The Venture Codex Logo

The Venture Codex

1818 Venture Capital

Upper House, Smith Street, St Peter Port, GY1 2JQ, Guernsey

Overview

1818 Venture Capital invests in early-stage UK and Middle East-based fintech companies.

Total investments
24
Lead investments
6
Investments · 12mo
4
Active investors
2

Sector focus

  • Venture Capital
Visit website

Investment portfolio

  • Kudwa

    Participated · Equity · Mar 2026

    Kudwa builds an AI-powered finance intelligence platform that integrates with ERP, accounting, and operational systems to deliver real-time financial planning and analysis. Its platform provides data pipelines, forecasting models, intelligent dashboards, scenario planning tools, and AI-driven explanations of "what changed and why" across entities. The company was founded in 2023 by Karl Nasr and Sam Arif and is described as UAE–USA-based. Kudwa plans to expand integrations and scale go-to-market efforts across multiple geographies. The startup announced $1.1 million in funding in March 2026 to accelerate product development and expansion. The articles do not disclose revenue, users, or prior financing rounds.

  • DataWollet

    Led · Seed · Mar 2026

    DataWollet positions itself as the UK’s first full-spectrum Open Finance platform, tackling the fragmentation of customer data, manual compliance workflows and friction-filled user journeys that persist across financial services. Its core product offers a single API gateway that instantly aggregates consumer financial data, extending the capabilities of traditional open-banking solutions into broader open-finance use cases. The platform is powered by proprietary neuro-symbolic AI, which blends machine-learning with transparent reasoning to deliver actionable insights while maintaining regulatory clarity. Early traction and the breadth of potential applications were cited by investors as key validation points. Fresh capital will be channelled into accelerating commercial expansion, deepening strategic partnerships, and advancing the underlying AI technology. Founder Jen Lothian emphasises that the funding will “supercharge” product development and support a go-to-market push. Public figures, including the UK Secretary of State for Wales, have highlighted the company’s role in bolstering the region’s fintech and AI sectors.

  • Sidekick

    Participated · Series A · Feb 2026

    Founded in 2022, Sidekick offers a modern wealth-management platform aimed at professionals whose financial needs have outgrown entry-level investing apps. The service combines low-cost public-market investing, customised portfolios, private-market opportunities and Lombard loans secured against customers’ portfolios—products historically reserved for private banks. Sidekick’s managed strategies include offerings such as the All Weather portfolio, while its Multi Shield Savings product spreads cash across multiple partner banks to maximise FSCS protection. The company claims to manage more than £145 million in customer assets, underscoring demand for greater transparency and control among affluent professionals. Fees are presented transparently and clients receive guidance from in-house financial experts. With fresh capital, Sidekick plans to scale its product suite, grow headcount and expand operations in Cardiff while continuing to build out its technology platform.

  • Theodosian

    Participated · Seed · Oct 2025

    Theodosian is a UK cybersecurity startup building a “second-layer” defence that embeds encryption and granular, per-file permissions directly into documents. Its platform attaches a persistent data-protection layer that travels with each file, performing 20–30 compliance-aligned checks and continuously verifying access rights. The technology is designed to help organisations meet multiple regulatory frameworks, including upcoming UK Defence Cyber Certification (DCC) and US Cybersecurity Maturity Model Certification (CMMC) standards. Founded by practitioners with more than a decade of experience in defence, intelligence, banking and healthcare, Theodosian aims to ensure sensitive data remains protected regardless of where it is stored or shared. Recent funding is earmarked to complete version 1 of the product and begin commercial scaling. No operating metrics such as revenue or user numbers were disclosed in the article.

  • Laka

    Participated · Series B · Jul 2025

    Founded in 2017 by Ben Allen, Jens Arne Hartwig and Tobias Taupitz, Laka has built a pan-European platform that replaces fixed-premium models with a collective approach in which riders pay only the actual cost of claims each month, capped at a percentage of their equipment’s value. Its technology stack handles advanced claims processing, recovery and replacement services, and supports embedded insurance partnerships with brands such as Decathlon, Brompton and Gazelle. Starting as a niche cycling insurer, the company now targets the broader micromobility market, aligning with Europe’s push toward sustainable transport. Laka differentiates itself from traditional insurers like Aviva, Allianz and AXA, as well as specialists such as Bikmo and Sundays, through its transparency-driven pricing model. Future growth will be driven by European expansion and a disciplined M&A strategy; in the past two years it acquired Luko’s e-scooter insurance assets, CoverCloud’s bike insurance renewal rights and French broker Cylantro. The company aims to consolidate a fragmented sector that is projected to reach £140 billion in value by 2030. No revenue or user figures were disclosed in the article.

Team