Tech Capital
EPIC: FIPP
Market: AIM
52-week High/Low: 56.00p / 25.10p
Sector: Support Services
Market Cap: 14.55M
Phone: +44 (0)131 220 9491
Address: 41 Charlotte Square, Edinburgh EH2 4HQ.
Website: www.frontierip.co.uk

Frontier IP Group plc is an AIM listed UK based specialist asset management group whose focus and purpose is to provide consultancy services to assist universities and research organisations in the commercialisation of intellectual property arising from their research.

Frontier IP Group Plc

www.frontierip.co.uk

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Big picture - Why invest in Frontier IP Group Plc

Frontier IP Group Plc Snapshot

What We Do

Our business model is to apply deep Intellectual Property commercialisation expertise to building a portfolio of successful companies through:

Establishing formal and informal relationships with universities as sources of IP and deal flow

Identifying strong IP and helping to create and grow companies built around this IP

Earning equity in return for strategic and commercial support

Providing active, hands-on support

Building a wide network of sources of capital

The Group earns its equity and revenue by helping businesses to grow in value, providing downstream attractive returns for Frontier IP’s shareholders and stakeholders. Equity stakes are earned through providing practical support ahead of arranging capital.

Our team works with a range of universities and sources of deal flow and continues to develop new sources of IP from both formal and informal relationships.

Our Approach

Our approach is to grow value in our portfolio companies by not just advising but doing. In addition to providing strategic direction, our experienced team helps companies with a range of activities, usually those which are common points of failure and traditionally absent in early stage technology companies.

We help companies to adopt a more business-like approach, in particular encouraging early engagement with the potential market through Frontier IP’s established industry networks. Our support includes strategic and commercial expertise, corporate finance and capital raising, and a range of administrative services.

We also, of course, recognise the importance of access to sources of capital to finance early stage businesses as they develop and our companies have access to our extensive network of sources of capital ranging from institutions, industry investors through to private individuals.

Typically, we would not seek investment until we had visibility on customer and market requirements and, therefore, a clear view of the funding required to take the technology to the next stage. This may also result in investment from the relevant industrial player, bringing value (industry connections or technology validation) over and above capital.

ALUSID LIMITED
Alusid’s SilicaStone is a new material made from fused recycled glass and ceramics, designed as an adaptable alternative to natural stone. A spin-out from the Silicate Research Unit of the University of Central Lancashire, Alusid was formed to license and commercialise the process to transform waste materials into a highly durable and functional material with applications in the construction industry. Its product, SilicaStone, is a new material made from fused recycled glass and ceramics. SilicaStone was designed as a uniquely adaptable alternative to natural stone products for use as feature walls and interiors. Alusid has secured raw materials supply agreements and its pilot plant is fully operational.

CAMBRIDGE SENSOR INNOVATION LIMITED
Based in Cambridge UK, Cambridge Sensor Innovation was formed to exploit technology developed by Dr. Mark Williamson, a lecturer and researcher at the Department of Chemical Engineering and Biotechnology at the University of Cambridge. Cambridge Sensor Innovation develops sensor technology for use in industrial processes where the composition of the processing atmosphere is important, specifically ovens and kilns. Its suite of products comprises an ultra-low range differential Pressure Sensor, a Humidity Sensor, and an Intelligent Control System. The benefits of the technology include reduction in greenhouse gases and optimisation of the quality and consistency of oven-manufactured goods. The company is initially focused on multinational companies in the food and speciality chemicals markets, but the technology can be applied within any industry which uses ovens and kilns.

NANDI PROTEINS LIMITED
Founded by CTO Dr. Lydia Campbell, Nandi is an established protein technology company, specialising in developing a platform technology which improves the functional properties of proteins in food manufacturing. When its patented process technology is applied to naturally occurring proteins such as whey and egg, which are used extensively as ingredients in food manufacture, the functional properties of these proteins are improved, creating a product which can replace (in whole or in part) sugars, fats and additives (specifically emulsifiers, commonly E471) in end-product. Food manufacturers are under increasing pressure to respond to rising global obesity rates and the associated cost, both human and economic, of diet-related ill-health.
Nandi’s product can reduce or replace sugars, fats and additives in foods without negatively affecting taste and texture.

