Downing

Downing is an investment firm focused on enhancing the financial wellbeing of its investor community through the design and management of investment products. With over 35,000 investors, the firm has successfully raised and invested more than £1.7 billion in various sectors, including renewable energy, care homes, health clubs, and children's nurseries. Downing Ventures, a division of Downing LLP, specializes in venture capital investments in early and growth stage technology businesses. The firm seeks to support visionary entrepreneurs with the ability to execute their ideas, targeting companies with significant market potential, distinct product advantages, and manageable adoption risks. Investments typically range from £250,000 to £5 million, covering seed-stage and Series A deals, with ongoing support provided as companies grow. Downing is authorized and regulated by the Financial Conduct Authority, ensuring compliance and trust in its operations.

Christopher Allner

Partner

William Barker

Investment Professional

Jonathan Boss

Partner

Nick Carter

Investment Manager

Colin Corbally

Partner and Head of Renewables

Jack Eadie

Partner

David Freeder

Investment Director

Kathy Gromotka

Principal

Mark Gross

Partner

Nick Hawthorn

Fund Manager

Michael John Hughes

Investment Director

Steven Kenee

Investment Director

Richard Lewis

Investment Director

Chris Lewis

Partner and CFO

James Lynch

Investment Manager

Kostas Manolis

Partner and Head of Unquoted Investments

Laoise Mcgarry

Portfolio Manager

Sean Moore

Investment Director

Tom Phillips

Investment Director

David Phillips

Portfolio Director

Matt Pierce

Principal

John Pilbeam

Construction Director

Ben Richmond

Investment Manager

Martin Robertson

Head of Portfolio and Investment Director

Warren Rogers

Partner

Ayushman Sen

Investment Manager

Mehal Shah

Investment Manager

Neil Shillito

Fund Manager

Ed Simpson

Partner

David Martin Smith

Investment Manager

Gemma Smith

Investment Manager – Product Specialist

Kouj Tambara

Principal

Vaggelis Tsesmelidakis

Investment Director

Grant Leslie Whitehouse

Head of VCT Hub and Partner

Alyx Wood

Fund Manager

Past deals in United Kingdom

TidalSense

Venture Round in 2023
CRiL was formed in April 2013 specifically to develop innovative medical devices to diagnose and manage respiratory conditions. They have been building a platform technology, N-Tidal, based on the measurement and analysis of tidal breathing CO2 throughout the entire breath.

Distributed

Venture Round in 2022
We believe that businesses achieve more when they are focused on outcomes. We believe the next generation of top tier talent want more control and more variety in their working lives. That’s why we founded Distributed. We’ve all been contractors who that have helped businesses move faster, and we’ve all hired contractors on behalf of businesses. The system was broken and we’re setting out to create a world where businesses can focus on defining outcomes that will provide meaningful futures for them and their customers, and where top tier talent can define where, when and how they would like to work. We built our platform to allow companies to deliver digital outcomes faster, and to a higher standard than ever before by utilising an AI powered global workforce. Using proprietary Natural Language Processing and Applied Machine Learning on top of our data sets we’re able to immediately cost any outcome a customer requires and assemble the very best Elastic Team for the job. Our workflow and dedicated project managers make sure that our customers have a permanent point of contact with their team, and are there to ensure the very best delivery experience possible. The Distributed platform harnesses the power of an Elastic global workforce to allow companies to move faster and with greater control over cost than ever before. Digital technologies, their applications and interdependencies are growing at an unprecedented rate, creating a huge demand for specialist skillsets. This will result in a global talent shortage of around 130M tech workers by 2022. The Distributed platform allows businesses to combat this shortfall by utilising a global talent pool powered by AI to ensure that they can continue to grow and innovate despite the increasing cost and scarcity of specialist digital talent. The biggest market shift that Distributed will enable will be the shift from asset focused organisations to outcome focused organisations. We now have the technology to connect complex supply with complex demand through the understanding of rich data. This enables the commoditization of digital assets both from a code and a human capital standpoint allowing organisations to focus on defining outcomes that will deliver meaningful futures for their business. Outcomes over assets.

Glisser

Venture Round in 2022
Glisser Ltd. is a London-based company that offers a web and mobile software solution designed to enhance presentations through interactive features. Founded in 2014, Glisser enables presenters and event organizers to share slides directly to audience members' devices in real-time, allowing attendees to engage with the content by annotating slides and saving them for later use. The platform also incorporates social elements, such as slide-by-slide voting, audience questions, and polls, facilitating a more dynamic and engaging presentation experience. By transforming traditional PowerPoint presentations into interactive tools, Glisser aims to improve audience participation and feedback during events.

Dragonfly AI

Series A in 2022
Dragonfly AI is a predictive visual analytics platform based in London, United Kingdom, founded in 2018 by David Mitchell. The platform simulates attention processes to reveal how audiences perceive content, helping users understand what captures attention first. It is designed to optimize content performance across various sectors, including digital marketing, e-commerce, and shopper marketing. By providing insights that enhance audience engagement, Dragonfly AI aims to increase conversion rates, ultimately driving revenue growth for its clients. The company offers a range of tools, including a studio, extensions, applications, video capabilities, and an API, to facilitate effective visual analysis and content optimization.

Virtuoso

Series A in 2021
SpotQA develops a next-gen digital QA platform to enable users to deliver tomorrow’s QA and test automation solutions today. It offers advanced web and mobile QA automation solutions and services, enabled by innovations and powered by cutting edge technologies and a team of QA experts. The company helps users build better quality software faster and more frequently, with fewer defects. SpotQA was founded on 2016 and is headquartered in London.

Closed Loop Medicine

Series A in 2021
Closed Loop Medicine Ltd is a healthcare technology company based in Cambridge, United Kingdom, founded in 2017. The company focuses on developing innovative therapeutic solutions that combine established medications with proprietary digital therapeutics. By digitizing and capturing data throughout the entire care continuum, Closed Loop Medicine seeks to create dynamic, personalized treatment regimens tailored to individual patient needs. Their pipeline includes integrated approaches that address significant health challenges such as sleep disorders, hypertension, chronic pain, and diabetes. Through real-time feedback and advanced care pathways, Closed Loop Medicine aims to enhance patient outcomes and improve the overall efficiency of healthcare delivery.

