LONDON Quester, a major UK independent venture capital investors, has joined Catalyst Venture Partners Technology Funding Partnership.
Quester’s participation should boost and broadens the investment funds accessible to the companies in Catalyst’s company Accelerator Programme. Quester specialises in funding for entrepreneurial, early-stage companies in the technology and healthcare/life sciences sectors . It has already established three University Seed and Investment Funds to finance the commercial spin-out of University-developed technologies.
Quester joins the four original venture capital investors in Catalyst’s Technology Funding Partnership, Matrix Private Equity Partners, VCF Partners, South West Ventures Fund and Octopus Asset Management and brings the funds collectively managed by them to over £400 million.
As a member of the Technology Funding Partnership, Quester will be able to monitor the progress of companies participating in Catalyst’s Accelerator Programme with a view to future investment. The programme, usually lasting between 6 and 12 months, structures and prepares early-stage technology companies for investment. Technology Funding Partnership members are given an inside track to them in order to understand the investment opportunity and give them the confidence that they are well prepared for growth.