As part of a series of interviews with leading venture investors and developers, Andrew Gaule, founder of the H-I Network and Corporate Venture Senior Executive Forum, talks to Stephen Lake, managing partner of Cody Gate Ventures.

Gaule: Briefly descibe your fund: when it was formed, size, funds deployed and
business focus.

Lake: Cody Gate Ventures (CGV) was formed in August 2007. We have £110m ($177m) under management. Our focus in the near term is to grow and exit the portfolio of seven companies we spun out of QinetiQ into CGV with the financing help of Coller Capital.

We do not have a set sector focus, but common themes are intelligent infrastructure, security (including energy security)…