QinetiQ
In June 2007, Coller Capital created a partnership with QinetiQ to accelerate the development of businesses generated from its defence and security-related IP. Cody Gate Ventures, the team spun-out from QinetiQ, is managing the portfolio of seven companies through a new technology fund, QinetiQ Ventures LP. The fund has initial assets of £40m. Coller Capital and QinetiQ are each contributing up to £20m of follow-on funding.

Hal Kruth, Chairman of QinetiQ Ventures L.P. said that "Coller Capital brings to the partnership not only additional capital but a wealth of experience in accelerating value creation from technology venture portfolios."

See Press Room for the original announcement of the QinetiQ transaction