The Venture Codex Logo

The Venture Codex

Overview

Venture capital fund supporting innovative science and technology companies

Founded

2002

Deals · 12mo

8

Stage focus

Seed

Geographic focus

United Kingdom

Sector focus

Biotechnology
Financial Services
Venture Capital

Investment portfolio

24rounds
NAMEDATESIZE
Silicon MicroGravity
Jul 2026Participated
$8 MOther Equity
Revolver Therapeutics
Jul 2026Participated
$0.76 MSeed
K3Metrology
May 2026Led
$4 MSeed
Spaceflux
Apr 2026Participated
$5 MSeed
Ascension
Apr 2026Participated
$2 MOther Equity
Ternary Therapeutics
Mar 2026Participated
$5 MSeed
Cytotrait
Mar 2026Participated
$4 MSeed
Astut
Oct 2025Participated
$2 MSeed
Messium
Sep 2025Led
$4 MSeed
Spaceflux
Jul 2025Led
$7 MSeed
Cryogenx
Jul 2025Led
$2 MSeed
Wave Photonics
Jun 2024Led
$6 MOther Equity
Silicon MicroGravity
Jul 2026Participated
$8 MOther Equity
Revolver Therapeutics
Jul 2026Participated
$0.76 MSeed
K3Metrology
May 2026Led
$4 MSeed
Spaceflux
Apr 2026Participated
$5 MSeed
Ascension
Apr 2026Participated
$2 MOther Equity
Ternary Therapeutics
Mar 2026Participated
$5 MSeed
Cytotrait
Mar 2026Participated
$4 MSeed
Astut
Oct 2025Participated
$2 MSeed
Messium
Sep 2025Led
$4 MSeed
Spaceflux
Jul 2025Led
$7 MSeed
Cryogenx
Jul 2025Led
$2 MSeed
Wave Photonics
Jun 2024Led
$6 MOther Equity
24
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

UK Innovation & Science Seed Fund: 24 funding rounds are recorded in the selected participation categories.All available history.
UK Innovation & Science Seed Fund: 24 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed59
Other Equity28

Monthly Deal Activity

UK Innovation & Science Seed Fund: 24 deals are recorded across 103 months.All available history.
UK Innovation & Science Seed Fund: 24 deals are recorded across 103 months. All available history
MonthDeals
Apr '182
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '191
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '221
Mar '220
Apr '220
May '220
Jun '220
Jul '221
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '231
Apr '231
May '231
Jun '230
Jul '231
Aug '230
Sep '231
Oct '230
Nov '230
Dec '231
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '242
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '252
Aug '250
Sep '251
Oct '251
Nov '250
Dec '250
Jan '260
Feb '260
Mar '262
Apr '262
May '261
Jun '260
Jul '262
Aug '260
Sep '260
Oct '260

Sector Breakdown

UK Innovation & Science Seed Fund: Health & Life Sciences is the largest displayed sector by deal count (10 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

UK Innovation & Science Seed Fund: Health & Life Sciences is the largest displayed sector by deal count (10 deals). All available history
SectorDeals
Health & Life Sciences10
Space & Frontier Tech8
Manufacturing8
Clean Energy & Sustainability5
Food & Agriculture5
Enterprise Software4
Data, Analytics & IT4
Hardware & Robotics4
AI & Machine Learning4
Government & Defense2
Networks, Cloud & Communication2
Transportation & Logistics1
Crypto & Blockchain1
Professional Services1

Deal Size Distribution

UK Innovation & Science Seed Fund: 24 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

UK Innovation & Science Seed Fund: 24 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M19
$5M-$10M4
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

UK Innovation & Science Seed Fund: Europe has the largest recorded deal count among the displayed regions (23 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

UK Innovation & Science Seed Fund: Europe has the largest recorded deal count among the displayed regions (23 deals). All available history
RegionDeals
Europe23
United States1
UK Innovation & Science Seed Fund: 20 co-investors are shown, with Innovate UK sharing 3 recorded deals.All available history.

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.

Investment Strategy

UK Innovation & Science Seed Fund: Led accounts for 29% and participating for 71% of round participation.All available history.
UK Innovation & Science Seed Fund: Led accounts for 29% and participating for 71% of round participation. All available history
CategoryDeals (count)Share (%)
Led729%
Participating1771%
UK Innovation & Science Seed Fund: Single-lead accounts for 57% and co-led for 43% of lead dynamics.All available history.
UK Innovation & Science Seed Fund: Single-lead accounts for 57% and co-led for 43% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead457%
Co-led343%

Team

Dr Andrew Muir

Investment Director & Fund Principal

Hassan Mahmudul

VC Investor

Mark White

Director

Oliver Sexton

Investment Director