Business Model
We back businesses with the capital, expertise and networks to fuel their growth. Our brand, people, networks, and Fund of Funds programme offer a large pipeline of promising private technology companies from across Europe.
We invest in high-growth private technology companies in the UK and Europe. We back businesses with the capital, expertise and networks to fuel their growth. Investing in early-stage companies is our core business, with access to seed stages via our Fund of Funds programme and Earlybird partnership.
We invest in four core sectors
Consumer technology
New consumer-facing products, innovative business models, and proven execution capabilities which bring exceptional opportunities that are enabled by technology.
Hardware and Deeptech
R&D-heavy technologies which emerge to become commercially dominant, upending industries and enabling entirely new ways of living and doing business.
Enterprise technology
The software infrastructure, applications and services that make enterprises more productive, cost-efficient, and smoother to run.
Digital health and wellness
Using data, software and hardware to create new products and services for the health and wellness market.
Our Deployment Strategies
Direct
We invest directly, deploying capital in the UK and across Europe, generally in early and growth stage deals.
Secondaries
We look to access exceptional secondary investments at attractive valuations from timeto-time, by acquiring investments held by other investors and founders.
This enables us to further diversify our investment strategy and blend the maturity of assets. Secondary investments typically span a shorter period of time, reaching maturity quicker.
Fund of Funds
Our Fund of Funds programme – now connected with third-party capital – allows us to support fund managers across the UK and Europe, investing at an earlier stage and providing our investors with access to seed-stage businesses. By seeding the earlystage ecosystem, we can also source the best companies for Series A and B, pooling expertise from sector-specific funds based across the UK and Europe.
SPVs
As an extension of our existing strategy of deploying capital via other vehicles through our Fund of Funds programme, coinvestments with some of our seed and early stage fund managers have enabled us to access exciting opportunities into forward-thinking European companies via investments through Special Purpose Vehicles.
Early Bird
As well as a co-investment partner, we have invested into seven of the Earlybird funds, allowing us to expand our investment footprint in the European market.