# Cambridge Consultants

Cambridge Consultants is an other based in Cambridge, United Kingdom.

## Overview

- **Organization type:** other
- **Headquarters:** Cambridge, United Kingdom
- **Region:** Europe
- **Address:** 29 Cambridge Science Park, Milton Road, Cambridge, CB4 0DW, United Kingdom
- **Founded:** 1960
- **Assets under management:** Undisclosed
- **Website:** cambridgeconsultants.com
- **LinkedIn:** https://www.linkedin.com/company/cambridge-consultants

## Regulatory record

- **Reports private funds:** No

## About

Cambridge Consultants is the deep tech powerhouse of Capgemini. The firm does extraordinary, new-to-the-world deep tech innovation, harnessing radical science and engineering so clients gain commercial advantage from defendable technology they own. It works with clients to create technologies, services and products that have never been seen before and that transform business, society and the planet.

## Sectors

- AI/ML
- SpaceTech
- Infrastructure
- Industrial Tech
- Healthcare
- AgTech
- Defense
- Quantum Computing

## Offices

- Boston, MA, United States
- Singapore
- Tokyo, Japan

## People

- Richard Traherne — CEO
- Lai Chiu Tang — Head of Design, Medical Technology
- Demian Till — Senior AI engineer

## Questions

### 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.

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Last updated: 2026-08-11T15:06:20.694Z

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