TARSIS TECHNOLOGY LIMITED
Tarsis plans to develop and commercialise technology created by Dr. David Fairen-Jimenez, a Royal Society University Research Fellow at the Department of Chemical Engineering and Biotechnology at the University of Cambridge, and his research team.  The technology allows slower and more controlled delivery of drugs using metal-organic frameworks (MOFs).

POREXPERT LIMITED
PoreXpert was formed to accelerate the commercialisation activity of Plymouth University’s Environmental and Fluid Modelling Group which develops software for modelling porous systems. In close partnership with Thermo Scientific, Porometer nv and MicrotracBEL Inc, the company provides software, for sale or through consultancy, which generates a three-dimensional simulation of the voids within a sample, based on porometry, porosimetry or, less directly, electron or optical microscopy. The resulting structure can then be used to simulate properties that include depth filtration efficiency and absolute permeability. The software also has a ‘targeted modification’ feature which allows the user to make alterations to the structure virtually, so they can optimise the properties of a given material in a cost effective manner or simulate future effects such as weathering.

PULSIV SOLAR LIMITED
PulsiV, led by Associate Professor Dr. Zaki Ahmed, develops a technology which significantly improves energy efficiency. The PulsiV technology harnesses the principles of high frequency, pulsed-power extraction techniques, establishing a new method of harvesting more efficient energy for a wide range of applications from commercial solar farms, to household electrical appliances.

EXSCIENTIA LIMITED
As at 31 December 2015 – Frontier IP Group holding – 5%
Sector – Life Sciences
Source – University of Dundee

CAMBRIDGE SIMULATION SOLUTIONS LIMITED
As at 31 December 2015 – Frontier IP Group holding – 40%
Sector – IT / Life Sciences
Source – University of Cambridge

CELERUM LIMITED
As at 31 December 2015 - Frontier IP Group holding – 10%
Sector – IT / Energy
Source – Robert Gordon University, Aberdeen

ADUS DEEPOCEAN LIMITED
As at 31 December 2015 – Frontier IP Group holding – 3%
Sector – Energy
Source – University of Dundee

GLYCOBIOCHEM LIMITED
As at 31 December 2015 - Frontier IP Group holding – 5%
Sector – Life Sciences
Source – University of Dundee

KINETIC DISCOVERY LIMITED
As at 31 December 2015 - Frontier IP Group holding – 5%
Sector – Life Sciences
Source – University of Dundee

RAPID QUALITY SYSTEMS LIMITED
As at 31 December 2015 - Frontier IP Group holding – 5%
Sector – IT
Source – University of Dundee

Neil Crabb

Neil Crabb is Chief Executive of Frontier IP. He co-founded Sigma Capital Group plc and has considerable experience as an investor and director of a wide range of technology and university spin-out companies. He was previously an investment manager at Duncan Lawrie Ltd. with responsibility for a range of managed portfolios investing in smaller UK companies and unquoted technology companies, prior to which he spent four years with Equitable Life Assurance Soc., latterly as investment analyst managing investments in UK small companies and larger stocks in the electronics sector. Neil is an approved person under FSMA.

Jackie McKay

Jackie is the Group's Chief Operating Officer, supporting the Chief Executive in the delivery of the Group's objectives. She has substantial experience of the university IP and venture capital industries and has been working with Frontier IP since its inception to help develop new and existing commercialisation relationships. Jackie spent nearly ten years at Sigma Capital Group plc, latterly as Corporate Development Director, where she was responsible for structuring and setting up venture funds and university partnerships. Prior to Sigma, Jackie spent 12 years with Bank of Scotland. She has an MA in Psychology.

Jim Fish

Jim is Finance Director and Company Secretary of Frontier IP. He has over 25 years' experience in senior financial positions and a wide range of commercial experience including venture capital funded small/medium-sized enterprises and start-up companies. He was latterly interim Finance Director at The One Place Capital Limited, an online technology start-up. He qualified as a chartered accountant with KPMG and holds a degree in Accounting and Finance from Heriot Watt University, Edinburgh.

David Cairns

David is Portfolio Director at Frontier IP and is responsible for developing and managing its equity and licensing portfolio. David has 25 years' experience in developing technology from concept through to commercialisation. He previously worked for Optos plc, the retinal imaging company, where he was instrumental in building the business from start-up, serving on the board until its flotation on the London Stock Exchange.

