Herald Ventures

Herald Ventures is a London-based venture capital firm founded in 1999, specializing in development capital investments across early, mid, and late-stage technology, communications, and media companies. The firm targets unquoted companies based in the United Kingdom and typically invests between £0.25 million and £3 million per company. Herald Ventures prefers to acquire minority stakes in its portfolio companies and often seeks board representation. The firm does not engage in biotechnology or pharmaceuticals investments and can operate as a sole investor or collaborate with other firms in syndicates. Herald Ventures functions as a subsidiary of Herald Investment Management Limited, which has been active in the asset management sector since 1993.

Fraser Elms

Fund Manager

Taymour Ezzat

Fund Manager

Robert Gorton

Fund Manager

Katherine Potts

Founder, Managing Director and Lead Fund Manager

Katie Potts

Managing Director

Simon Roberts

Fund Manager

26 past transactions

Cirata

Post in 2019
CEO David Richards and Chief Scientist Dr. Aahlad co-founded WANdisco in 2005. They grew the company without raising any private equity, venture capital or angel funding and led it to a highly successful IPO on the London Stock Exchange on June 1st 2012. The IPO raised over $24 million and was oversubscribed by more than 300%. The list of investors included Fidelity, Legal & General, BlackRock, Artemis, Hargreave Hale, Cazenove, M&G, Octopus and Standard Life. Chief Scientist Dr. Yeturu Aahlad is a leading authority on distributed computing. His vision and years of persistence led to the invention of WANdisco's patented Active Data Replication™ technology. The technology enables continuous consistent connectivity to data as it changes wherever it is located. It provides you with access to your data anytime and anywhere with no downtime and no disruption. WANdisco has an OEM with IBM as well as strategic partnerships with Amazon Web Services, Cisco, Google, HP Enterprise, Microsoft Azure and Oracle to resell its patented technology. WANdisco works directly with Fortune 1000 companies around the world to ensure their data gives them the real insight they need. To learn more about WANdisco's story watch https://www.youtube.com/watch?v=KXwzQYVxZFM

Attraqt

Post in 2015
Attraqt (LON: ATQT) powers exceptional shopping experiences for over 240 of the world’s leading retail brands. Attraqt’s core product, Fredhopper Discovery Platform, drives relevant and inspiring ecommerce experiences through personalization, search, recommendations, internationalization and Merchandising SaaS solutions. Simple-to-use interfaces and efficient workflows enable Merchandisers to take full control and enhance the value of smart automation with their own strategic expertise and creativity. Attraqt is publicly listed on LSE: AIM and headquartered in London, with offices in Amsterdam, Chicago, Paris, Sofia, Hamburg and Sydney.

Celoxica

Venture Round in 2012
Based in London, United Kingdom, Celoxica delivers latency market data access and order execution solutions to the advanced trading community. The company’s solutions include a full range of market data feed handlers for the main U.S. and European equities, options, futures exchanges, and FX. With clients that include trading firms who co-locate their strategic applications in high frequency trading environments, market making, liquidity provision, algorithmic trading, and smart order routing, the company also offers a single access point for brokers and their clients by handling inbound FIX, credit check, and outbound native protocol to the execution venues. Celoxica was founded in 1996.

Jazz FM

Venture Round in 2009
Jazz FM plays the world’s greatest jazz, blues and soul, from the world’s greatest artists. We call it 'Listen in Colour'.They are the home of jazz, soul and blues. Their musical output is unique and is a mixture of truly eclectic new music and well known pieces by the legends of jazz, selected by the UK's finest presenters, each experts in their field.

Celoxica

Venture Round in 2010
Based in London, United Kingdom, Celoxica delivers latency market data access and order execution solutions to the advanced trading community. The company’s solutions include a full range of market data feed handlers for the main U.S. and European equities, options, futures exchanges, and FX. With clients that include trading firms who co-locate their strategic applications in high frequency trading environments, market making, liquidity provision, algorithmic trading, and smart order routing, the company also offers a single access point for brokers and their clients by handling inbound FIX, credit check, and outbound native protocol to the execution venues. Celoxica was founded in 1996.

