Herald Ventures

Herald Ventures is a venture capital firm based in London, United Kingdom, focused on providing development capital to early, mid, and late-stage unquoted companies within the technology, communications, and media sectors. Established in 1999, the firm does not invest in biotechnology or pharmaceuticals. Herald Ventures typically invests between £0.25 million and £3 million per company, primarily seeking minority stakes and board representation in its portfolio. The firm operates as a subsidiary of Herald Investment Management Limited and has the flexibility to invest independently or alongside other firms, concentrating its efforts on companies located in the UK.

Fraser Elms

Analyst

Katie Potts

Managing Director and Founder

25 past transactions

Ather Energy

Series E in 2022
Ather Energy is an Indian manufacturer of electric scooters and a charging network known as AtherGrid, dedicated to creating a comprehensive ecosystem for electric vehicles in the country. The company's flagship product, the Ather 450X, is celebrated for its powerful performance, extended range, and innovative smart features, including a touchscreen dashboard and connectivity through a mobile app. Ather also offers the Ather 450 Plus, which shares many of the advanced features of the 450X while being more affordable. Both models are equipped with lithium-ion battery packs and a digital battery management system, providing users with essential functions such as navigation, ride statistics, and access to charging points, thereby promoting a cleaner and safer mode of transportation. Ather Energy emphasizes indigenous design and local manufacturing in its operations.

Cirata

Post in 2019
Cirata is a provider of collaboration software tailored for the software development industry. The company specializes in Active Data Replication, a patented technology that facilitates the continuous replication of changing data to both cloud and on-premises data centers. Cirata primarily targets the big data and source code management sectors, offering a range of services that include cloud migration, cloud replication, data lakes, developer collaboration, real-time analytics, and support for the Internet of Things. The company operates in North America, Europe, and other global markets, with North America representing its largest revenue source.

Attraqt Group

Post in 2015
Attraqt Group is a technology company that specializes in e-commerce solutions, focusing on site search, merchandising, and product recommendations. Founded in 2003 and headquartered in London, it serves a diverse range of sectors including fashion, homeware, health and beauty, and electronics, among others. Attraqt offers its services through a cloud-based Software as a Service platform, enabling retailers to enhance their online shopping experiences with AI-driven tools that optimize search functionality, navigation, and personalization. The company caters to over 300 leading brands and retailers, helping them to create individualized customer journeys from product discovery to purchase. In addition to its core technology offerings, Attraqt provides retail insights, technical expertise, and project management to support its clients in maximizing their e-commerce capabilities. With a presence in various international markets, including Europe and North America, Attraqt remains committed to driving innovation in the digital retail space.

Green Plug

Series C in 2012
Green Plug, Inc. is a technology company based in San Ramon, California, founded in 2006, specializing in digital controller technology for the AC-DC power adapter market. The company has developed innovative products such as the Green Power Processor, which manages power supply control and communication with connected devices, and the Green Load Processor, a protocol stack compatible with existing device processors. Additionally, Green Plug offers Greentalk, an application layer API that supports power management and reporting for home and office environments. By enabling real-time communication between electronic devices and their power sources, Green Plug addresses the inefficiencies associated with traditional power adapters, which often lead to waste and increased environmental impact. Their solutions allow for uniform cables and connectors that work across multiple devices, significantly reducing costs and resource waste while enhancing convenience for consumers. The company also provides professional services to support the implementation of its technologies.

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.

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.

Green Plug

Series B in 2010
Green Plug, Inc. is a technology company based in San Ramon, California, founded in 2006, specializing in digital controller technology for the AC-DC power adapter market. The company has developed innovative products such as the Green Power Processor, which manages power supply control and communication with connected devices, and the Green Load Processor, a protocol stack compatible with existing device processors. Additionally, Green Plug offers Greentalk, an application layer API that supports power management and reporting for home and office environments. By enabling real-time communication between electronic devices and their power sources, Green Plug addresses the inefficiencies associated with traditional power adapters, which often lead to waste and increased environmental impact. Their solutions allow for uniform cables and connectors that work across multiple devices, significantly reducing costs and resource waste while enhancing convenience for consumers. The company also provides professional services to support the implementation of its technologies.

