# Ignite Innovation Fund

> Ignite Innovation Fund is a VC fund backing Artificial Intelligence. See 10 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Total investments: 10
- Last investment: Dec 2024
- Lead investor: 0%
- Last updated: Aug 2026

Ignite Innovation Fund is a UK-based investment fund.

## Contacts

5 contacts available for Ignite Innovation Fund. Shizune tracks 1 team members at Ignite Innovation Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ignite-innovation-fund?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2M–$51M |
| Series A | $20M–$23M |
| Series B | $10M–$75M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 3 | 30% |
| Medical | 2 | 20% |
| Genetics | 2 | 20% |
| Robotics | 2 | 20% |
| Software | 2 | 20% |

32 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 30% |
| Series B | 3 | 30% |
| Series A | 2 | 20% |
| Convertible Note | 1 | 10% |
| Venture - Series Unknown | 1 | 10% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 7 | 70% |
| Singapore | 1 | 10% |
| South Korea | 1 | 10% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Sean Seoho Lee | Executive Director | 1 | https://shizune.co/investors/profile/sean-seoho-lee |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Inocras | Inocras Inc. specializes in whole genome sequencing and analytics, focusing on providing insights for personalized care in cancer and rare diseases. Utilizing artificial intelligence, Inocras aims to revolutionize healthcare by enabling precision medicine. The company offers services to patients, healthcare providers, researchers, and partners,seeking to unlock new possibilities in precision health. With a commitment to innovation, Inocras has introduced products like CancerVision and RareVision, designed to enhance diagnosis and treatment strategies through comprehensive genomic analysis. |  | Venture - Series Unknown | Dec 05, 2024 |  |
| DreamBig Semiconductor | DreamBig Semiconductor provides SmartNICs as the perfect blend of hardware and programmable accelerations enabling secure and high-performance network solutions for big data centers, cloud, storage, machine learning and edge computing while increasing productivity. Their customers contact through email only. | $75M | Series B | Jul 16, 2024 |  |
| Subtle Medical | Subtle Medical is a healthcare technology company that provides AI-powered medical imaging. Its products, SubtlePET and SubtleMR, are FDA Cleared and CE Marked AI product that enhances images in PET and MR exams aimed for faster & safer workflow.The company's SubtleGAD technology is also awarded by RSNA and a $1.6M NIH SBIR Grant tofacilitate the adoption using AI to make imaging exams safer. They provide a vendor-agnostic AI infrastructure powering its products and providing service and analytics to clinical imaging providers.Subtle Medical's goal is to improve the quality, value, and accessibility of medical imaging by significantly reducing cost, imaging time, and radiation dose. | $10M | Series B | May 13, 2024 |  |
| Aniai | Aniai develops a robotic kitchen based on its core robot technology to design/control robots. Its robots are further reinforced by its unique cognitive technology with artificial intelligence(AI). With these technologies, Aniai presents a shining solution for quick-service restaurants as the robotic kitchen can accelerate DigitalTransformation(DX). | $12M | Seed | Jan 24, 2024 |  |
| ImpriMed | ImpriMed is a company that creates individualized drug response prediction technology to help veterinarians fight lymphoma. The company's technology provides precision medicine techniques that allow veterinary oncologists to find appropriate anticancer drugs by developing a patient-derived database for pet cancer treatment that can eventuallybe translated into human cancer care, allowing doctors to decide on a final treatment regimen based on a data-driven prediction of response success in each individual patient's body. | $23M | Series A | Nov 06, 2023 |  |
| Inocras | Inocras Inc. specializes in whole genome sequencing and analytics, focusing on providing insights for personalized care in cancer and rare diseases. Utilizing artificial intelligence, Inocras aims to revolutionize healthcare by enabling precision medicine. The company offers services to patients, healthcare providers, researchers, and partners,seeking to unlock new possibilities in precision health. With a commitment to innovation, Inocras has introduced products like CancerVision and RareVision, designed to enhance diagnosis and treatment strategies through comprehensive genomic analysis. | $23M | Series B | Nov 01, 2023 |  |
| B GARAGE | B GARAGE is an autonomous drone and service company for warehouse inventory management. B GARAGE is an homage to Willow Garage, a widely respected robotics research company that developed an open-source robotics software platform. | $20M | Series A | Jun 21, 2023 |  |
| Earable Neuroscience | Earable Neuroscience is a deep tech company focusing on building consumer wearables and solutions that unlock human potential through improved sleep and cognitive function. Earable was early-invested in by FoundersFund and Samsung Ventures. After 9 years of R&D at the University of Colorado and the University of Oxford, Earable invented FRENZBrainband - a pioneering AI-powered sleep-aid wearable designed to track and stimulate brain activity in real time using science-backed personalized audio delivered via bone-conduction speakers. |  | Convertible Note | Jun 21, 2023 |  |
| VERTICAH | VERTICAH is a growth platform for start-ups that offers alternative financing, venture capital, and asset management services. | $2M | Seed | Dec 15, 2022 |  |
| Silicon Box | Silicon Box is an advanced OSAT (outsourced semiconductor assembly and testing) services provider, specializing in semiconductor integration. The company is capable of delivering full execution for semiconductor packaging, from initial design to final manufacturing of standard single chip packages to the most sophisticated chiplet-based systems,enabling applications that include AI (artificial intelligence), HPC (high performance computing), EV (electric vehicles), automotive, power management, mobile chipsets and processors, applications processors, radiofrequency, and more. | $51M | Seed | May 01, 2021 |  |

10 of 10 investments shown.

## Co-investors
- [Asan Foundation](https://shizune.co/investors/profile/asan-foundation) — VC Fund, 2 deals together
- [BlueRun Ventures](https://shizune.co/investors/profile/bluerun-ventures) — VC Fund, 2 deals together
- [Samsung Venture Investment](https://shizune.co/investors/profile/samsung-venture-investment-705d) — VC Fund, 2 deals together
- [Samsung Ventures](https://shizune.co/investors/profile/samsung-ventures) — VC Fund, 2 deals together
- [SAV (Scale Asia Ventures)](https://shizune.co/investors/profile/scale-asia-ventures) — VC Fund, 2 deals together
- [SBVA](https://shizune.co/investors/profile/softbank-ventures-korea) — VC Fund, 2 deals together

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## FAQ

### What does Ignite Innovation Fund invest in?

Ignite Innovation Fund invests primarily in Artificial Intelligence, Medical and Genetics startups, most often at Seed and Series B stage. Most of the 10 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Ignite Innovation Fund's check size?

Ignite Innovation Fund typically joins rounds of $2M–$51M at Seed, $20M–$23M at Series A and $10M–$75M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Ignite Innovation Fund participates in.

### How do I contact Ignite Innovation Fund?

For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Ignite Innovation Fund?

The team at Ignite Innovation Fund includes Sean Seoho Lee (Executive Director). The Team section lists each member with their title, investment count and links.

### 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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