Antenova

Venture Round in 2008
Antenova, Ltd. engages in the design, development, and supply of standard and custom antennas, and radio frequency antenna modules. Its products are used in mobile handsets, adapters, portable devices, laptop computers, and wireless devices. Antenova, Ltd. was incorporated in 1999 and is headquartered in Stow-cum-Quy, the United Kingdom. It has design, and sales and support centers in Taipei, Taiwan; Chicago, Illinois; and Shanghai, China, as well as manufacturing operations in Taiwan and China.

Celoxica

Venture Round in 2008
Based in London, United Kingdom, Celoxica delivers latency market data access and order execution solutions to the advanced trading community. The company’s solutions include a full range of market data feed handlers for the main U.S. and European equities, options, futures exchanges, and FX. With clients that include trading firms who co-locate their strategic applications in high frequency trading environments, market making, liquidity provision, algorithmic trading, and smart order routing, the company also offers a single access point for brokers and their clients by handling inbound FIX, credit check, and outbound native protocol to the execution venues. Celoxica was founded in 1996.

CriticalBlue

Series C in 2008
CriticalBlue Limited provides software analysis and optimization services. It offers Prism which is an embedded programming system. The company also develos an application that protects digital assests from cyber attacks. CriticalBlue Limited was formerly known as Adaptive Programmable Silicon Ltd. and changed its name to CriticalBlue Limited in December 2003. The company was incorporated in 2001 and is based in Edinburgh, United Kingdom.

Enigmatec

Series D in 2008
Enigmatec Corporation Ltd. offers automation solutions for physical and virtual resource management. The company offers Execution Management System, an automation solution to implement run book automation solutions that describe the process of cataloguing, codifying, testing, and automating the manual, scripted, and ad hoc procedures used to manage information technology (IT) environments. It offers Enigmatec Virtual Orchestrator, which provides a self-service request user interface that automates IT workflows to provision, configure, allocate, and reclaim virtual resources; Enigmatec Automated Disaster Recovery that creates, deploys, manages, and monitors various aspects of disaster recovery operations; Execution Management System, a solution to automate repetitive scripted or manual tasks; and integrations and adapters for various commercial and in-house technologies. Enigmatec Corporation Ltd. also provides Cloud Lifecycle Management Solution that manages requests and resources that are sourced from internal source and acquired from the cloud. In addition, it offers Rapid Start Program for virtualization management, process audit, and training; and a range of courses, including introductory, intermediate, and advanced classes for developers, integration specialists, system administrators, and IT operators. The company was founded in 2002 and is based in London, United Kingdom with an additional office in New York, New York.

CriticalBlue

Series B in 2006
CriticalBlue Limited provides software analysis and optimization services. It offers Prism which is an embedded programming system. The company also develos an application that protects digital assests from cyber attacks. CriticalBlue Limited was formerly known as Adaptive Programmable Silicon Ltd. and changed its name to CriticalBlue Limited in December 2003. The company was incorporated in 2001 and is based in Edinburgh, United Kingdom.

Celoxica

Venture Round in 2005
Based in London, United Kingdom, Celoxica delivers latency market data access and order execution solutions to the advanced trading community. The company’s solutions include a full range of market data feed handlers for the main U.S. and European equities, options, futures exchanges, and FX. With clients that include trading firms who co-locate their strategic applications in high frequency trading environments, market making, liquidity provision, algorithmic trading, and smart order routing, the company also offers a single access point for brokers and their clients by handling inbound FIX, credit check, and outbound native protocol to the execution venues. Celoxica was founded in 1996.

Ather Energy

Series E in 2022
Ather Energy Pvt. Ltd. designs, manufactures, and markets electric scooters. The company sells its products on pre-order basis in Bengaluru, Chennai, and Pune, India. Ather Energy Pvt. Ltd. was incorporated in 2013 and is based in Bengaluru, India.