Rui Andres

Rui is a Portfolio Manager at Frontier IP, focused on the energy sector. He has over 5 years' with EDP (Energias de Portugal) in renewables and energy efficiency and was latterly Senior Associate at Fidelity Worldwide Investment. He also brings experience of company creation, management and funding.

Paul Mantle

Paul is a Portfolio Executive at Frontier IP and based in Cambridge. He has over 15 years’ experience with Ciba-Geigy in the commercialisation of new technology for semi-conductors  and electronics.  As Director and General Manager for 3 global businesses during that time he brings real practical experience of business leadership. Most recently as a member of the University of Cambridge he has led the commercialisation of a number of innovative technologies.

Janet Forbes

Janet has strong experience in finance and administration in companies commercialising research. While working for Edinburgh University in the early 2000s she was seconded to work on the launch of the spin-out Rhetorical, the highly regarded text-to-speech developer, and subsequently joined the company. She moved in 2005 to MTEM Ltd, another Edinburgh spin-out, this time in the very fast-moving environment of oil and gas services. Here she worked up to, through and after the sale of the company to Norway’s PGS, as work continued on developing the patented technology. She has also held posts Hyaltech Ltd and Napier University, Edinburgh

Andrew Richmond

Andrew Richmond is Non-Executive Chairman of Frontier IP. Andrew has substantial experience of the healthcare, stockbroking and private equity industries. He is Chairman of Hub North Scotland, a Lay Member of the Court of the University of Dundee and a Non-Executive Director of Scotland's Charity Air Ambulance.

Campbell Wilson

Campbell is a Non-Executive Director of Frontier IP. Campbell, who is past Chairman and currently a member of the Board of the UK Pharmaceutical Licensing Group, has worked in the UK pharmaceutical industry for approximately 35 years. The last 17 years of his career were in business development at AstraZeneca, the global research-based biopharmaceutical company, latterly as Executive Business Development Director within the company's central Business Development function. He led strategic collaboration and licensing activities at the unit, driving multiple technology and oncology therapy area collaborations and product licensing deals, including high profile and innovative agreements. Before his involvement in business development, Campbell worked in senior level scientific roles in cardiovascular drug discovery at AstraZeneca, and earlier at Beecham Pharmaceuticals (now GSK).

 

Mike Bourne

Mike is a Non-Executive Director of Frontier IP. Mike has almost 30 years' experience in investment management and particular expertise in technology, life sciences and clean technology. He is currently Partner of Accretion Capital LLP and a Director of Cygna Negra Limited, Cygna Negra Malta Limited and Cloudfind Limited. He is also an Advisory Board Member of V2R, the US technology transfer venture company. Prior to these roles, in 1995, he founded asset management company, Reabourne Technology Investment Management Limited, where he was also Chief Investment Officer. For nine years until 2009, he was also a member of the techMARK Advisory Committee.

Contact Us

General
[email protected]

Edinburgh Office
93 George Street
Edinburgh
EH2 3ES

T: 0131 240 1251

Cambridge Office
Wellington House
East Road 
Cambridge
CB1 1BH

T: 01223 451030

 

Jim Fish
Finance Director & Company Secretary
T: 0131 240 1251
[email protected]

Jackie McKay
Chief Operating Officer
T: 0131 240 1251
[email protected]

 

Advisers

Company Secretary:
Jim Fish

Auditors:
Moore Stephens LLP - Russell Square
Russell Square House
10-12 Russell Square
London WC1B 5LF

Bankers:
Bank of Scotland
New Uberior House
11 Earl Grey Street
Edinburgh EH3 9BN

Nominated Adviser and Joint Broker:
Cantor Fitzgerald Europe
One Churchill Place
Canary Wharf
London E14 5RB

Joint Broker:
Peterhouse Corporate Finance Limited
15 Eldon St
London EC2M 7LD

Financial PR:
Kreab
6th Floor, 90 Long Acre
London WC2E 9RA

Solicitors:
CMS Cameron McKenna LLP
Saltire Court
20 Castle Terrace
Edinburgh EH1 2EN

Registrars:
Share Registrars Limited
Suite E, First Floor
9 Lion and Lamb Yard
Farnham
Surrey GU9 7LL

 

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