Invizius

Series A in 2021
Invizius Ltd. is a medical technology company based in Edinburgh, United Kingdom, focused on improving health outcomes for patients undergoing long-term dialysis. Incorporated in 2018, the company has developed H-Guard technology, which aims to reduce the side effects associated with hemodialysis and minimize the risk of cardiovascular disease in these patients. Through its innovative approach, Invizius seeks to enhance patient safety and overall quality of care in renal treatment.

Ondat

Series B in 2021
Ondat, formerly known as StorageOS Ltd, is a London-based company that specializes in developing a cloud-native, software-defined storage platform designed for application deployment in containerized environments. Founded in 2015, Ondat enables clients to efficiently run containerized databases and continuous integration/continuous deployment (CI/CD) workloads in public cloud settings. The platform offers essential features such as erasure coding, data replication, deduplication, compression, and robust security measures, including encryption and policy management. Ondat's solution facilitates data mobility through replication and migration services, while also providing run-time management options like snapshots and clones. Its application programming interface (API) is compatible with popular container orchestration tools, such as Docker and Kubernetes, allowing developers and infrastructure teams to effectively build, scale, manage, and monitor their storage solutions without legacy constraints.

Vivacity Labs

Series A in 2021
Vivacity Labs Ltd. provides hyper-local data for smart cities and intelligent transport systems. It offers services for smart cities, such as car parking sensing, bus occupancy sensing, and traffic monitoring; and intelligent monitoring and data provision in the areas of road transport, including traffic monitoring and cyclists. The company also provides services to generate deep insight about the operations of rail management, such as predictive management and long-term analytics. In addition, it offers video analytics services, such as extracting relevant data from video feeds to provide genuine insight; and data feeds across API access or online interfaces in the areas of detailed speed, counts, heat maps, and prediction. Vivacity Labs Ltd. was founded in 2015 and is based in London, United Kingdom.

Touchlight Genetics

Venture Round in 2020
Touchlight Genetics Ltd. is a biotechnology company based in Leatherhead, United Kingdom, focused on DNA therapies and technology. Founded in 2008, the company has developed the proTL synthetic DNA platform, which enables the production of doggybone closed linear DNA without the need for bacterial fermentation. This innovative approach serves various applications including veterinary vaccines, monoclonal antibodies, gene therapy, allergy treatment, RNA interference therapies, and stem cell reprogramming. Touchlight has assembled a skilled team of scientists and drug development experts, led by founder and CEO Jonny Ohlson, who is supported by a dynamic management team. The company has formed strategic collaborations with prestigious academic institutions such as Imperial College London and the University of Pennsylvania, contributing to the advancement of its technologies and the establishment of therapeutic proof-of-principle.

Trouva

Venture Round in 2020
Trouva, established in September 2015, operates an online marketplace that connects customers with unique homeware and lifestyle products from independent boutiques across Europe. The platform features a curated selection of items, allowing customers to discover and purchase products directly from these shops. Trouva enhances the retail experience by offering services such as click and collect, one-hour delivery, and worldwide shipping, effectively bridging the gap between online and offline shopping. By enabling independent stores to reach a broader audience, Trouva supports the growth of local businesses while providing consumers access to distinctive products not typically found in larger retail chains.

Papier

Venture Round in 2020
Papier Limited designs and prints customized cards and invitations. It offers birthday, thank you, congratulations, love, sympathy, photo, and other occasional cards; seasonal cards; and wedding, birthday party, kids party, party, anniversary, photo, and other invitation cards. The company also provides stationary, as well as photo products. In addition, it operates digital printing studios. The company was founded in 2015 and is based in London, United Kingdom.

Firefly Learning

Venture Round in 2020
Firefly Learning Ltd develops and operates an online tool that brings together teachers, students, and parents to help students learn more. It helps teachers make marking, students tracking, resource sharing, and keeping parents in up to date; enables students to learn independently and collaboratively; and engages parents and helps them involve with their child's education. The company was founded in 2005 and is based in London, United Kingdom.

Carbice Corporation

Series A in 2020
Carbice is a maker of Carbice Carbon, a product that lowers device temperatures and dissipates heat away from product packaging. It sets the standard for performance, reliability, and low-cost assembly within the world’s most important electronic, energy, and industrial products. Carbice Corporation was founded in January 2017 by Georgia Tech Professor Baratunde Cola, who first worked on thermal applications of advanced carbon materials in 2001 and later spent time as a test and development engineer at Intel; and co-founded by a team of leading Georgia Tech researchers in electronic device power management and product innovation. The company also has an office in London and one coming soon to Toulouse, France.

Dragonfly AI

Seed Round in 2020
Dragonfly AI is a predictive visual analytics platform based in London, United Kingdom, founded in 2018 by David Mitchell. The platform simulates attention processes to reveal how audiences perceive content, helping users understand what captures attention first. It is designed to optimize content performance across various sectors, including digital marketing, e-commerce, and shopper marketing. By providing insights that enhance audience engagement, Dragonfly AI aims to increase conversion rates, ultimately driving revenue growth for its clients. The company offers a range of tools, including a studio, extensions, applications, video capabilities, and an API, to facilitate effective visual analysis and content optimization.

Congenica

Series C in 2020
Congenica Ltd. is a UK-based company that specializes in clinical data solutions for genetic diagnosis. Founded in 2012, it leverages pioneering research from the Wellcome Trust Sanger Institute and NHS clinicians to develop its flagship product, the Sapientia platform. This clinical genomic analytics tool integrates human DNA sequences with deep clinical phenotyping, allowing clinicians and researchers to interpret genetic diseases effectively. Sapientia supports clinical diagnosis, prognosis, and research, and plays a crucial role in personalized medicine applications, including the creation of disease registries and the identification of patient populations for clinical studies. By providing diagnostic decision support and associated services, Congenica aims to enhance patient care through precise diagnoses and the curation of evolving knowledge bases, ultimately contributing to advancements in clinical trials and drug development.

