List of Seed/Series A+ investors in London (part 1)

Jenny Judova
9 min readApr 12, 2019

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At the end of 2018 I put together 5 lists on Twitter of over 100 VC firms based in London working across the pre-seed to Series A+ categories. The original blog post did harness some interest so this will be a series of 6 articles going into detail and listing all the funds within each category. This is Part 5 that focuses on funds that offer Seed as well as Series A, B, C etc investment, because of the number of such funds the article will be divided into 2 parts.

Here is the rest of the series:

Seed/Series A Funds

01 Ventures

Official description: As a deep tech fund they focus on powerful themes, writing the next chapter of the story of humanity. They think bold is better and crazy is crucial to push the envelope of deep technology. They let Europe’s brightest minds focus on the thinking, while they roll their sleeves up and work to clear the path for growth. (via Crunchbase)

How they are viewed: They had no deals done since Sep 6, 2017.

Conditions they invest under: They invest into startups raising between 1.5M and 2.5M.

What are they looking for: Deep tech

Portfolio companies: 4

Accelerated Digital Ventures (ADV)

Official description: ADV is a patient venture investment engine. Its team are entrepreneurs and operators who have learnt the hard lessons and want to pay them forward. Currently investing £150M, ADV takes the long view of business building, investing across the funding lifecycle of startups, scaleups and ‘scalebigs’. ADV champions the innovators — the people who build complex, technical, generation-defining businesses. ADV’s investors are British Business Bank, Legal & General and Woodford Investment Management. (via Crunchbase)

Money they have (how big is the fund): £150M

Conditions they invest under: Startups raising between 1.2M and 8.5M

Portfolio companies: 25

Albion Capital

Official description: Albion typically invests £2–5m for a minority stake Series A and early Series B. They support outstanding entrepreneurs who have demonstrated product-market fit, a clear go to market strategy and long term differentiation in a growth market.

They look at most sectors, with a particular focus on digital B2B companies — enterprise software and technology services — across a broad range of sectors, including digital health, cybersecurity, martech and fintech. Companies that benefit from macro themes around disruption, digital transformation, and the trend towards a data-driven economy are particularly attractive.

They also invest in companies commercialising IP from University College London via the UCL Technology Fund. (via Crunchbase)

Money they have (how big is the fund): £202M

Conditions they invest under: Invest in companies raising between 1M and 20M

What are they looking for: Healthcare

Portfolio companies: 108 including 14 exits

Alma Mundi Ventures

Official description: Alma Mundi Ventures is a Venture Capital firm focused on technology-based companies, with a primary emphasis on B2B business models that are raising their series A or B rounds. We invest between 500K and 5M in each company through our fund Alma Mundi Innvierte Fund FCRE.

Our headquarters are in Madrid but we also have operational presence in Barcelona, London and New York. Our investors come from a broad range of locations including London, New York, San Francisco, Paris, Amsterdam, Stockholm, Geneva, Barcelona and Madrid. We also have extensive experience in emerging economies, particularly in Asia and Latin America.

We look for entrepreneurs with differentiated/patented technology solutions that seek to disrupt existing business models. Our broad industry knowledge, hands on approach, global relationships and access to the Mundi Club bring value to our entrepreneurs thereby accelerating their growth.

We invest in founders and we particularly like Spanish founders abroad, foreign founders in Spain, foreign founders with engineers in Spain and Spanish founders based across the entire geography in Barcelona, Madrid, San Sebastian, Málaga, Bilbao, Sevilla and Santiago. (via Crunchbase)

Conditions they invest under: companies raising between $1M to $13.8M

What are they looking for: Spanish founders

Portfolio companies: 21 companies, and 1 exit Qumram

Angel CoFund

Official description: The Angel CoFund (ACF) is a UK based venture capital fund that co-invests alongside syndicates of sector-smart Angel investors, to fund and scale some of the best high-potential early-stage businesses. The Angel CoFund (ACF) is an active co-investment fund that seeks to achieve consistent returns by partnering with experienced syndicates of angel investors to help fund and scale early-stage businesses. (via Crunchbase)

Money they have (how big is the fund): £100M

What are they looking for: companies raising between 800K to 28.5M

Portfolio companies: 86, 7 exits

BGF Ventures (Business Growth Fund)

Official description: Business Growth Fund was set up in 2011 to offer growing companies and ambitious entrepreneurs patient capital and strategic support. Today, they are the UK and Ireland’s most active investor in small and medium-sized companies. An established and independent company, they have £2.5bn to support a range of growing companies — early stage, growth stage and quoted — across every region and sector of the economy. Hundreds of companies are using their equity capital investments to accelerate growth.

