The Pre-IPO Exchange

From validation
to PIPExchange.
From Exchange to IPO.

PIPExchange is the fifth and final stage of the Lab to IPO Pathway — a structured Pre-IPO Exchange where Protégé Companies are listed, providing access to unlimited subsequent funding rounds on the path to full IPO.

Access the Pipeline →List a Company
What is PIPExchange?

The structured exit pathway
from the PIPE Ecosystem.

PIPExchange — the Pre-IPO Exchange — is the final stage of the PIPE Lab to IPO Pathway, where companies that have successfully completed the five-stage incubation process are listed for ongoing investment.

Unlike traditional Pre-IPO platforms, companies listed on PIPExchange have already been through rigorous TRL validation, commercial structuring, Associate-led venture development, and initial capital deployment — meaning they arrive on the Exchange genuinely investment-ready.

PIPExchange provides the mechanism for unlimited subsequent funding rounds, structured liquidity, and the final steps towards full public listing.

Stage 5
The fifth and final stage of the Lab to IPO Pathway
No upper limit on funding rounds via PIPExchange
100%
Of listed companies have completed full QED validation
IPO
Full public listing as the ultimate pathway endpoint
How PIPExchange Works

A structured pathway
to public markets.

1

Protégé Company Qualification

Only companies that have successfully completed all five stages of the Lab to IPO Pathway — Disclose & Validate, Evaluate, Launch, and Fund — are eligible for PIPExchange listing. This ensures every listed company has been rigorously validated, commercially structured, and operator-backed.

2

Listing Documentation & Governance

PIPE manages the preparation of listing documentation — including audited financials, IP schedules, governance structures, and investor information memoranda — in collaboration with the Protégé Company's board and PIPE Associates.

3

Investor Access & Funding Rounds

PIPExchange-listed companies are made available to the full PIPE Investor Network — including institutional investors, family offices, and sophisticated private investors — for structured, transparent funding rounds with no upper limit.

4

Ongoing Governance & Support

PIPE continues to provide board observation, IP management, licence oversight, and strategic support to PIPExchange companies — maintaining alignment between the university, researchers, Associates, and investors throughout the post-listing period.

5

Full IPO

The endpoint of the Lab to IPO Pathway is full public listing — on relevant stock exchanges including AIM, Nasdaq, or other appropriate markets. PIPE supports the IPO preparation process and maintains stakeholder alignment through to listing and beyond.

For Investors

Why PIPExchange-listed companies
are different.

Fully Validated

Every company on PIPExchange has completed rigorous QED stage-gates — TRL-validated, commercially structured, and peer-reviewed. No speculative listings.

⚙️

Operator-Backed

PIPE Associates remain active throughout the PIPExchange lifecycle — providing operational accountability, domain expertise, and governance that protects investor interests.

📋

Transparent Documentation

Full QED validation history, milestone records, and governance decisions are available to investors — immutably recorded on-chain and auditable at any stage.

Join the Investor Network → Explore the gDAO Launchpad →

Build a company worthy
of the Exchange.

Start the Lab to IPO journey today — from disclosure through to PIPExchange listing and, ultimately, full IPO.

Submit an Innovation →Partner as a University →