Duel

Seed Round in 2020
Duel is a Brand Advocacy Platform that enables purpose-led brands to drive organic growth and retention through word-of-mouth and advocacy. The Duel platform scales management of the brand’s relationship with thousands of their advocates through Advocacy Programs that engage, retain and drive word-of-mouth sales. The platform combines different advocacy tools (including challenges, UGC, referrals, loyalty, affiliates and surveys), under one platform so brands can build rich, customer membership clubs and VIP programs with airline style ‘status’ tiers, groups and segmentation. Spun out from Daredevil Project mobile app and game studio by world-record breaking adventurer and former brand ambassador, Paul Archer, and viral games developer, Panagiotis Tsarouchis, the Duel team is made up of psychologists, brand experts and community builders from companies including Amazon and Lululemon. Committed to working with brands that put people and the planet over profit, Duel is demystifying word-of-mouth marketing to breaking brands’ reliance on digital advertising and other short-term marketing practices to build brand movements and deliver long-term growth. The platform is used by brands such as Rab, Lowe Alpine, Monica Vinader, King of Shaves, Frugi and Mud Jeans and has consulted with over 450 brands including Amex, Travelex, M&S, Philips, Boots, Schuh and TopShop.

Funding Xchange

Series A in 2020
Funding Xchange is a financial service company that makes finding funding options easy and transparent for businesses. The company offers unsecured finance, overdraft, invoice finance, secured, and property finance. As owners of small businesses, they have the first-hand experience of how difficult it can be to find the right funding for businesses even if there are now hundreds of innovative solutions available. Its focus on digital decisions that harnesses access to new, transactional data has attracted attention from industry leaders. Funding Xchange was founded in 2014 and is based in London, England, United Kingdom.

MIP Diagnostics

Venture Round in 2020
MIP Diagnostics Limited develops molecularly imprinted polymers (MIP) and nanoMIPs/plastic antibodies. The company was incorporated in 2015 and is based in Bedfordshire, United Kingdom.

Third Space Learning

Series A in 2020
TSL has built an online learning platform that recruits and trains a global community of online teachers from across emerging markets to make online one-to-one learning accessible to children around the world. Central to TSL's model is the creation of intelligent tutor training programmes to manage performance at scale. In parallel, the TSL platform hosts learning programmes that integrate the best of digital resources and assessment with one-to-one tuition, designed to target specific student markets by subject, age or curricula. Tuition is a $200bn global industry that tends to serve the wealthy minority. TSL's goal is to serve the under-served majority, aligning a social mission with the greatest market opportunity.

Empiribox

Venture Round in 2020
Empiribox Limited is a supplier of science equipment and teaching resources aimed at enhancing the quality of science education in primary schools. Established in 2017 and located in Didcot, United Kingdom, the company focuses on addressing various challenges that affect science teaching. By providing teachers with the necessary tools, Empiribox helps facilitate engaging and inspirational science lessons throughout the academic year, both in the UK and internationally.

Aventus Platform

Seed Round in 2020
Aventus Platform is enables insurance businesses to create a seamless customer experience for any insurance line, through any channel.

ADAY

Series A in 2020
ADAY is a fast growing direct-to-consumer brand creating consciously designed, technical clothing. We call it clothing of the future. Founded by Nina Faulhaber and Meg He, ADAY is based in New York and London.

Masters of Pie

Seed Round in 2020
Masters of Pie Limited, a technology firm, develops product lifecycle management software using virtual and augmented reality software for manufacturing and wider enterprise solutions. The company’s products include a series of virtual reality updates and enhancements for computer-aided design (CAD). It develops a technology platform that enables industrial designers and production line experts to load their 3D data into a virtual meeting space to collaborate with colleagues in real-time. The company was incorporated in 2011 and is based in London, United Kingdom.

ABAKA Holdings

Series A in 2019
ABAKA Holdings Ltd. is a London-based company that operates an intelligent savings platform aimed at enhancing the financial wellbeing of employees. The platform, known as ABAKA, allows employers to increase awareness of employee benefits and engage directly with their staff. It empowers employees by providing tailored financial guidance and personalized nudges to improve their financial literacy. Additionally, ABAKA is recognized as the world's first digital saving and retirement enterprise SaaS platform, utilizing artificial intelligence to support financial institutions in delivering scalable advice on pensions, savings, and investments. Its suite of modular applications enables functionalities such as conversational AI, intelligent behavioral nudges, and digital financial dashboards. With over 9 million users benefiting from its technologies, ABAKA's solutions are licensed by leading banks, pension providers, and asset managers globally. The company also maintains a strategic partnership with Avaloq Group AG and has been operational since its incorporation in 2016.

Trouva

Venture Round in 2019
Trouva, established in September 2015, operates an online marketplace that connects customers with unique homeware and lifestyle products from independent boutiques across Europe. The platform features a curated selection of items, allowing customers to discover and purchase products directly from these shops. Trouva enhances the retail experience by offering services such as click and collect, one-hour delivery, and worldwide shipping, effectively bridging the gap between online and offline shopping. By enabling independent stores to reach a broader audience, Trouva supports the growth of local businesses while providing consumers access to distinctive products not typically found in larger retail chains.

Funding Xchange

Venture Round in 2019
Funding Xchange is a financial service company that makes finding funding options easy and transparent for businesses. The company offers unsecured finance, overdraft, invoice finance, secured, and property finance. As owners of small businesses, they have the first-hand experience of how difficult it can be to find the right funding for businesses even if there are now hundreds of innovative solutions available. Its focus on digital decisions that harnesses access to new, transactional data has attracted attention from industry leaders. Funding Xchange was founded in 2014 and is based in London, England, United Kingdom.

Adaptix Ltd

Venture Round in 2019
Adaptix Limited designs and manufactures 3D radiology imaging equipment for X-ray imaging applications. It offers a technology for producing a miniaturized flat panel X-ray source that can be integrated into a manufacturers existing product line. The company’s solutions are used in bedside chest imaging, extremity imaging, dental imaging, and breast imaging. Adaptix Limited was formerly known as Radius Diagnostics Ltd and changed its name to Adaptix Limited in February 2015. The company was founded in 2009 and is based in Oxford, United Kingdom.

FundamentalVR

Series A in 2019
FundamentalVR have been working with leading pharmaceutical companies to combine virtual and mixed reality with haptic feedback using their ‘FeelRealVR’ platform to create simulated surgical procedures to help educate and train healthcare professionals.

e.fundamentals

Series A in 2019
Category growth for CPG leaders delivering digital shelf analytics and insights to the world's leading brands.

