So perhaps you could start by explaining the relationship between Parkwalk and IP Group, and in particular, where they play in terms of funding UK tech startups.

So Wakely Group itself is a very large, multi-stage focused investment company in the UK, focused particularly around science and technology style investments out of UK universities.

So we back things which have unique science propositions, things that are 10x better, all of a magnitude better, across the whole spectrum of technologies, but with a particular focus in future compute, silicon and the like, which I think is of interest to your audience.

The group is deliberately structured to be able to help investors to be able to invest across multiple stages.

So Parkwalk is part of IP group and invest across a very broad range of opportunities across the UK.

So ranging from Oxford, Cambridge, Bristol, right across the whole country.

investing in the earliest of stages of really interesting tech-heavy businesses.

Is it just warm fuzzies where we say, well, this person really is the real deal and is totally passionate and has the conviction to see this through? How do you gauge that?