Commerce Decisions

Series B in 2003
Commerce Decisions delivers proven software – AWARD, best practice knowledge and expert services to assist sourcing projects through-life; from preparation, qualification, evaluation, negotiation to continuous supplier performance review and contract compliance. AWARD software provides a central web-based information and process & infrastructure enabling project teams to collaboratively make major contract decisions and monitor subsequent performance. It is proven to significantly increase contract value and reduce risk and used in projects totalling over £150 billion to date. AWARD is available in the UK via a number of routes, including CCS frameworks. Commerce Decisions customers include the Department for Transport, DWP, Defra, Transport for London, NHS, the UK Olympic Delivery Authority, the British Broadcasting Corporation, defence contractors and the UK and Finnish MOD.

Info

Series A in 2004
Info.com is a search engine portal that returns results from 'the world's favorite search engines', including [Google](http://www.crunchbase.com/organization/google), [Yahoo](http://www.crunchbase.com/organization/yahoo), [Microsoft](http://www.crunchbase.com/organization/microsoft), and [Ask](http://www.crunchbase.com/organization/ask).

Celoxica

Venture Round in 2007
Based in London, United Kingdom, Celoxica delivers latency market data access and order execution solutions to the advanced trading community. The company’s solutions include a full range of market data feed handlers for the main U.S. and European equities, options, futures exchanges, and FX. With clients that include trading firms who co-locate their strategic applications in high frequency trading environments, market making, liquidity provision, algorithmic trading, and smart order routing, the company also offers a single access point for brokers and their clients by handling inbound FIX, credit check, and outbound native protocol to the execution venues. Celoxica was founded in 1996.

Natilik

Venture Round in 2010
Natilik provide solutions across five key technology areas - Collaboration, Networking, Security, Data Centre and Connectivity

i-nexus

Series A in 2008
Global leaders turn to i-nexus to translate strategy into goals, goals into action, and action into results. With proven enterprise readiness and support for leading best practices such as Hoshin Kanri and Lean, our solutions for strategy deployment and continuous improvement enable large organizations to achieve more of their goals, faster and with less effort. Today more than 50k professionals use i-nexus to globally manage over 150k programs, generating over $1b in realized customer value to date.

Enigmatec

Series C in 2007
Enigmatec Corporation Ltd. offers automation solutions for physical and virtual resource management. The company offers Execution Management System, an automation solution to implement run book automation solutions that describe the process of cataloguing, codifying, testing, and automating the manual, scripted, and ad hoc procedures used to manage information technology (IT) environments. It offers Enigmatec Virtual Orchestrator, which provides a self-service request user interface that automates IT workflows to provision, configure, allocate, and reclaim virtual resources; Enigmatec Automated Disaster Recovery that creates, deploys, manages, and monitors various aspects of disaster recovery operations; Execution Management System, a solution to automate repetitive scripted or manual tasks; and integrations and adapters for various commercial and in-house technologies. Enigmatec Corporation Ltd. also provides Cloud Lifecycle Management Solution that manages requests and resources that are sourced from internal source and acquired from the cloud. In addition, it offers Rapid Start Program for virtualization management, process audit, and training; and a range of courses, including introductory, intermediate, and advanced classes for developers, integration specialists, system administrators, and IT operators. The company was founded in 2002 and is based in London, United Kingdom with an additional office in New York, New York.

PrecisionPoint

Venture Round in 2006
PrecisionPoint Software, Ltd. provides business intelligence solutions for Microsoft ERP application products. It offers PrecisionPoint Business Warehouse for financial reporting, sales analysis, supply-chain/inventory analysis, and profitability analysis. The company was formerly known as AnalySoft Development, Ltd. and changed its name to PrecisionPoint Software, Ltd. in November 2006. PrecisionPoint Software, Ltd. was founded in 2002 and is headquartered in Bracknell, the United Kingdom with an additional office in Waltham, Massachusetts. It also has sales and support offices in Johannesburg, South Africa; and New Jersey, California, and Texas.