Hummingbird Technologies

Series B in 2019
Hummingbird Technologies Limited, an artificial intelligence company, develops solutions using imagery and data analytics from satellite, drone, plane, and robot technology. It offers Hummingbird, a drone-enabled data and imagery analytics solution that provide farmers with high-resolution maps of their crops at critical decision-making junctions in the season. The company also provides crop stress detection, detection of diseases, weed grass mapping, nutrient management mapping, as well as yield prediction and plant counting in row crops for cereals, potatoes, soybean, sugar beet, and rape/canola oilseeds. It serves agriculture sector. Hummingbird Technologies Limited was founded in 2015 and is based in London, United Kingdom.

Invizius

Series A in 2019
Invizius Ltd. is a medical technology company based in Edinburgh, United Kingdom, focused on improving health outcomes for patients undergoing long-term dialysis. Incorporated in 2018, the company has developed H-Guard technology, which aims to reduce the side effects associated with hemodialysis and minimize the risk of cardiovascular disease in these patients. Through its innovative approach, Invizius seeks to enhance patient safety and overall quality of care in renal treatment.

Spirable

Series A in 2019
Spirable is a London-based company that operates a software-as-a-service (SaaS) platform designed to help brands create personalized video content. Founded in 2014, Spirable allows brands to combine creative assets like product images and video clips with various types of data, including customer relationship management (CRM), social audience insights, and live contextual information. This enables brands to generate tailored video content for individual customers efficiently. The platform serves diverse industries, including retail, consumer packaged goods, travel, sports betting, and telecommunications. By offering a solution that streamlines video production, Spirable empowers brands to produce reactive and relevant video content at the touch of a button.

Papier

Series B in 2019
Papier Limited designs and prints customized cards and invitations. It offers birthday, thank you, congratulations, love, sympathy, photo, and other occasional cards; seasonal cards; and wedding, birthday party, kids party, party, anniversary, photo, and other invitation cards. The company also provides stationary, as well as photo products. In addition, it operates digital printing studios. The company was founded in 2015 and is based in London, United Kingdom.

JRNI

Series C in 2019
JRNI combines a customer engagement platform with applications - Events, Appointments, Queuing, Insights, Call Center - that put omnichannel conversion at the heart of business.

Virtuoso

Seed Round in 2019
SpotQA develops a next-gen digital QA platform to enable users to deliver tomorrow’s QA and test automation solutions today. It offers advanced web and mobile QA automation solutions and services, enabled by innovations and powered by cutting edge technologies and a team of QA experts. The company helps users build better quality software faster and more frequently, with fewer defects. SpotQA was founded on 2016 and is headquartered in London.
Cambridge Touch Technologies Ltd. is a company based in Cambridge, United Kingdom, founded in 2011. It specializes in the development of piezoelectric-based 3D touch technology, particularly its next-generation UltraTouch technology, which is designed for smart devices, including smartphones, tablets, and automotive applications. The UltraTouch system integrates a proprietary AI engine that utilizes advanced signal processing algorithms with a specialized Piezoelectric Force Film. This innovative combination allows for a versatile touch and force sensor architecture that is not only cost-effective but also adaptable to various device sizes and shapes, including curved and foldable designs.
The Electrospinning Company is a leading edge provider of electrospun nanofibre innovations, developing solutions to industrial challenges. They also work closely with academic research groups to develop novel nano-scale fibres and coatings for scientific research.

Hummingbird Technologies

Series B in 2019
Hummingbird Technologies Limited, an artificial intelligence company, develops solutions using imagery and data analytics from satellite, drone, plane, and robot technology. It offers Hummingbird, a drone-enabled data and imagery analytics solution that provide farmers with high-resolution maps of their crops at critical decision-making junctions in the season. The company also provides crop stress detection, detection of diseases, weed grass mapping, nutrient management mapping, as well as yield prediction and plant counting in row crops for cereals, potatoes, soybean, sugar beet, and rape/canola oilseeds. It serves agriculture sector. Hummingbird Technologies Limited was founded in 2015 and is based in London, United Kingdom.

Limitless

Series A in 2019
Limitless Technology Ltd, founded in 2016 and based in London, develops an AI-powered platform that enhances customer service engagements. This platform allows businesses to connect customers with qualified experts to address inquiries on-demand, offering a faster and more cost-effective service. By leveraging customer interactions and feedback, the system continually improves through AI, automating responses to lower-value queries over time. Limitless operates in over 20 countries and serves notable clients such as Microsoft, Unilever, and Sage. The company is backed by investors including Unilever Ventures, Downing Ventures, and Albion Capital.

Funding Empire

Acquisition in 2019
Funding Empire Limited operates an online platform and infrastructure that enables businesses to apply for a loan, and for lenders to lend their money and receive monthly repayments from businesses they have lent to. Its platform enables sole traders, limited companies, partnerships, and LLPs in the United Kingdom to apply for loans. The company was incorporated in 2012 and is based in Caerphilly, United Kingdom. As of March 7, 2019, Funding Empire Limited operates as a subsidiary of Downing LLP.

Firefly Learning

Series B in 2019
Firefly Learning Ltd develops and operates an online tool that brings together teachers, students, and parents to help students learn more. It helps teachers make marking, students tracking, resource sharing, and keeping parents in up to date; enables students to learn independently and collaboratively; and engages parents and helps them involve with their child's education. The company was founded in 2005 and is based in London, United Kingdom.

Imagen

Series B in 2019
Imagen Ltd designs and develops media archive management solutions. The company offers Imagen2, a media asset management and publishing system; ImagenCloud, a cloud based system to manage and publish videos and images; and Orbital, a compliance recording system. Its clientele include Ministry of Defence, The Police, The BBC, ITN, The Imperial War Museum, British Telecom, and British Pathe. Imagen Ltd was formerly known as Cambridge Imaging Systems Limited and changed its name to Imagen Ltd in August 2015. The company was founded in 1991 and is based in Willingham, United Kingdom.

Hubble

Series A in 2019
Hubble makes renting office space easy. It is an online marketplace to match those looking to rent office space with those who have it. They focus on co-working, shared offices and private serviced offices within specific hubs in London. They wrap the entire transaction to allow businesses to search across all office types, pay your rent, sign your contract and satisfy all your office needs in just a few clicks. Their platform means that they allow tenants and office providers to find each other quickly and easily. Moreover, they reduce the admin burden to create even more value for both sides of the market.

Exonar

Series A in 2019
Exonar Limited develops information intelligence software products. The company was founded in 2007 and is based in Newbury, United Kingdom.

