Overview
Venture capital firm supporting early-stage B2B software and healthcare.
Founded
2004
Deals · 12mo
17
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Outerlimit | Sep 2026Participated | $16 MSeed | |
Oshen | Aug 2026Participated | $5 MOther Equity | |
Callosum | Aug 2026Participated | $100 MSeed | |
Gridcog | Jul 2026Participated | $10 MSeries A | |
geoSurge | Jul 2026Led | $12 MSeed | |
Gaussion | Jun 2026Led | $28 MOther Equity | |
Flok Health | Jun 2026Led | $13 MSeries A | |
Elliptic | May 2026Participated | $120 MSeries D | |
OpenTrade | May 2026Participated | $17 MOther Equity | |
Firenze | Apr 2026Led | $8 MOther Equity | |
Kinfolk | Feb 2026Led | $7 MSeed | |
tem. | Feb 2026Participated | $75 MSeries B | |
Outerlimit | Sep 2026Participated | $16 MSeed | |
Oshen | Aug 2026Participated | $5 MOther Equity | |
Callosum | Aug 2026Participated | $100 MSeed | |
Gridcog | Jul 2026Participated | $10 MSeries A | |
geoSurge | Jul 2026Led | $12 MSeed | |
Gaussion | Jun 2026Led | $28 MOther Equity | |
Flok Health | Jun 2026Led | $13 MSeries A | |
Elliptic | May 2026Participated | $120 MSeries D | |
OpenTrade | May 2026Participated | $17 MOther Equity | |
Firenze | Apr 2026Led | $8 MOther Equity | |
Kinfolk | Feb 2026Led | $7 MSeed | |
tem. | Feb 2026Participated | $75 MSeries B |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 16 | 8 |
| Series A | 25 | 11 |
| Series B | 2 | 13 |
| Series C+ | 0 | 8 |
| Other Equity | 13 | 11 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Jul '17 | 1 |
| Aug '17 | 0 |
| Sep '17 | 0 |
| Oct '17 | 0 |
| Nov '17 | 1 |
| Dec '17 | 0 |
| Jan '18 | 0 |
| Feb '18 | 0 |
| Mar '18 | 0 |
| Apr '18 | 0 |
| May '18 | 1 |
| Jun '18 | 3 |
| Jul '18 | 0 |
| Aug '18 | 2 |
| Sep '18 | 1 |
| Oct '18 | 4 |
| Nov '18 | 0 |
| Dec '18 | 1 |
| Jan '19 | 1 |
| Feb '19 | 0 |
| Mar '19 | 0 |
| Apr '19 | 2 |
| May '19 | 0 |
| Jun '19 | 1 |
| Jul '19 | 1 |
| Aug '19 | 1 |
| Sep '19 | 1 |
| Oct '19 | 1 |
| Nov '19 | 0 |
| Dec '19 | 0 |
| Jan '20 | 2 |
| Feb '20 | 1 |
| Mar '20 | 0 |
| Apr '20 | 2 |
| May '20 | 0 |
| Jun '20 | 0 |
| Jul '20 | 1 |
| Aug '20 | 0 |
| Sep '20 | 1 |
| Oct '20 | 0 |
| Nov '20 | 2 |
| Dec '20 | 1 |
| Jan '21 | 0 |
| Feb '21 | 3 |
| Mar '21 | 1 |
| Apr '21 | 0 |
| May '21 | 3 |
| Jun '21 | 1 |
| Jul '21 | 2 |
| Aug '21 | 1 |
| Sep '21 | 0 |
| Oct '21 | 1 |
| Nov '21 | 0 |
| Dec '21 | 1 |
| Jan '22 | 0 |
| Feb '22 | 1 |
| Mar '22 | 1 |
| Apr '22 | 1 |
| May '22 | 0 |
| Jun '22 | 2 |
| Jul '22 | 2 |
| Aug '22 | 2 |
| Sep '22 | 2 |
| Oct '22 | 1 |
| Nov '22 | 3 |
| Dec '22 | 0 |
| Jan '23 | 1 |
| Feb '23 | 0 |
| Mar '23 | 2 |
| Apr '23 | 1 |
| May '23 | 0 |
| Jun '23 | 1 |
| Jul '23 | 1 |
| Aug '23 | 1 |
| Sep '23 | 0 |
| Oct '23 | 1 |
| Nov '23 | 1 |
| Dec '23 | 0 |
| Jan '24 | 1 |
| Feb '24 | 0 |
| Mar '24 | 2 |
| Apr '24 | 1 |
| May '24 | 0 |
| Jun '24 | 0 |
| Jul '24 | 1 |
| Aug '24 | 1 |
| Sep '24 | 3 |
| Oct '24 | 1 |
| Nov '24 | 1 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 1 |
| Mar '25 | 0 |
| Apr '25 | 1 |
| May '25 | 1 |
| Jun '25 | 4 |
| Jul '25 | 0 |
| Aug '25 | 1 |
| Sep '25 | 1 |
| Oct '25 | 2 |
| Nov '25 | 2 |
| Dec '25 | 0 |
| Jan '26 | 1 |
| Feb '26 | 3 |
| Mar '26 | 0 |
| Apr '26 | 1 |
| May '26 | 2 |
| Jun '26 | 2 |
| Jul '26 | 2 |
| Aug '26 | 2 |
| Sep '26 | 1 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| AI & Machine Learning | 37 |
| Enterprise Software | 30 |
| Health & Life Sciences | 27 |
| Fintech | 25 |
| Data, Analytics & IT | 22 |
| Professional Services | 22 |
| Networks, Cloud & Communication | 11 |
| Clean Energy & Sustainability | 10 |
| Hardware & Robotics | 9 |
| Marketing & Advertising | 8 |
| Crypto & Blockchain | 7 |
| Cybersecurity & Privacy | 6 |
| Space & Frontier Tech | 6 |
| Developer Tools | 5 |
| Education & Workforce | 4 |
| Transportation & Logistics | 4 |
| Manufacturing | 4 |
| Social & Community Platforms | 4 |
| Government & Defense | 3 |
| Consumer & Lifestyle | 2 |
| Media & Entertainment | 2 |
| Food & Agriculture | 2 |
| Gaming & eSports | 2 |
| AR/VR | 1 |
| Real Estate & Construction | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 20 |
| $5M-$10M | 31 |
| $10M-$25M | 36 |
| $25M-$50M | 10 |
| $50M-$100M | 6 |
| $100M-$250M | 4 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 5 of 5 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| Europe | 96 |
| United States | 5 |
| Japan | 3 |
| Australia | 2 |
| 94104 | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| Evolution Equity Partners | 9 |
| HSBC | 8 |
| Notion Capital | 6 |
| Parkwalk Advisors | 6 |
| Form Ventures | 5 |
| Illuminate Financial | 5 |
| IQ Capital | 5 |
| Stride.VC | 5 |
| Unilever Ventures | 5 |
| Atomico | 4 |
| Citi | 4 |
| Dawn Capital | 4 |
| Octopus Ventures | 4 |
| Outward VC | 4 |
| Triple Point Ventures | 4 |
| Amadeus Capital Partners | 3 |
| CMCC Global | 3 |
| Eight Roads Ventures | 3 |
| F-Prime Capital | 3 |
| Forward Partners | 3 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 56 | 52% |
| Participating | 51 | 48% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 42 | 75% |
| Co-led | 14 | 25% |
Team
Deputy Managing Partner
Partner
Investment Director
Partner
Partner
Investment Director
Platform Director
Investment Manager, UCL Technology Fund
Investment Manager
Investment Director
Partner