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What we’ve backed
Conception X founders build companies that anticipate fundamental shifts in human behaviour and address problems that will become apparent years from now.
Year
Sector
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HyperCIM
Founded By
Tanya Mangoma
Cohort
CX21
Future of Computing
HyperCIM
HyperCIM develops compute-in-memory processors that eliminate AI data bottlenecks by processing data directly where it is stored instead of transferring it between chips.
Forgent AI
Founded By
Leonard Wossnig
Cohort
CX18
Novel AI
Forgent AI
Forgent develops AI agents that automate public sector tender discovery, proposal drafting and bid management for enterprise procurement teams.
RedBerry Labs
Founded By
Sophia Kalanovska & Charles Higgins
Cohort
CX22
Novel AI
RedBerry Labs
Redberry Labs develops AI liability insurance and risk infrastructure for autonomous AI agents operating across enterprise systems and workflows.
Motics
Founded By
Salinna Abdullah
Cohort
CX19
Novel AI
Bio & Health
Motics
Motics develops AI agents that automate clinical documentation, billing and patient communication for clinics and hospitals.
Emulate Cities
Founded By
Johannes Heyl
Cohort
CX23
Novel AI
Emulate Cities
Emulate Cities develops city-scale simulation software for evaluating urban planning and infrastructure infrastructure changes before deployment.
PhovIR
Founded By
William Wren
Cohort
CX24
Bio & Health
PhovIR
PhovIR develops chip-scale infrared spectroscopy sensors that identify the chemical composition of materials in real time using optical signatures.
Radiant Science
Founded By
Dr Sigourney Waibel
Cohort
CX24
Novel AI
Radiant Science
Radiant Science develops voice AI agents that automate clinic administration, eliminate patient call wait times, and free up staff time for care.
Applied Computing
Founded By
Samyakh Tukra
Cohort
CX24
Novel AI
Applied Computing
Applied Computing develops physics-grounded AI models for refineries and chemical plants that optimise operations using live industrial process data.
Vaire Computing
Founded By
Rodolfo Rosini
Cohort
CX24
Future of Computing
Vaire Computing
Vaire develops reversible computing chips that recycle energy during computation to dramatically reduce heat and power consumption in AI systems.
Solve Intelligence
Founded By
Chris Parsonson
Cohort
CX21
Novel AI
Solve Intelligence
Solve Intelligence develops the AI-native operating system for patent teams, automating drafting, prosecution, invention capture and IP workflows.
MimiCrete
Founded By
Dr. Liz Zijing Li
Cohort
CX20
Advanced Materials
MimiCrete
Mimicrete develops biomimetic self-healing concrete that autonomously repairs cracks to extend infrastructure lifespan and reduce carbon emissions.
Natural Negative
Founded By
Phoebe Heseltine
Cohort
CX19
Advanced Manufacturing
Natural Negative
Natural Negative develops AI-generated compostable material formulations that can replace conventional plastics without requiring manufacturers to change their production lines.
Milliray
Founded By
Matthew Moore
Cohort
CX18
Security
Milliray
Milliray has developed a millimetre-wave radar that can accurately detect and rapidly quantify threats from small drones and autonomous swarms in the most demanding conditions.
VMAX
Cohort
CX23
Novel AI
VMAX
VMAX develops reinforcement learning environments for training and evaluating autonomous AI agents – to develop AI capable of open-ended learning.
Verdantia
Cohort
CX24
Energy
Verdantia
Verdantia is developing affordable modular systems for the production of sustainable aviation fuel using methane and carbon dioxide from biogas or captured from flue gases of existing industrial plants.
VaprTech
Cohort
CX24
Energy
VaprTech
VaprTech has developed optimisation technology for air conditioning systems that reduces energy consumption while meeting rising cooling demands.
Evolve DC
Cohort
CX23
Energy
Evolve DC
Evolve DC provides ElectroMagnetic Compatibility (EMC) certification and hardware solutions for electronics manufacturing companies needing to ensure new direct current (DC) powered products, such as electric vehicles, don’t cause tomorrow’s blackouts.
TurinTech
Cohort
CX19
Novel AI
TurinTech
TurinTech has built an artificial intelligence optimisation platform to automate the entire process of creating, deploying and optimising AI. It helps businesses speed up the end-to-end data science process from months to weeks, while optimising model efficiency for quicker inference speed, lower memory and energy consumption.
TrialeX
Cohort
CX23
Bio & Health
TrialeX
TrialeX is a clinical trial platform that reduces time and cost inefficiencies relating to recruitment and retention of participants in clinical trials, including from under-served groups.
Auroflo
Cohort
CX20
Bio & Health
Robotics
Space
Auroflo
Auroflo is building a wearable medtech device using soft robotic technology to alleviate pain for lymphoedema patients.
Tattva
Cohort
CX22
Advanced Materials
Tattva
Tattva is developing photosynthetic living building materials to help the construction industry adapt to climate change and grow tomorrow's carbon-negative cities.
Stars Edge
Cohort
CX25
Space
Stars Edge
Stars Edge develops next-generation Very Low Earth Orbit (VLEO) satellites with a patent-pending plasma ramjet that extends mission lifetimes, reduces orbital debris, and enables high-resolution Earth observation, low-latency communications and defence applications.
SEncIL
Cohort
CX25
Bio & Health
SEncIL
SEncIL is developing encapsulation technology that transforms liquid drugs into polymer-encapsulated powders, delivering improved solubility and absorption for more effective oral drug delivery.
Konpanion
Cohort
CX22
Robotics
Konpanion
Konpanion is a customisable and modular robot, developed through co-design, to support the complex requirements of the service industry.
CX alumni companies are now valued at £ 1 billion
205
Companies created
£208M
Funding secured
3
Exits
Kapacity
Finland-based Kapacity.io, a European leader in smart heat pump optimisation, was acquired by EnergyHub in 2024.
Year
CX20
Humanloop
In 2025, Anthropic acquired the co-founders and most of the team behind $7.9M-backed Humanloop, the leading LLM evaluation platform.
Year
CX20
Rahko
Rahko, the world's first quantum machine learning startup to exit, was acquired by Odyssey Therapeutics in 2022 to accelerate drug discovery.
Year
CX18
Website
rahko.ai
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