Chroma Ventures

Chroma Ventures, established in 2021 by Paddy Burns and Chris van der Kuyl, co-founders of 4J Studios, focuses on investing in data-led businesses and innovative technology firms. Based in Dundee, United Kingdom, Chroma Ventures provides flexible capital to a diverse portfolio of early-stage and established companies with significant growth potential. The firm's investments span various sectors, including software and gaming, reflecting its commitment to supporting businesses that leverage data and technology. Notable direct investments include significant stakes in companies such as TVSquared, Parsley Box, Broker Insights, and Puny Astronaut. Additionally, Chroma Ventures holds indirect investments through partnerships with funds like LVP, Social Investment Scotland, and Seedhaus, further expanding its reach and impact in the investment landscape.

Paddy Burns

Principal

Daniel Jassy

General Partner

5 past transactions

Ant Workshop

Venture Round in 2022
Ant Workshop is a microstudio founded in January 2015 by Tony Gowland, specializing in the development of original intellectual property and unique video games characterized by an off-beat sense of humor. The studio is known for creating small indie games and provides console porting services, allowing developers to release their titles across multiple platforms. Ant Workshop has gained recognition for its creative approach, earning a nomination for the TIGA Award.

Broker Insights

Series A in 2021
Broker Insights Limited, founded in 2017 and based in Dundee, United Kingdom, operates an online platform designed for the commercial insurance market. The platform serves as a connection between insurers and regional brokers, utilizing market data and analytics to enhance business opportunities. By compiling and standardizing commercial insurance market data, Broker Insights facilitates better exploration of information, strategic placement decisions, and improved interactions between brokers and insurers. This approach aims to boost efficiency and earnings for both parties, enabling them to collaborate more effectively in the global commercial insurance industry.

Parsley Box

Funding Round in 2021
Parsley Box Ltd. is a UK-based company that specializes in delivering ready meals directly to consumers aged 60 and over, often referred to as the Baby Boomer demographic. Established in 2017 and located in Livingston, the company offers a core range of over 60 single-portion meals that do not require refrigeration or freezing, catering to the needs of an underserved market. In addition to its meal offerings, Parsley Box provides a variety of complementary products, including wines, spirits, cakes, desserts, and gift items such as chocolates.

Ace Aquatec

Venture Round in 2019
Ace Aquatec Limited is a company focused on providing innovative technological solutions to the aquaculture and marine industries. Established in 1999 and headquartered in Dundee, United Kingdom, with additional offices in Scotland and Canada, Ace Aquatec specializes in several key areas, including acoustic marine mammal deterrents, humane electrical fish stunning equipment, and underwater 3D cameras for biomass measurement. Their products are designed to enhance animal welfare and promote responsible marine practices. The US3 model of acoustic deterrent serves the fish farming sector by offering advanced features such as data logging and sonar triggering, while the MMD model targets longline fishermen and offshore platforms involved in activities like pile driving and oil spill responses. Through these innovations, Ace Aquatec aims to support sustainable practices in aquaculture and marine operations globally.

Broker Insights

Seed Round in 2018
Broker Insights Limited, founded in 2017 and based in Dundee, United Kingdom, operates an online platform designed for the commercial insurance market. The platform serves as a connection between insurers and regional brokers, utilizing market data and analytics to enhance business opportunities. By compiling and standardizing commercial insurance market data, Broker Insights facilitates better exploration of information, strategic placement decisions, and improved interactions between brokers and insurers. This approach aims to boost efficiency and earnings for both parties, enabling them to collaborate more effectively in the global commercial insurance industry.
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