# Iceni Seedcorn Fund

> Iceni Seedcorn Fund is a VC fund in Norwich backing Software and Biotechnology. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Norwich, United Kingdom
- Total investments: 5
- Last investment: May 2016
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/iceni-seedcorn-fund/
- Website: http://www.icenifund.com/

Iceni Seedcorn Fund is a VC fund in Norwich focused on Software and Biotechnology. The Iceni Seedcorn Fund was created to help commercialise innovation and technology development derived from the Fund’s Partner Institutes.Iceni was established in August 2002 with a £3m award from the DTi’s University Challenge Fund competition, run by the Government’s Office of Science and Technology. Together with contributions from thePartner institutions and HSBC Bank, the Fund had a total value of £4m.The Fund may invest from £5k - £500k per project, dependent on need. Iceni is an evergreen fund and the proceeds from successful investments are reinvested in new propositions.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $393k–$524k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 40% |
| Biotechnology | 2 | 40% |
| Hardware | 1 | 20% |
| Health Care | 1 | 20% |
| Life Science | 1 | 20% |

13 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 60% |
| Funding Round | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Nature Metrics | NatureMetrics is an award-winning technology start-up using cutting-edge genetic techniques to monitor biodiversity.Each species carries a unique genetic signature in all cells. When an organism's cells are shed into the environment (e.g. through excretion, mucous, saliva, gametes, or tissue breakdown) its genetic signature is also released.At NatureMetrics, we isolate these signatures from water or sediment samples - or from complex mixed-species samples of invertebrates - and use them to determine which species are present. |  | Seed | May 23, 2016 |  |
| Spectral Edge | Spectral Edge combines patented Image Fusion tech with Deep Learning to reveal more of the color, detail and clarity in any image. | $393K | Seed | Jul 22, 2014 |  |
| Procarta Biosystems | Procarta Biosystems Ltd., established in 2007 by the scientific founders, Dr. Michael McArthur and Professor Mervyn Bibb, is a spin-out company from the John Innes Centre, Norwich, a world renowned scientific centre of excellence in plant science and microbiology. The company was initially established through Plant Bioscience Ltd (PBL), theinternationally regarded group specialising in early stage technology investment and IP management, on behalf of the JIC, the Sainsbury Laboratory and the Biotechnology and Biological Sciences Research Council.Procarta received seed funding in 2008 from the Rainbow and Iceni Seedcorn Funds and is currently headquartered on the Norwich Research Park. | $956K |  | Nov 10, 2010 |  |
| UltraSoC Technologies | UltraSoC Technologies is an independent provider of SoC infrastructure to enable rapid development of embedded systems based on advanced SoC devices. Its head office is in Cambridge and it has research and development labs in Colchester. | $524K | Seed | Feb 01, 2009 |  |
| Procarta Biosystems | Procarta Biosystems Ltd., established in 2007 by the scientific founders, Dr. Michael McArthur and Professor Mervyn Bibb, is a spin-out company from the John Innes Centre, Norwich, a world renowned scientific centre of excellence in plant science and microbiology. The company was initially established through Plant Bioscience Ltd (PBL), theinternationally regarded group specialising in early stage technology investment and IP management, on behalf of the JIC, the Sainsbury Laboratory and the Biotechnology and Biological Sciences Research Council.Procarta received seed funding in 2008 from the Rainbow and Iceni Seedcorn Funds and is currently headquartered on the Norwich Research Park. | $419K |  | Jul 01, 2007 |  |

5 of 5 investments shown.

## Co-investors
- [UK Innovation & Science Seed Fund](https://shizune.co/investors/profile/rainbow-seed-fund) — VC Fund, 3 deals together
- [The FSE Group](https://shizune.co/investors/profile/finance-south-east) — VC Fund, 1 deal together
- [Future Planet Capital](https://shizune.co/investors/profile/midven) — VC Fund, 1 deal together
- [Morningside](https://shizune.co/investors/profile/morningside-group) — VC Fund, 1 deal together
- [Origin Capital](https://shizune.co/investors/profile/origin-capital) — VC Fund, 1 deal together

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## FAQ

### What does Iceni Seedcorn Fund invest in?

Iceni Seedcorn Fund invests primarily in Software, Biotechnology and Hardware startups, most often at Seed and Funding Round stage. Most of the 5 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Iceni Seedcorn Fund's check size?

Iceni Seedcorn Fund typically joins rounds of $393k–$524k at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Iceni Seedcorn Fund participates in.

### When did Iceni Seedcorn Fund last invest?

The most recent investment recorded for Iceni Seedcorn Fund closed in May 2016. Shizune tracks 5 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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