CriticalBlue

Series A in 2003
CriticalBlue Limited provides software analysis and optimization services. It offers Prism which is an embedded programming system. The company also develos an application that protects digital assests from cyber attacks. CriticalBlue Limited was formerly known as Adaptive Programmable Silicon Ltd. and changed its name to CriticalBlue Limited in December 2003. The company was incorporated in 2001 and is based in Edinburgh, United Kingdom.

Sphere Medical Holding

Venture Round in 2006
Sphere Medical Holding plc develops and sells medical monitoring and diagnostic equipment in the United Kingdom, Europe, and Japan. The company offers Proxima solution for measuring blood gases, electrolytes, and metabolites for ill and unstable patients. The company was formerly known as Sphere Medical Holding Limited and changed its name to Sphere Medical Holding plc in November 2006. Sphere Medical Holding plc was incorporated in 2001 and is based in Cardiff, the United Kingdom.

Green Plug

Series B in 2010
Green Plug, Inc. develops digital controller technology to the AC-DC power adapter market. The company offers Green Power Processor, a novel processor that provides control of the power supply and communication with enabled devices; Green Load Processor, a hardware and software protocol stack that exists in existing processors on the load device; Greentalk that provides an application layer API for applications supporting home and office power management and reporting; and power adapters. It also provides professional services. Green Plug, Inc. was founded in 2006 and is based in San Ramon, California.

i-nexus

Venture Round in 2008
Global leaders turn to i-nexus to translate strategy into goals, goals into action, and action into results. With proven enterprise readiness and support for leading best practices such as Hoshin Kanri and Lean, our solutions for strategy deployment and continuous improvement enable large organizations to achieve more of their goals, faster and with less effort. Today more than 50k professionals use i-nexus to globally manage over 150k programs, generating over $1b in realized customer value to date.

Green Plug

Series C in 2012
Green Plug, Inc. develops digital controller technology to the AC-DC power adapter market. The company offers Green Power Processor, a novel processor that provides control of the power supply and communication with enabled devices; Green Load Processor, a hardware and software protocol stack that exists in existing processors on the load device; Greentalk that provides an application layer API for applications supporting home and office power management and reporting; and power adapters. It also provides professional services. Green Plug, Inc. was founded in 2006 and is based in San Ramon, California.

ProPhotonix Limited (OTCPK:STKR)

Merger/Acquisition in 2017
ProPhotonix Limited designs, manufactures, and sells light emitting diode (LED) illumination solutions and laser modules in the United States, Canada, the United Kingdom, Europe, and Asia. The company operates through two segments, LED’s and Laser & Diodes. It offers COBRA Cure FX series of (UV) LED curing systems for UV curing of inks, coatings, and adhesives; COBRA series LED line light products for line scan and Web inspection; LOTUS LED line lights with integrated intensity control designed for machine vision applications; and SpecBright LED line lights for original equipment manufacturers (OEMs), system integrators, and end users. The company also provides LED spot, area, ring, and long or short range spot lights for use in machine vision, biomedical, life sciences, fluorescence, security, curing, and other industrial imaging applications, as well as LED module accessories, such as thermal management products and heat sinks under the SpecBright name. In addition, it provides laser modules, including alignment, compact, digital laser, fiber coupled laser diode, green laser, industrial, photon, threadmount, and TEC modules; nanosecond pulsed lasers; CW modules; structured light lasers; laser assemblies and lenses; UV laser solutions; wavelength combiner lasers; and custom and OEM products. Further, the company distributes Ushio ex OCLARO/Opnext, Osram, Panasonic, Sony, QSI, and Ondax semiconductor laser diode products. The company’s products are used in 3D scanning, machine vision lighting, industrial alignment, military, medical, UV curing, security and transport, packaging, pharmaceutical, printing, semi-conductor, solar, and other industry applications. ProPhotonix Limited was founded in 1951 and is headquartered in Salem, New Hampshire.