The investment has been made by the Aviva Investors Venture & Growth Capital LTAF (Long Term Asset Fund).
The commitment from Aviva Investors anchors CIC’s newly-launched Opportunity Fund, which has already made its first two investments, into Pragmatic and Riverlane. Pragmatic is a world leader in semiconductor innovation and one of the UK’s largest chip designers and manufacturers.
Riverlane specialises in the complex challenge of quantum error correction paving the way to make quantum computing useful, sooner.
Aviva Investors’ commitment to the CIC Opportunity Fund aligns with UK Government plans to deliver the Oxford-Cambridge Growth Corridor, furthering the region’s ambition to be a world-leading life science, tech and innovation cluster.
