Since the last cheque **150** days **00** hrs **00** min **00** sec

Median round **$11M** Rounds led **5 of 18** Mostly in **United Kingdom, 100%**

Pitch UCL Technology Fund

## UCL Technology Fund highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Series A and Seed: 94% of its rounds
- 03 Led 5 rounds

## What they do

> The page lists UCL departments and centres, but no explicit investment description is present. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Up to $9.2M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Construction Real Estate Property
- **Based in:** London, United Kingdom
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **18 appearances**

- **2026** 1 round
- **Jun** **[Gigaton](https://millionrounds.com/company/gigaton)** Series A · GB · Ventureburn **$26M** With 6 others
- **2024** 5 rounds
- **Oct** **[Oriole Networks](https://millionrounds.com/company/oriole-networks)** Series A · GB · UCL Technology Fund **$22M** With 4 others
- **Aug** **[Gaussion](https://millionrounds.com/company/gaussion)** Series A · GB · UCL Technology Fund **$12M** With 2 others
- **Mar** **[Oriole Networks](https://millionrounds.com/company/oriole-networks)** Seed · GB · UCL Technology Fund **$13M** *Led*
- **Mar** **[Stanhope AI](https://millionrounds.com/company/stanhope-ai)** Seed · GB · UCL Technology Fund **$2.9M** *Led*
- **Feb** **[Echopoint Medical Ltd](https://millionrounds.com/company/echopoint-medical-ltd)** Series A · GB · UCL Technology Fund **$5.3M** *Led*
- **2023** 4 rounds
- **Aug** **[Phasecraft](https://millionrounds.com/company/phasecraft)** Series A · GB · UCL Technology Fund **$17M** With 6 others
- **Apr** **[Gaussion](https://millionrounds.com/company/gaussion)** Seed · GB · UCL Technology Fund **$3.5M** *Led*
- **Mar** **[Hazy](https://millionrounds.com/company/hazy)** Series A · GB · UCL Technology Fund **$9.0M** With 13 others
- **Mar** **[Intrinsic Semiconductor Technologies](https://millionrounds.com/company/intrinsic-semiconductor-technologies)** GB · UCL Technology Fund **$8.5M** With 2 others
- **2022** 3 rounds
- **Nov** **[Carbon Re](https://millionrounds.com/company/carbon-re)** Seed · GB · UCL Technology Fund **$4.8M** With 3 others
- **Oct** **[Bloomsbury Genetic Therapies Limited](https://millionrounds.com/company/bloomsbury-genetic-therapies-limited)** Seed · GB · UCL Technology Fund **$5.6M** *Led*
- **Feb** **[Bramble Energy](https://millionrounds.com/company/bramble-energy)** Growth · GB · UCL Technology Fund **$47M** With 4 others
- **2021** 2 rounds
- **Oct** **[Carbon Re](https://millionrounds.com/company/carbon-re)** Seed · GB · UCL Technology Fund **$1.4M** With 3 others
- **Jun** **[Apollo Therapeutics](https://millionrounds.com/company/apollo-therapeutics)** Series A · GB · UCL Technology Fund **$140M** With 3 others
- **2019** 2 rounds
- **May** **[Quell Therapeutics](https://millionrounds.com/company/quell-therapeutics)** Series A · GB · FinSMEs **$35M** With 1 other
- **Apr** **[Astroscreen](https://millionrounds.com/company/astroscreen)** Seed · GB · TechCrunch **$1.0M** With 4 others
- **2016** 1 round
- **Nov** **[Achilles Therapeutics](https://millionrounds.com/company/achilles-therapeutics)** GB · FinSMEs **$16M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**2+** funds on file numbered funds in its name

## What they claim to have backed

From their own portfolio page (on their website)

**2** of 21 we have independently watched raise

[0 2 AstronauTx](https://millionrounds.com/company/astronautx)[0 9 Echopoint Medical](https://millionrounds.com/company/echopoint-medical) 0 1 Apollo 0 6 Bramble Energy 0 7 Carbon Re 11 Epsilogen 12 Spur Therapeutics 13 Gaussion 14 Glialign 16 Hazy 18 Humanloop 19 Intrinsic Semiconductor Technologies 20 KIT-AR 22 NovalGen 23 Odin Vision 26 Oriole Networks 27 Pometry 28 Phasecraft 30 Stanhope AI 32 Third Space Learning Albion