Adaptix Ltd

Venture Round in 2019
Adaptix Limited designs and manufactures 3D radiology imaging equipment for X-ray imaging applications. It offers a technology for producing a miniaturized flat panel X-ray source that can be integrated into a manufacturers existing product line. The company’s solutions are used in bedside chest imaging, extremity imaging, dental imaging, and breast imaging. Adaptix Limited was formerly known as Radius Diagnostics Ltd and changed its name to Adaptix Limited in February 2015. The company was founded in 2009 and is based in Oxford, United Kingdom.

Open Bionics

Series A in 2019
Brunel Hand is a robotic hand with nine degrees of freedom for researchers. They use 3D printing to make their devices customized for each customer and accessible by anyone! They're developing the perfect medical grade materials to give their hands the right strength and grip and to make them last.

ADC Biotechnology

Venture Round in 2018
ADC Biotechnology Ltd produces new antibody drug conjugate based anti-cancer drugs in the oncology field. The company offers Lock-Release, a drug purification process that eliminates several steps, purification equipment, and reduces process risks. It also offers a range of consultancy and R&D services for drug developers and manufacturers. ADC Biotechnology Ltd was formerly known as Reaxa Biotech Ltd and changed its name to ADC Biotechnology Ltd in May 2010. The company was founded in 2010 and is based in St Asaph, United Kingdom.

hackajob

Series A in 2018
Hackajob is an online recruitment platform that connects technical candidates with employers through a unique process that emphasizes skill assessments and job-specific challenges. Founded in 2014 and based in London, the platform addresses the challenges of traditional recruitment by utilizing data-driven algorithms to match candidates with suitable positions based on their skills and experience. This approach not only facilitates direct communication between employers and candidates, including passive talent, but also aims to eliminate unconscious bias in hiring. Many well-known companies rely on hackajob to streamline their recruitment processes, reduce time to hire, and enhance candidate engagement, ultimately creating a more efficient and equitable hiring landscape in the tech industry.

Rated People

Series A in 2018
They are the UK’s number 1 online marketplace connecting good homeowners with good tradespeople. Everything they do works towards their vision of better homes, better work and better lives. Over 1,000,000 jobs are posted on their site every year by homeowners. Over 50,000 tradespeople use us to find work, grow their reputation and expand their business. Covering over 30 trades, they’ll do everything from giving a place a new lick of paint to building the foundations of a home with endless potential.

Arecor

Venture Round in 2018
Arecor is a leader in developing superior biopharmaceuticals through the application of its innovative formulation technology platform. Arecor is leveraging this platform to develop a portfolio of proprietary products enabling improved treatments for diabetes care via the innovative reformulation of approved proteins and peptides. In addition to its internal product portfolio, Arecor partners with leading pharmaceutical and biotech companies to deliver superior reformulations of their proprietary products, which would otherwise not be possible using conventional formulation science.

Live Better With

Series A in 2018
Live Better With Ltd. is an online platform dedicated to enhancing the quality of life for cancer patients by providing a curated selection of healthcare products. The company offers a diverse range of items aimed at alleviating various symptoms and side effects associated with cancer treatment. These products address concerns such as skin care, nausea, pain relief, hair loss, and digestive health, and are organized by specific feelings or needs, making it easier for users to find relevant solutions. Additionally, Live Better With provides advice and recommendations to support individuals with long-term conditions. Established in 2015 and located in London, United Kingdom, the company focuses on improving everyday living for those affected by cancer.

Masters of Pie

Seed Round in 2018
Masters of Pie Limited, a technology firm, develops product lifecycle management software using virtual and augmented reality software for manufacturing and wider enterprise solutions. The company’s products include a series of virtual reality updates and enhancements for computer-aided design (CAD). It develops a technology platform that enables industrial designers and production line experts to load their 3D data into a virtual meeting space to collaborate with colleagues in real-time. The company was incorporated in 2011 and is based in London, United Kingdom.
Cambridge Touch Technologies Ltd. is a company based in Cambridge, United Kingdom, founded in 2011. It specializes in the development of piezoelectric-based 3D touch technology, particularly its next-generation UltraTouch technology, which is designed for smart devices, including smartphones, tablets, and automotive applications. The UltraTouch system integrates a proprietary AI engine that utilizes advanced signal processing algorithms with a specialized Piezoelectric Force Film. This innovative combination allows for a versatile touch and force sensor architecture that is not only cost-effective but also adaptable to various device sizes and shapes, including curved and foldable designs.

Flock

Seed Round in 2018
Flock was founded in 2015 on the conviction that insurance was no longer fit for purpose in our fast-moving, hyper-connected world. Their mission is to make the world a safer, smarter place by bridging the gap between the insurance industry of today and the emerging technologies of tomorrow. The London based Insurtech began in the commercial drone industry where they launched Europe's first pay-as-you-fly drone insurance product, using real-time data (like population density and wind speed) to quantify, insure, and mitigate drone flight risks.They now have insure thousands of innovative drone operations globally, from agricultural surveyors to NHS medical delivery flights. Flock's technology has now helped thousands of pilots around the world to fly safer, reducing their risk exposure by 15% on average. Flock recently expanded into the rapidly evolving world of commercial motor fleets with a division focused on connected vehicles. Modern fleets change on a daily basis; expanding, contracting, and adopting the latest technology. They need an insurance policy that’s as agile and data-driven as they are. The world is becoming increasingly connected and autonomous, bringing both amazing opportunities and complex risks. As the insurer of the future, Flock aims to not only pay claims when incidents occur; they help customers understand and mitigate their own risks, to avoid things going wrong in the first place.

Channel Mum

Venture Round in 2018
The video network, which bills itself as the “honest face of parenting” for millennial mothers.The platform is described as ‘YouTube’s friendliest – and most honest – community for mums’ bringing together thousands of parenting videos in one easy to navigate site where vloggers and businesses alike are able to work with Channel Mum to get in front of their target audiences. Siobhan leads a talented media team with parenting experience and created Channel Mum by gathering together a group of established vloggers to share their experiences of motherhood.

Glownet

Series A in 2018
Glownet provides RFID contactless solutions for the live event industry, principally music festivals, and has developed the leading fully-integrated platform on the market. The solution combats ticket fraud, reduces queues, slashes transaction times, increases spend per head, cuts staffing costs at gates and bars and controls staff theft. It also gives promoters transparency on vendor sales and provides customer segmented profiling on purchasing behaviours. Launched in 2012, the business delivers cashless payment, entry management, social media engagement and customer insight solutions using RFID. Glownet has deployed its fully cashless services at over 500 events across 40 countries worldwide. Clients include Live Nation, Sonar and many more major music festival organisers. The team has also worked with brand partners such as Pernod Ricard, Spotify, Paypal, Maserati to enhance the live event experience.

