Participated · Series B · Dec 2025

Founded in 2022 by ex-Revolut executives Alan Chang and Charles Orr, Fuse Energy supplies energy to more than 300,000 UK households and is building a 1 GW generation pipeline. The company says it runs the full energy value chain in-house—generation, trading and retail—which it credits with delivering roughly 17% efficiency gains versus legacy providers. Fuse uses proprietary trading algorithms and a digital twin of each customer property to predict demand and optimise supply at the household level. Management reports the business has been EBITDA-positive every month since December 2025 and that ARR grew 32% in Q1 to over €472 billion ($550 million). Fuse is opening a 32,000 sq ft headquarters in Canary Wharf, plans to hire over 380 people in the next 12 months, and intends to expand into Europe and North America while launching a plug-in solar product for homes.

Led · Equity · Jul 2023

Lyre’s is a premium non-alcoholic spirits company founded in Australia in 2019 that produces alcohol-free spirit alternatives. The brand has won awards at spirits competitions in London, San Diego, and San Francisco. It recently completed a nearly £18 million ($34 million) funding round to bolster its supply chain and global inventory. The company plans to use the proceeds to boost production and inventory stocks to meet growing demand for non-alcoholic drinks. The raise coincided with the appointment of Paul Gloster as CEO as Lyre’s expands its leadership structure. Over the last four years the company has topped up funding with $16 million and $9 million and was valued at $500 million in 2021. Lyre’s also donates 100% of sales from its Pink London Spirit gin alternative to the McGrath Foundation. Lyre’s produces a portfolio of 14 premium non-alcoholic spirits and a recently launched range of ready-to-drink non-alcoholic cocktails designed to replicate popular alcoholic spirits and cocktails. The range claims to be capable of crafting 90% of the world’s best-selling cocktails and is positioned as a true-to-taste swap for alcoholic ingredients. The company sells in more than 60 countries across retail, on-trade, direct-to-consumer and travel channels, and has production in the UK, Germany, Australia and the US. Lyre’s has established an R&D division in partnership with beverage technology firm Döhler to develop a new product pipeline. The business is on course to be annualising £50 million in revenues by December of this year and has manufactured over one million bottles to date. Future plans highlighted include expanding marketing, significantly growing headcount, and co-investing with manufacturing partners to scale production capacity. Lyre’s produces a portfolio of 13 non‑alcoholic spirits formulated to replicate classic spirit flavors, and is positioned as the most awarded brand in the non‑alcoholic spirits category. Since launching in July 2019 the company has expanded into over 30 markets worldwide, selling both on‑ and off‑premise and via direct‑to‑consumer channels. Lyre’s focused on DTC during the pandemic and achieved more than 400% monthly recurring revenue growth since January 2020. The company plans continued portfolio growth, product innovation (including a Ready‑To‑Drink range), and accelerated market expansion. Management says manufacturing in multiple global locations, compliance for new markets, and expanded recruitment are priorities to evolve from a start‑up to a multinational beverage company. The brand emphasizes matching alcohol spirit flavors and styles to offer sober alternatives across demographics.

Led · Series A · May 2021

Clinch provides AI-driven omnichannel personalization and consumer intelligence to advertisers, automating, personalizing and optimizing ad creative at scale. Its platform leverages data and AI to deliver omnichannel creative solutions across OTT/CTV, linear addressable TV, programmatic, social, in-app, native, audio and DOOH. The company emphasizes unique consumer intelligence to inform and tailor ad experiences. Clinch intends to use the funds for global growth and to launch data-driven personalization-at-scale solutions built for new identity environments and emerging digital commerce channels. The company is led by CEO Oz Etzioni. Clinch provides technology that creates highly personalized video ads, producing essentially unlimited variations tailored by location, device, interests and other signals. The company sells its platform to digital ad companies and agencies rather than participating in ad buying or selling. Clinch began by personalizing display ads to gather data but has moved into intervening within linear video rather than applying simple overlays. It can deliver personalized videos to Facebook and is participating in the Facebook Marketing API Accelerator to enable dynamic targeting and changes. Early campaigns ran in Latin America and Asia for clients including Walmart and AT&T; the company is headquartered in New York with R&D based in Israel. Clinch recently hired Boaz Cohen as chief product officer and head of business development to support product and commercial expansion.