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- Tasks: Lead Series A fundraising and build strategic partnerships in the XR industry.
- Company: Innovative Cambridge-based deep tech startup revolutionising optical technology.
- Benefits: Competitive salary, equity options, performance bonuses, and generous holiday.
- Why this job: Join a groundbreaking team and shape the future of XR technology.
- Qualifications: Proven fundraising experience and strong investor network in deep tech.
- Other info: Dynamic role with significant growth potential in a fast-paced environment.
The predicted salary is between 70000 - 80000 £ per year.
Director of Business Development (Fundraising) Cambridge-Based Deep Tech Startup | Nanophotonics & XR Technology £70,000 – £80,000 base + up to 2% equity + performance bonus Full-time | Cambridge (4-5 days/week on-site preferred) About Our Client Our client is a Cambridge University spin-out at the forefront of breakthrough optical technology that\’s set to revolutionize the Extended Reality (XR) industry. Backed by leading VCs and Innovate UK, they\’ve recently closed a successful seed round and are now preparing for Series A in Q2 2025. This is a brand-new, strategic hire reporting directly to the CEO. Your primary mission in Year 1 is to lead and close the Series A fundraise by Q2 2025, while building foundations for long-term business development and revenue growth. The Role You\’ll be the driving force behind investor engagement, pitch strategy, and deal execution—working closely with the founding team to secure the funding that will scale this technology to market. Key Responsibilities * Own the Series A process end-to-end: pitch deck refinement, financial modelling, investor targeting, outreach, meetings, due diligence, and closing * Build and manage investor pipeline and CRM * Craft compelling narratives that communicate deep tech value to non-technical investors * Leverage founder\’s VC network while bringing your own connections and sourcing new opportunities * Prepare all investor materials, data room, and board reporting * Target close: Q2 2025 Business Development & Partnerships * Identify and develop strategic partnerships with AR/VR hardware companies, automotive OEMs, and other enterprise customers * Support commercial discussions with existing and prospective partners * Build qualified pipeline for future revenue growth * Represent the company at industry events, investor forums, and customer meetings Essential Experience * Proven track record leading Series A, B, or C fundraises (ideally having personally closed £5M+ rounds) Deep tech or hardware startup experience (optics, photonics, semiconductors, XR/AR/VR, robotics, or similar technical domains) Strong existing investor network in UK/EU venture capital Ability to translate complex technical innovation into compelling investment narratives Experience managing end-to-end fundraising process including pitch refinement, financial modelling, due diligence, and term sheet negotiation Self-starter mentality – comfortable owning outcomes in an early-stage, fast-moving environment What\’s On Offer * £70,000 – £80,000 base salary * 1-2% equity – significant upside in a company with genuine breakthrough technology * Performance-based bonus (tied to fundraising milestones and partnership achievements) * 25 days holiday + bank holidays * Ground-floor opportunity in a business with established partnerships and clear path to market * Work alongside world-class technical founders from Cambridge\’s Centre for Photonic Devices and Sensors * Cambridge location – heart of the UK\’s deep tech ecosystem (4-5 days/week on-site preferred, 1-2 days WFH flexibility available)
Director of Business Development (AR/XR) employer: Lynx Recruitment Ltd
Contact Detail:
Lynx Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Business Development (AR/XR)
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, meetups, and conferences related to AR/XR and deep tech. The more you network, the better your chances of landing that dream job.
✨Perfect Your Pitch
When you get the chance to speak with potential employers or investors, make sure you have a killer pitch ready. Highlight your experience in fundraising and how you can drive their business forward. Remember, confidence is key!
✨Leverage Your Connections
Don’t hesitate to reach out to your existing network for introductions to decision-makers in companies you're interested in. A warm introduction can make all the difference in getting your foot in the door.
✨Stay Updated on Industry Trends
Keep yourself informed about the latest developments in the XR and deep tech space. This knowledge will not only help you in interviews but also show potential employers that you're genuinely passionate about the field.
We think you need these skills to ace Director of Business Development (AR/XR)
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Director of Business Development role. Highlight your experience in fundraising and deep tech, and don’t forget to mention any relevant connections you have in the VC world!
Showcase Your Achievements: When detailing your past experiences, focus on specific achievements, especially those related to leading successful fundraises. Numbers speak volumes, so if you've closed significant rounds, make that clear!
Craft a Compelling Narrative: Remember, you’ll need to communicate complex tech concepts to non-technical investors. Use your application to demonstrate how you can translate deep tech value into engaging stories that resonate with potential backers.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to keep track of your application and ensure it gets the attention it deserves. We can’t wait to hear from you!
How to prepare for a job interview at Lynx Recruitment Ltd
✨Know Your Tech Inside Out
Make sure you understand the deep tech landscape, especially in optics and XR. Brush up on the latest trends and breakthroughs in these areas so you can confidently discuss how your experience aligns with the company's mission.
✨Craft Your Pitch Perfectly
Since you'll be leading the Series A fundraising, prepare a compelling narrative that translates complex technical concepts into relatable stories for investors. Practice your pitch deck and be ready to answer tough questions about financial modelling and due diligence.
✨Leverage Your Network
Bring your existing investor connections to the table. Be prepared to discuss how you can tap into your network to secure funding and partnerships. Highlight any previous successes in fundraising that demonstrate your ability to close deals.
✨Showcase Your Self-Starter Attitude
This role requires a proactive mindset. Share examples from your past where you've taken initiative in fast-paced environments. Emphasise your ability to own outcomes and drive results, which is crucial for a startup setting.
