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19 Nov 2024

Why CPI Partnered with EverQuest Capital Partners
CPI exists to accelerate the development and commercialisation of transformative technologies. From HealthTech to energy storage, advanced materials to sustainable food production, CPI has spent years building world-class facilities and deep technical expertise to help innovative UK businesses turn bright ideas into market-ready solutions. But technical support alone isn't always enough. To truly accelerate commercialisation, businesses also need the right financial backing at the right time — and that's exactly why CPI partnered with EverQuest Capital Partners.
Bridging the gap between innovation and investment
One of the most common barriers facing deep tech SMEs isn't a lack of innovation — it's a lack of access to investors who truly understand the complexity of what they're building. EverQuest Capital Partners was founded specifically to address this gap. With over 30 years of venture capital experience and a proven track record of successful investments and exits, EverQuest brings the financial firepower and industry knowledge that deep tech businesses need to scale.
By partnering with EverQuest, CPI can now connect the high-potential businesses it works with to a source of capital that not only understands their technology, but actively wants to champion it.
A more powerful proposition for UK SMEs
What makes this partnership distinctive is what it offers beyond funding. Businesses that engage with EverQuest Capital Partners through this partnership gain access to CPI's cutting-edge laboratories, pilot-scale facilities, and expert guidance across multiple disciplines. This means startups and scale-ups can continue refining and validating their technology whilst simultaneously securing the investment they need to grow — significantly shortening the road to commercialisation.
Frank Millar, CEO at CPI, explains the thinking behind the partnership: "We are excited to partner with EverQuest Capital Partners in launching this unique fund, supporting their commitment to driving investment in deep-tech businesses and enabling advanced manufacturing technologies to become market-ready solutions. Advanced manufacturing is proven not only to change the way we design and manufacture, making UK businesses more competitive, it can also provide solutions to industrial challenges by decarbonising industry and reducing dependence on global supply chains."
Targeting the UK's most critical industries
CPI's decision to partner with EverQuest was also driven by strategic alignment. EverQuest's focus on healthcare, semiconductors, renewable energy, and automotive mirrors CPI's own areas of expertise and the sectors where the UK needs to build resilience most urgently. Whether it's healthcare innovations that relieve pressure on the NHS, semiconductor technologies underpinning future digital infrastructure, or renewable energy breakthroughs supporting the UK's net zero ambitions, both organisations are working toward the same outcomes.
Stephane Mery, Partner at EverQuest Capital Partners, captures this shared vision: "We want to help companies with bright ideas realise their potential and open doors for them that will accelerate those products and processes to market. This partnership means we aren't just bringing financial benefit — we're also able to give companies access to some of the best technical people in the country as well as state-of-the-art equipment to test and hone their ideas."
A partnership built for the moment
The UK is at a pivotal point. The shift toward a circular economy, the pressure to decarbonise industry, and the need to reduce dependence on global supply chains all demand a new kind of support for innovative businesses. CPI's partnership with EverQuest Capital Partners is designed precisely for this moment — combining technical excellence with smart, experienced investment to give the UK's most promising deep tech companies the best possible chance of success.