ADC Biotechnology

Venture Round in 2018
ADC Biotechnology Ltd produces new antibody drug conjugate based anti-cancer drugs in the oncology field. The company offers Lock-Release, a drug purification process that eliminates several steps, purification equipment, and reduces process risks. It also offers a range of consultancy and R&D services for drug developers and manufacturers. ADC Biotechnology Ltd was formerly known as Reaxa Biotech Ltd and changed its name to ADC Biotechnology Ltd in May 2010. The company was founded in 2010 and is based in St Asaph, United Kingdom.

JRNI

Series C in 2018
JRNI combines a customer engagement platform with applications - Events, Appointments, Queuing, Insights, Call Center - that put omnichannel conversion at the heart of business.

Glisser

Venture Round in 2018
Glisser Ltd. is a London-based company that offers a web and mobile software solution designed to enhance presentations through interactive features. Founded in 2014, Glisser enables presenters and event organizers to share slides directly to audience members' devices in real-time, allowing attendees to engage with the content by annotating slides and saving them for later use. The platform also incorporates social elements, such as slide-by-slide voting, audience questions, and polls, facilitating a more dynamic and engaging presentation experience. By transforming traditional PowerPoint presentations into interactive tools, Glisser aims to improve audience participation and feedback during events.

Smart Matrix

Venture Round in 2018
Smart Matrix Limited is a medical device company based in Northwood, United Kingdom, specializing in wound care and regenerative medicine. Founded in 2011, the company develops innovative products aimed at treating skin injuries, traumas, and wounds. Its flagship product, Smart Matrix, incorporates biochemical features designed to enhance tissue regeneration and support wound healing processes. The firm leverages proprietary technology developed by the Restoration of Appearance and Function Trust to commercialize its offerings, addressing the needs of patients suffering from various skin damages.

Hummingbird Technologies

Series A in 2018
Hummingbird Technologies Limited, an artificial intelligence company, develops solutions using imagery and data analytics from satellite, drone, plane, and robot technology. It offers Hummingbird, a drone-enabled data and imagery analytics solution that provide farmers with high-resolution maps of their crops at critical decision-making junctions in the season. The company also provides crop stress detection, detection of diseases, weed grass mapping, nutrient management mapping, as well as yield prediction and plant counting in row crops for cereals, potatoes, soybean, sugar beet, and rape/canola oilseeds. It serves agriculture sector. Hummingbird Technologies Limited was founded in 2015 and is based in London, United Kingdom.

MoveGB

Venture Round in 2018
MoveGB They are a company on the Move! Originally founded in Bath, UK in 2013, They are now one of the fastest growing fitness companies in the world. Their founder is one of the world's leading experts in exercise adherence and created Move based on the science of how to make staying healthy and happy easier.

Spirable

Seed Round in 2018
Spirable is a London-based company that operates a software-as-a-service (SaaS) platform designed to help brands create personalized video content. Founded in 2014, Spirable allows brands to combine creative assets like product images and video clips with various types of data, including customer relationship management (CRM), social audience insights, and live contextual information. This enables brands to generate tailored video content for individual customers efficiently. The platform serves diverse industries, including retail, consumer packaged goods, travel, sports betting, and telecommunications. By offering a solution that streamlines video production, Spirable empowers brands to produce reactive and relevant video content at the touch of a button.

e.fundamentals

Series A in 2018
Category growth for CPG leaders delivering digital shelf analytics and insights to the world's leading brands.

Virtuoso

Seed Round in 2018
SpotQA develops a next-gen digital QA platform to enable users to deliver tomorrow’s QA and test automation solutions today. It offers advanced web and mobile QA automation solutions and services, enabled by innovations and powered by cutting edge technologies and a team of QA experts. The company helps users build better quality software faster and more frequently, with fewer defects. SpotQA was founded on 2016 and is headquartered in London.

StarStock

Venture Round in 2017
StarStock Ltd. owns and operates an online drinks marketplace which connects suppliers to wholesalers, pubs, shops, bars, and restaurants nationwide. The company offers lagers, ales and bitters, craft, ciders, wines, spirits, flavored alcoholic drinks, and soft drinks. StarStock Ltd. was founded in 2012 and is based in London, United Kingdom.

CURO

Venture Round in 2017
Curo Compensation Limited offers CuroComp, a software-as-a-service solution designed for compensation planning and management in mid to large corporations. The platform automates the annual compensation review process, facilitating salary, bonus, and share option awards. It provides comprehensive services that include compensation review, communication, and reporting, as well as supporting various award structures. CuroComp aims to optimize compensation spending and ensure that organizations can confidently allocate rewards to the right individuals while maintaining fairness and alignment with business risks. The software features advanced analytical tools that empower companies to leverage compensation data, enhancing productivity and overall performance. Established in 2009, Curo is based in London and serves a diverse clientele, including blue-chip organizations both in the United Kingdom and internationally.

Limitless

Seed Round in 2017
Limitless Technology Ltd, founded in 2016 and based in London, develops an AI-powered platform that enhances customer service engagements. This platform allows businesses to connect customers with qualified experts to address inquiries on-demand, offering a faster and more cost-effective service. By leveraging customer interactions and feedback, the system continually improves through AI, automating responses to lower-value queries over time. Limitless operates in over 20 countries and serves notable clients such as Microsoft, Unilever, and Sage. The company is backed by investors including Unilever Ventures, Downing Ventures, and Albion Capital.

LoyaltyLion

Venture Round in 2017
LoyaltyLion is a London-based company that specializes in a data-driven loyalty and engagement software tailored for e-commerce businesses. Founded in 2012, it provides an online platform that allows small stores to create personalized loyalty programs to enhance customer engagement and retention. Through its innovative framework, businesses can reward customers for various activities such as signups, comments, reviews, referrals, and purchases. LoyaltyLion's platform not only helps to increase purchase frequency but also enables companies to gain insights into customer behavior and program performance. By facilitating rewards for referrals through social media and email, LoyaltyLion effectively supports e-commerce growth and empowers businesses to elevate their marketing strategies. The company was previously known as Prizgo Limited before rebranding in 2013.