With 14 offices, they are close and relevant to the businesses they invest in. They have grown to a team of 150+ and a network that’s made up of one of the largest pools of board-level executives. Collectively, the companies in their portfolio employ close to 50,000 people. They want to see more entrepreneurs using their capital not only to scale-up their own business but also, collectively, to drive economic activity and with it increase employment, exports and growth. (via Crunchbase)

Money they have (how big is the fund): $597.3M

Conditions they invest under: They invest into startups raising between £2M to £39M between Seed and Series E.

Portfolio companies: 280+, including 39 exits

BlueYard Capital

Official description: BlueYard is a small venture capital firm that takes risks on great people with transforming ideas at early stages. (via Crunchbse)

Money they have (how big is the fund): $240M

Conditions they invest under: Startups raising between 3M and 19M

What are they looking for: Decentralised markets.

Portfolio companies: 14

Newsletter: But they have a Medium blog.

Connect Ventures

Official description: Connect Ventures is a venture capital firm specialized in investments in seed, startup, series A, and early-stage companies. They are passionate about the power of product to transform people’s lives, on a massive scale. They fundamentally believe that products made with love and loved by many are crucial factors for success and scale. So they have created a distinctive VC firm that is singularly focused on Founders who are instinctive about product.

They are a lean, collegial and partner-driven firm. Yes or no, right or wrong, fit or unfit. It’s binary. All in. They are here to work for their Founders. Only they can build the business. Their role is to be the ones they can rely on. To give them tough love, hard truths and solid backup. Their promise is to enable them to realise theirs. (via Crunchbase)

Money they have (how big is the fund): $91.8M

Conditions they invest under: $450K smallest ticket and $1.8M largest ticket. Companies they invest into are raising between £1.5M and £8M.

What are they looking for: Fintech

Portfolio companies: 44, 7 exits.

EC1 Capital

Official description: EC1 Capital is an investment fund that invests in early stage internet related software companies.

EC1 Capital has an initial investment range of between £50k-£1m in seed, post seed and Series A participation rounds.

EC1 Capital is run by an entrepreneur and they like to mentor, connect and contribute to their portfolio companies in any way they can so that everyone has a successful outcome.

EC1 Capital is based in the EC1 area of London, otherwise known as ‘Tech City’ and has a preference to invest in the UK, specifically London, Dublin and Edinburgh. (via Crunchbase)

Conditions they invest under: companies raising between £1M and £6.5M

Portfolio companies: 13

Episode 1

Official description: Episode 1 Ventures invests in seed and Series A rounds of up to £2m in software-driven businesses with the potential to transform industries. They’ve been entrepreneurs theirselves so provide a frank and fast approach to investing and they like to play a very hands-on supportive role in growing the businesses they back. They look for entrepreneurs with relevant experience ambitious to change their sector. They like to see that they can hire world-class talent and delegate to them effectively, and that they really know the customers and understand the problem. They also like entrepreneurs that are data-driven. But above all they like people with passion and ambition, that can execute at speed and overcome significant hurdles along the way. (via Crunchbase)

Money they have (how big is the fund): £97.5M

Conditions they invest under: Companies raising between £1M and £9M

Portfolio companies: 28

Finch VC

Official description: Finch Capital (formerly Orange Growth Capital) is a venture capital firm investing in early stage companies.

We are thematic investors focusing on technology-enabled innovation bringing about the transformation of the financial services sector.

We have made 25 investments in leading financial technology & AI businesses across the Netherlands, UK, Ireland, Poland DACH, Spain and Indonesia. (via Crunchbase)

Money they have (how big is the fund): €130M

Conditions they invest under: Companies raising between £380K and £13M.

What are they looking for: Fintech, insurtech

Portfolio companies: 26, 4 exits

Forward Partners

Official description: Forward Partners is an early stage VC based in London, investing in Applied AI, ecommerce and marketplace startups. The team offer entrepreneurs a unique model which combines funding with deep operational expertise to supercharge businesses and help them to execute with the skill and pace required to succeed. (via Crunchbase)

How they are viewed: A VC that makes itself accessible to startups, including pre-seed and seed level founders. They are usually the first VC most startups will discover.

Money they have (how big is the fund): $84.4M

Conditions they invest under: Companies raising between 300K to 44M.

Portfolio companies: 40, including 8 exits

Twitter: Matthew Bradley & Nic Brisbourne

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If you feel like I missed a vc please do flag it up in the comments :) or DM me via twitter @JennyJudova.

If you want to meet VC’s check out TechHub’s Investor Coffee Mornings

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Jenny Judova

Software Engineer. Previously I was a founder, then I worked for startups, then I looked after the ecosystem for possibly the best London startup hub. Dyslexic.