IQ Capital

Cambridge deep-tech VC; led Alpine Eagle's counter-drone seed.

Research reviewed
Oct 14, 2026
Mapped companies
1
Investment evidence through
Mar 6, 2025

Fund summary

Strategy

Cambridge deep-tech VC (est. 2005) backing IP-rich frontier tech — led Alpine Eagle's €10.25M counter-drone seed.

Stated focus

Deep tech: AI, robotics/autonomy, semiconductors, energy, and security.

Read full strategy

IQ Capital is a Cambridge (UK) deep-tech venture firm, established in 2005, that backs IP-rich frontier founders across intelligence, energy, computation, biology, and resilience. It manages more than $1B across its deep-tech funds. In the PXS map, IQ Capital enters through a specific, sourced relationship: it led Alpine Eagle's €10.25M seed round in March 2025, the airborne counter-drone defense system now mapped to the Physical AI defense/autonomy layer. The firm also closed a $200M fund in June 2023, confirming its deep-tech franchise. The research map records an attributed financing relationship, not a complete portfolio or a live ownership register, and only direct, sourced relationships to existing mapped companies are captured. IQ Capital is most useful as a signal that a leading European deep-tech capital network is backing the autonomous-defense edge of the Physical AI universe, extending the map beyond U.S.-centric capital. A Cambridge-based franchise managing more than $1B across deep-tech funds, IQ Capital's lead position in Alpine Eagle extends the Physical AI map beyond U.S.-centric capital to a European deep-tech network focused on intelligence, energy, and resilience.

Marquee investments

Examples from sourced company relationships. Historical participation does not establish current ownership.

Known positions in mapped companies

CompanyRelationshipRound / roleAs ofEvidence
Alpine EagleDisclosed investment historyleadMar 6, 2025Source

Derived exposure

Counts cover distinct mapped companies only. They are not an allocation and do not describe the full portfolio.

Universes

Layers

Timeline

  1. Jun 5, 2023

    IQ Capital closes $200M deep-tech fund

    Source

Start here

  • Alpine Eagle €10.25M seed (led, Mar 2025)
  • $200M fund close (Jun 2023)
  • $1B+ AUM deep-tech franchise
Official portfolio / fund page

Open questions

  • Full current portfolio overlap with the Physical AI map beyond Alpine Eagle.

Sources

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