Smart Matrix

Venture Round in 2017
Smart Matrix Limited is a medical device company based in Northwood, United Kingdom, specializing in wound care and regenerative medicine. Founded in 2011, the company develops innovative products aimed at treating skin injuries, traumas, and wounds. Its flagship product, Smart Matrix, incorporates biochemical features designed to enhance tissue regeneration and support wound healing processes. The firm leverages proprietary technology developed by the Restoration of Appearance and Function Trust to commercialize its offerings, addressing the needs of patients suffering from various skin damages.

Movivo

Venture Round in 2017
Movivo is a London-based company founded in 2013 that operates a mobile application designed to help users earn free airtime for their mobile phones. The application allows users to cover the cost of mobile minutes by completing surveys, performing crowdsourced tasks, and downloading new mobile apps. Additionally, Movivo enables users to discover new mobile content while consistently expanding its partnerships with telecom operators worldwide to enhance its service offerings. Through these initiatives, Movivo provides a unique platform that rewards user engagement with free mobile airtime and data.

Touchlight Genetics

Venture Round in 2017
Touchlight Genetics Ltd. is a biotechnology company based in Leatherhead, United Kingdom, focused on DNA therapies and technology. Founded in 2008, the company has developed the proTL synthetic DNA platform, which enables the production of doggybone closed linear DNA without the need for bacterial fermentation. This innovative approach serves various applications including veterinary vaccines, monoclonal antibodies, gene therapy, allergy treatment, RNA interference therapies, and stem cell reprogramming. Touchlight has assembled a skilled team of scientists and drug development experts, led by founder and CEO Jonny Ohlson, who is supported by a dynamic management team. The company has formed strategic collaborations with prestigious academic institutions such as Imperial College London and the University of Pennsylvania, contributing to the advancement of its technologies and the establishment of therapeutic proof-of-principle.

WeTrack

Venture Round in 2017
WeTrack Software Limited develops project management software solutions. The company also develops an Incident Management System (IMS) an optional extension to WeTrack project management software. The company's software helps in event management. WeTrack Software Limited was incorporated in 2012 and is based in London, United Kingdom.

Trouva

Series A in 2017
Trouva, established in September 2015, operates an online marketplace that connects customers with unique homeware and lifestyle products from independent boutiques across Europe. The platform features a curated selection of items, allowing customers to discover and purchase products directly from these shops. Trouva enhances the retail experience by offering services such as click and collect, one-hour delivery, and worldwide shipping, effectively bridging the gap between online and offline shopping. By enabling independent stores to reach a broader audience, Trouva supports the growth of local businesses while providing consumers access to distinctive products not typically found in larger retail chains.

BridgeU

Series A in 2017
BridgeU Limited operates a cloud-based platform designed to assist students and advisors in the university preparation process. Founded in 2013 and based in Sevenoaks, United Kingdom, BridgeU supports students applying to universities in several countries, including the United States, the United Kingdom, Canada, the Netherlands, and Hong Kong. The platform addresses the challenges faced by schools in guiding students towards appropriate post-secondary destinations by streamlining the navigation of various systems and managing the complexities of international university applications. With a growing number of students seeking higher education abroad, BridgeU partners with schools in over 60 countries, aiming to provide effective and modern university and career guidance to equip students for future opportunities.

Destiny Pharma

Post in 2017
Destiny Pharma is an innovative pharmaceutical company dedicated to the development of novel antimicrobial products. Our XF series of compounds have a mechanism of action that is fundamentally different from all existing antibiotics. As the likelihood of resistance developing is very remote, they offer potential advantages in controlling the drug-resistant bacteria that are at the centre of a global healthcare crisis.

Empiribox

Venture Round in 2017
Empiribox Limited is a supplier of science equipment and teaching resources aimed at enhancing the quality of science education in primary schools. Established in 2017 and located in Didcot, United Kingdom, the company focuses on addressing various challenges that affect science teaching. By providing teachers with the necessary tools, Empiribox helps facilitate engaging and inspirational science lessons throughout the academic year, both in the UK and internationally.

Volo

Venture Round in 2017
Volo collects data and intelligence from all over the commerce ecosystem, online & offline, and uses AI to provide real-time actionable insights. By combining search, social, purchase and customer data, Volo makes intelligent recommendations to brands and retailers which improve their revenues, customer satisfaction and audience reach. Volo was established in 2006 to serve multichannel ecommerce businesses and has grown exponentially since, processing over $1.5 billion of trade since 2010. The company’s customers include Superdry, Office, Dixons Carphone, ProCook and BMW.

Glisser

Venture Round in 2017
Glisser Ltd. is a London-based company that offers a web and mobile software solution designed to enhance presentations through interactive features. Founded in 2014, Glisser enables presenters and event organizers to share slides directly to audience members' devices in real-time, allowing attendees to engage with the content by annotating slides and saving them for later use. The platform also incorporates social elements, such as slide-by-slide voting, audience questions, and polls, facilitating a more dynamic and engaging presentation experience. By transforming traditional PowerPoint presentations into interactive tools, Glisser aims to improve audience participation and feedback during events.

Destiny Pharma

Venture Round in 2017
Destiny Pharma is an innovative pharmaceutical company dedicated to the development of novel antimicrobial products. Our XF series of compounds have a mechanism of action that is fundamentally different from all existing antibiotics. As the likelihood of resistance developing is very remote, they offer potential advantages in controlling the drug-resistant bacteria that are at the centre of a global healthcare crisis.

Movivo

Venture Round in 2017
Movivo is a London-based company founded in 2013 that operates a mobile application designed to help users earn free airtime for their mobile phones. The application allows users to cover the cost of mobile minutes by completing surveys, performing crowdsourced tasks, and downloading new mobile apps. Additionally, Movivo enables users to discover new mobile content while consistently expanding its partnerships with telecom operators worldwide to enhance its service offerings. Through these initiatives, Movivo provides a unique platform that rewards user engagement with free mobile airtime and data.

CURO

Venture Round in 2017
Curo Compensation Limited offers CuroComp, a software-as-a-service solution designed for compensation planning and management in mid to large corporations. The platform automates the annual compensation review process, facilitating salary, bonus, and share option awards. It provides comprehensive services that include compensation review, communication, and reporting, as well as supporting various award structures. CuroComp aims to optimize compensation spending and ensure that organizations can confidently allocate rewards to the right individuals while maintaining fairness and alignment with business risks. The software features advanced analytical tools that empower companies to leverage compensation data, enhancing productivity and overall performance. Established in 2009, Curo is based in London and serves a diverse clientele, including blue-chip organizations both in the United Kingdom and internationally.

