Associate Fellow, Energy, Environment and Resources

Contact information


Dr. Ilian Iliev is a serial entrepreneur and VC investor with a strong interest in innovation and entrepreneurship policy.

Ilian is managing director of EcoMachines Ventures, a London-based industrial-high VC fund that he founded in 2013.

Previously he co-founded and was CEO of CambridgeIP Ltd (2006-2012), which he built into a leading technology strategy player in the innovation space.

In the 1990s he founded and led a 100-person family business in Southern Africa in the medium and high voltage space.

Ilian holds a PhD from Cambridge University’s Judge Business School, focused on Venture Capital business models in emerging economies; MCom in Economics, and BA in Politics, Economics and International Relations from the University of Witwatersrand, where he was voted Best Political Science Student in South Africa in 1997.

He has published and research issues in the energy and cleantech space, innovation finance and innovation policy.

Areas of expertise

  • Venture capital/innovation finance/risk finance
  • Industrial, innovation and entrepreneurship policy
  • Patents and technology
  • Emerging technologies and value chains in Robotics, AI, IoT

Past experience

2013-presentManaging director, EcoMachines Ventures 
2006-12CEO, CambridgeIP (remaining as director)
2004-08Strategy and leadership development programme, Judge Business School, Cambridge University
2005-07Board advisor on innovation, strategy, leadership development,  Allen & Overy LLP
2001-14PhD programme, Judge Business School, Cambridge University
1996-2001Managing director, Satipimpex (South Africa)