Welsh business angel network Xénos has teamed up with Inngot an “innovation directory” that helps companies record, promote and value their intellectual property (IP) and intangible assets.
The partnership means that Xénos member companies will now be able to use Inngot’s services to help them build a fuller picture of their IP and understand its value in a fundraising context. Inngot recently launched its services nationwide, following successful pilots in Wales and the South-East of England.
The provides directory is aimed at organisations seeking to define and value their IP and other intangible assets. Clarity on the existence, ownership and worth of these assets is particularly critical for early stage businesses seeking equity funding from investors.
Commenting on the partnership Martin Brassell, co-founder and CEO of Inngot said “IP is at the heart of most early stage investment decisions, so it is vital for investors to understand a potential investee company’s IP and how it contributes to the company’s worth.”