Carol Cheung has become principal at the University of Cambridge patient capital fund, having joined as an associate four years ago.
Carol Cheung was promoted to principal at Cambridge Innovation Capital (CIC), the patient capital fund set up by University of Cambridge, yesterday.
Cheung joined CIC as an associate in 2016, leading technology deals including investments into University of Cambridge-founded big data analytics platform Geospock and insurance technology developer Cytora.
She was with speech recognition platform developer Speechmatics from 2015 to 2016 as commercial director, after a spell as vice-president of finance at advertising tech supplier Adbrain from 2014 until 2015.
Cheung’s earlier appointments include adviser at enterprise employee wellness service Strive London from 2013 to 2014, following less than a year with internet firm Google as a consultant.
Cheung said: “I am thrilled to be taking on this new role within CIC. It has been nothing short of fantastic working with the team so far to find, build and shape world-leading companies linked to the Cambridge ecosystem, and I am looking forward to the myriad of exciting opportunities heading our way in the near future.”
Andrew Williamson, managing partner of CIC, added: “Carol has proven herself to be an invaluable member of the CIC team over the past four years. Carol’s promotion reflects the significant contribution she has made to the ongoing success of CIC, and we are very excited to see what she will achieve in her new role.”
– Image courtesy of CIC
