Frontier IP Group PLC's (LON:FIPP) Neil Crabb presents their strong increase in profits in its first half as the firm saw the value of its portfolio grow by double digits.
Taking viewers through the highlights, Crabb says several of their companies are at or approaching inflection points reflecting significant technical, commercial and financial milestones.
With Exscientia completing a $100m Series C funding round backed by BlackRock. The firm has also been strengthening their team with Mark Rosten as software commercialisation director and Darren Winter as director of corporate relationships.
In its results for the six months to December 31, 2020, the AIM-listed firm reported a pre-tax profit of £3mln, up 45% year-on-year, while the fair value of its investment portfolio increased by 21% to £23.4mln.