What is 1624?

1624 was the year of the enactment of the Statute of Monopolies, a revolutionary Act of the English Parliament that created the modern system of Patents. Under the new system instituted under King James I, Patents would be granted for "projects of new invention." Prior to 1624, there was no administrative oversight, no judicial review and effectively no actual law concerning Patents.

The name 1624 Capital pays homage to the spirit of the Statute of Monopolies. We believe that inventors ought to be on a level playing field in their pursuit of just compensation for their inventions.

Intellectual Property is a specialized area of law, with its own procedural rules and its own language.  1624 is uniquely equipped to work with patent holders to monetize patents due to its deep understanding of the Reexamination and post-grant proceedings before the USPTO, the America Invents Act, ITC proceedings, and the Federal Circuit’s stance on damages/royalties.  We help guide you through all steps of monetization—from due diligence through litigation, licensing or sale.

Please submit your new inquiry to info@1624capital.com.

1624 is focused on the following areas of technology:

  • Consumer products
  • Biotechnology/pharma
  • Industrial/construction
  • Medical devices
  • Computer hardware/electronics
  • Business/consumer services
  • Software
  • Automotive/transportation
  • Chemical/synthetic materials
  • Telecommunications