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Cambridge Consultants
Capgemini’s deep-tech unit, founded 1960 with 900+ staff, delivers 500+ fee-for-service R&D projects a year for clients including LEGO and IFM Investors.
Cambridge Consultants
We are Capgemini’s global deep tech innovation specialists, spearheading high-impact, transformative and societally beneficial projects for the world’s biggest brands and most ambitious start-ups.
General information
Firm type
other
Year founded
1960
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
Cambridge
Corporate office
29 Cambridge Science Park, Milton Road, Cambridge, CB4 0DW, United Kingdom
Additional offices
Boston, MA, United States · Singapore · Tokyo, Japan
Sector focus
Frequently asked questions
Is Cambridge Consultants a family office or an investment firm?
Neither. It is a wholly owned subsidiary of Capgemini, the publicly traded IT consulting group. The firm operates as a deep tech research and development house, generating revenue from fees for developing technology on behalf of clients. It does not deploy its own capital as an investor.
Who owns Cambridge Consultants?
French IT consultancy Capgemini has owned the firm outright since 2020. Before the acquisition, Cambridge Consultants was part of the privately held Altran group, which Capgemini purchased. The firm retains headquarters in Cambridge, England, and operates as Capgemini’s dedicated deep tech innovation division.
How does Cambridge Consultants make money?
It operates on a fee-for-service model, charging clients for design, engineering, and scientific work. The firm disclosed global revenue of £145 million (per its Japan branch filing, 2024). Critically, it assigns all project IP to clients upon completion and does not take royalties, licensing fees, or equity stakes in the products it builds.
Does Cambridge Consultants take equity stakes in client companies?
No. The firm explicitly states it does not retain ownership of project output. It transfers all patents, designs, and regulatory documentation to the client. Even for technologies that later become valuable stand-alone businesses, the firm takes no equity, making its model distinct from that of a venture studio or corporate venture arm.
What kind of clients does Cambridge Consultants work with?
The firm works with both large multinationals and ambitious start-ups. Public client examples include the LEGO Group, which used the firm's engineering and design capabilities to launch LEGO SMART Play in 2024. It also co-publishes whitepapers with institutional investors like IFM Investors and the Microsoft Climate Innovation Fund on infrastructure technology topics.
How many people work at Cambridge Consultants and where are they located?
The firm has more than 900 employees globally, roughly 90% of whom are engineers, scientists, designers, or consultants. It maintains physical offices with labs and design studios in Cambridge (UK headquarters), Boston, Singapore, and Tokyo.
How is the former spin-out activity structured at the firm?
Cambridge Consultants does not operate a formal venture studio program. Its spin-outs occur organically when client products become successful stand-alone companies. The firm claims credit for contributing to three billion-dollar companies in the Cambridge cluster, but all IP and equity in these ventures belong to clients, not the firm.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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