# Touchstone Innovations

Touchstone Innovations is a Private Equity based in London, United Kingdom.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Founded:** 1986
- **Assets under management:** Undisclosed
- **Website:** touchstoneinnovations.com
- **LinkedIn:** https://www.linkedin.com/company/touchstone-innovations

## Regulatory record

- **Reports private funds:** No

## About

Touchstone Innovations is a venture capital firm based in London, United Kingdom. Founded in 1986, it focuses on supporting science and technology-based businesses in life sciences, deeptech, and cleantech. The firm provides funding, portfolio management, and strategic assistance to its portfolio companies.

## Sectors

- Enterprise Software
- AI/ML
- Digital Health
- Industrial Tech
- ClimateTech

## People

- Russ Cummings — CEO

## Questions

### How is Touchstone Innovations structured within IP Group?

Touchstone operates as a wholly owned subsidiary of IP Group plc, a publicly traded intellectual-property commercialization company on the London Stock Exchange. IP Group acquired the firm in 2017 and has since integrated its operations while maintaining Touchstone's distinct brand and Imperial College focus. This gives Touchstone permanent capital and listed-company governance, rather than a traditional venture-fund lifecycle.

### Who makes investment decisions at Touchstone Innovations?

Russ Cummings serves as CEO and leads the investment team from London. Decision-making authority sits with the Touchstone management team, operating within the broader IP Group capital-allocation framework. The team draws heavily on Imperial College's academic community for technical due diligence on prospective investments.

### What are Touchstone Innovations' most notable portfolio exits?

Oxford Nanopore Technologies represents the firm's highest-profile success — the DNA-sequencing company listed on the London Stock Exchange in 2021. Other notable holdings include Ceres Power, a fuel-cell technology company, and Featurespace, a real-time fraud-detection platform. The portfolio spans life sciences, cleantech, engineering, and deep technology.

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Last updated: 2026-06-03T20:00:00.000Z

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