Papier

Series A in 2017
Papier Limited designs and prints customized cards and invitations. It offers birthday, thank you, congratulations, love, sympathy, photo, and other occasional cards; seasonal cards; and wedding, birthday party, kids party, party, anniversary, photo, and other invitation cards. The company also provides stationary, as well as photo products. In addition, it operates digital printing studios. The company was founded in 2015 and is based in London, United Kingdom.

Vivacity Labs

Grant in 2017
Vivacity Labs Ltd. provides hyper-local data for smart cities and intelligent transport systems. It offers services for smart cities, such as car parking sensing, bus occupancy sensing, and traffic monitoring; and intelligent monitoring and data provision in the areas of road transport, including traffic monitoring and cyclists. The company also provides services to generate deep insight about the operations of rail management, such as predictive management and long-term analytics. In addition, it offers video analytics services, such as extracting relevant data from video feeds to provide genuine insight; and data feeds across API access or online interfaces in the areas of detailed speed, counts, heat maps, and prediction. Vivacity Labs Ltd. was founded in 2015 and is based in London, United Kingdom.

myrecovery

Venture Round in 2017
myrecovery is your digital companion when undergoing orthopaedic surgery. They help you plan your recovery in the most simple and straightforward way so you can get back to doing what matters most. myrecovery is a trading name of Future Health Works Ltd.

Baby2Body

Seed Round in 2017
Baby2Body is a health and wellness app dedicated to supporting women during fertility, pregnancy, and the postpartum period. The platform offers personalized coaching in fitness, nutrition, and emotional well-being, utilizing machine learning and evidence-based content to tailor advice to each user. The app provides comprehensive resources, including nutrition guides specifically designed for pregnancy and motherhood, as well as updates on baby growth and development. Since its inception, Baby2Body has successfully reached over a million women across 100 countries, emphasizing its commitment to helping women maintain their health and happiness during and after pregnancy.

hackajob

Venture Round in 2017
Hackajob is an online recruitment platform that connects technical candidates with employers through a unique process that emphasizes skill assessments and job-specific challenges. Founded in 2014 and based in London, the platform addresses the challenges of traditional recruitment by utilizing data-driven algorithms to match candidates with suitable positions based on their skills and experience. This approach not only facilitates direct communication between employers and candidates, including passive talent, but also aims to eliminate unconscious bias in hiring. Many well-known companies rely on hackajob to streamline their recruitment processes, reduce time to hire, and enhance candidate engagement, ultimately creating a more efficient and equitable hiring landscape in the tech industry.

Miappi

Venture Round in 2017
Miappi Ltd is a London-based company founded in 2012 that specializes in developing an AI-enabled software platform for brands to manage and curate both user-generated and brand-owned content. This platform utilizes machine learning to collect content from various social media feeds, such as Facebook, Instagram, Twitter, and YouTube. Miappi enables businesses to create visually appealing social walls for display on websites, digital screens, touch kiosks, and at events, enhancing brand visibility and engagement. The company also focuses on identifying influential contributors and predicting content performance, allowing brands to optimize their marketing strategies. By leveraging authentic consumer-generated content, Miappi helps brands reduce marketing costs and streamline their content creation processes, making it a valuable tool in modern marketing efforts.

Kinderly

Venture Round in 2017
Kinderly develops software for early years’ education to help childcare professionals comply with government regulation, to improve communication with parents, and to encourage a fun learning environment at home. It is based in London, England.

Open Bionics

Venture Round in 2017
Brunel Hand is a robotic hand with nine degrees of freedom for researchers. They use 3D printing to make their devices customized for each customer and accessible by anyone! They're developing the perfect medical grade materials to give their hands the right strength and grip and to make them last.

MoveGB

Venture Round in 2017
MoveGB They are a company on the Move! Originally founded in Bath, UK in 2013, They are now one of the fastest growing fitness companies in the world. Their founder is one of the world's leading experts in exercise adherence and created Move based on the science of how to make staying healthy and happy easier.

Xupes

Venture Round in 2017
Xupes believes in an honest and efficient internet marketplace in which customers have the confidence to purchase luxury products from the comfort of their own home, whilst still receiving the very best in customer service. The rapidly expanding company owes its success to its expertise in watches, jewellery, art and antiques, as well as other associated exquisite products.

Kao Data

Debt Financing in 2017
Kao Data, launched in 2018, operates a campus of four advanced, carrier-neutral data centers located near London. This development adds significant capacity to the UK market and supports the growing demand for data services. With a focus on high-density computing, Kao Data provides a range of colocation options and specialized services for sectors such as high-performance computing (HPC) and artificial intelligence (AI). The campus, powered entirely by renewable energy, is designed to support an ITE load exceeding 35MW across 150,000 square feet of technical space. Additionally, Kao Data offers build-to-suit solutions, catering to both hyper-scale international clients and enterprises seeking comprehensive data center facilities.

Genetrainer

Venture Round in 2017
Genetrainer is a website that provides a personalized fitness plan for users based on their genes. Genetrainer provides online training plans, exercises and advice personalized to the user by using their DNA, thus helping them to find the fastest route to achieving their individual training goals. Genetrainer stays up to date with the user's fitness level through connection to a range of popular devices and apps, combining lifestyle and genetics to give you the fastest route to achieving your individual training goals.

True AI

Grant in 2017
True AI Limited is a London-based artificial intelligence company focused on enhancing customer service through innovative software solutions. Founded in 2015, the company is developing a product called TypeGenie, which utilizes a deep learning algorithm to automate customer interactions. This technology enables the software to learn and generate responses in conversations, thereby streamlining customer service operations and improving overall customer experience. True AI also provides chat management software and reply suggestions for customer service agents across various channels. The company's advancements are rooted in extensive research and leverage the latest breakthroughs in machine learning.

Memgraph

Seed Round in 2017
Memgraph offers a real-time graph database. It is a database which understands the relationships between its data points, generating meaning just like a human brain. It is built for the cloud, accessible and scalable for every technology innovator on Earth, and the is backend to the AI revolution.