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Pre-seed Seed Series A

Median round joined **$11M** the round, not its cheque

Led 5 of 18 rounds **28%**

- **Said size:** Up to $9.2M
- **Sole investor:** Never alone
- **Last cheque:** Jun 2026

Rounds by stage said on their site

- Series A said *8*
- Seed said *7*
- Growth *1*
- Pre-seed said *-*
- Series B said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Clean Growth Fund](https://millionrounds.com/fund/clean-growth-fund) 5
- [Parkwalk](https://millionrounds.com/fund/parkwalk) 4
- [AlbionVC](https://millionrounds.com/fund/albionvc) 3
- [Business Growth Fund](https://millionrounds.com/fund/bgf) 3
- [Dorilton](https://millionrounds.com/fund/dorilton) 2
- [IP Group](https://millionrounds.com/fund/ip-group) 2

**Pitching UCL Technology Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as UCL Technology Fund. A count of rooms they were both in, not a relationship either has claimed.

[**Clean Growth Fund** VC firm **5** rounds together](https://millionrounds.com/fund/clean-growth-fund)[**Parkwalk** VC firm **4** rounds together](https://millionrounds.com/fund/parkwalk)[**AlbionVC** VC firm **3** rounds together](https://millionrounds.com/fund/albionvc)[**Business Growth Fund** Private equity **3** rounds together](https://millionrounds.com/fund/bgf)[**Dorilton** VC firm **2** rounds together](https://millionrounds.com/fund/dorilton)[**IP Group** VC firm **2** rounds together](https://millionrounds.com/fund/ip-group)[**MMC Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/mmc-ventures)[**Planet A** VC firm **2** rounds together](https://millionrounds.com/fund/planet-a-ventures)[**Plural** VC firm **2** rounds together](https://millionrounds.com/fund/plural)[**Syncona** VC firm **2** rounds together](https://millionrounds.com/fund/syncona-limited)[**XTX Ventures** Company **2** rounds together](https://millionrounds.com/fund/xtx-ventures)

## Recently backed

The latest companies UCL Technology Fund put money into.

[**Gigaton** $26M · Jun 2026](https://millionrounds.com/company/gigaton)[**Gaussion** $12M · Aug 2024](https://millionrounds.com/company/gaussion)[**Stanhope AI** $2.9M · Mar 2024](https://millionrounds.com/company/stanhope-ai)[**Echopoint Medical Ltd** $5.3M · Feb 2024](https://millionrounds.com/company/echopoint-medical-ltd)[**Phasecraft** $17M · Aug 2023](https://millionrounds.com/company/phasecraft)[**Intrinsic Semiconductor Technologies** $8.5M · Mar 2023](https://millionrounds.com/company/intrinsic-semiconductor-technologies)

## Mentioned on podcasts

Episodes that name UCL Technology Fund in their description, not their title.

- [The Healthtech Podcast](https://millionrounds.com/podcasts/healthtech-podcast) 13 Jun 2019 · 1h 8m Episode 27: The Story of Albion VC and the History of Healthtech ⏳ Mentions [UCL Technology Fund](https://millionrounds.com/fund/ucl-technology-fund)[Andrew Elder](https://millionrounds.com/person/andrew-elder) Apple PodcastsShow page

## Quick answers about UCL Technology Fund

### What does UCL Technology Fund invest in?

UCL Technology Fund invests most often at Series A and Seed (94% of the rounds on record), in sectors such as Construction, Real Estate and Property.

### How active is UCL Technology Fund?

18 investments on record, 1 of them in the last 12 months, and it led 5. The most recent was in Jun 2026.

### What has UCL Technology Fund invested in recently?

Its most recent investments on record: Gigaton (Series A, Jun 2026), Oriole Networks (Series A, Oct 2024) and Gaussion (Series A, Aug 2024).

### How big are UCL Technology Fund's cheques?

The median round it joins is $11M.

### Does UCL Technology Fund lead rounds?

Yes: it led 5 of its 18 investments on record (28%).

### Where does UCL Technology Fund invest?

Most of the companies it backs are in the United Kingdom (100%).

### Is UCL Technology Fund investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does UCL Technology Fund invest alongside?

Most often Clean Growth Fund (5 rounds together), Parkwalk (4 rounds together) and AlbionVC (3 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=ucl-technology-fund) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=ucl-technology-fund)