Natilik

Venture Round in 2010
Natilik is a provider of communication and technology services aimed at supporting multinational organizations. The company offers solutions across five key technology areas: Collaboration, Networking, Security, Data Centre, and Connectivity. It specializes in consulting, designing, delivering, and optimizing unified communications, collaboration, and contact center products. By focusing on these areas, Natilik assists clients in improving their internal and external communication capabilities on both national and international levels.

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.

Antenova

Venture Round in 2008
Antenova Ltd specializes in the design, development, and supply of standard and custom antennas, as well as radio frequency antenna modules for a variety of applications. The company's products cater to the wireless machine-to-machine (M2M) and Internet of Things (IoT) sectors, along with consumer electronic devices. Antenova's offerings include specialized antennas for WLAN, Wi-Fi, GPS, and telecom applications, and encompass various product lines such as gigaNOVA, RADIONOVA, and ceriiANT. The company also provides integration services, antenna matching and testing, and custom antenna design alongside sales and technical support. Antenova's solutions are utilized across diverse sectors, including automotive, healthcare, wearables, industrial, and smart city technologies. Established in 1999, the company is headquartered in Hatfield, United Kingdom, with design and sales centers in Taipei, Chicago, and Shanghai, and manufacturing operations in Taiwan and China. Its products are distributed through a global network of distributors.

CriticalBlue

Series C in 2008
CriticalBlue Limited, based in Edinburgh, United Kingdom, specializes in software analysis and optimization services. The company offers Prism, an embedded programming system, and has developed Approov, an application designed to protect digital assets from cyber threats, particularly in API channels. Approov enhances mobile API security by addressing various vulnerabilities and inefficiencies through a seamless integration into existing software infrastructures. Founded in 2001 and initially known as Adaptive Programmable Silicon Ltd., CriticalBlue has established itself within the technology sector, combining extensive experience in software development with dynamic runtime technologies to provide effective and efficient digital business protection solutions.

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.

i-nexus

Venture Round in 2008
i-nexus Global PLC specializes in developing and selling enterprise cloud-based software on a software-as-a-service model, along with providing associated maintenance, support, software customization, and professional consultancy services. The company focuses on helping large organizations translate their strategy into actionable goals and results, utilizing best practices such as Hoshin Kanri and Lean methodologies. With a user base exceeding 50,000 professionals, i-nexus effectively manages over 150,000 programs, contributing to over $1 billion in realized customer value. The company operates primarily in the United Kingdom and the United States, with additional presence in Switzerland, Germany, and other regions, generating a significant portion of its revenue from the U.S. market.

i-nexus

Series A in 2008
i-nexus Global PLC specializes in developing and selling enterprise cloud-based software on a software-as-a-service model, along with providing associated maintenance, support, software customization, and professional consultancy services. The company focuses on helping large organizations translate their strategy into actionable goals and results, utilizing best practices such as Hoshin Kanri and Lean methodologies. With a user base exceeding 50,000 professionals, i-nexus effectively manages over 150,000 programs, contributing to over $1 billion in realized customer value. The company operates primarily in the United Kingdom and the United States, with additional presence in Switzerland, Germany, and other regions, generating a significant portion of its revenue from the U.S. market.

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.

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.

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.

PrecisionPoint

Venture Round in 2006
PrecisionPoint Software, Ltd. specializes in business intelligence solutions tailored for Microsoft ERP applications. Founded in 2002 and headquartered in Bracknell, United Kingdom, with additional offices in Waltham, Massachusetts, and sales and support locations in South Africa and various states in the U.S., the company offers a platform that facilitates financial reporting, sales analysis, inventory management, and profitability assessment. The PrecisionPoint Business Warehouse enables organizations to visualize and analyze transactional data effectively, helping them identify trends, opportunities, and potential issues in their operations.

CriticalBlue

Series B in 2006
CriticalBlue Limited, based in Edinburgh, United Kingdom, specializes in software analysis and optimization services. The company offers Prism, an embedded programming system, and has developed Approov, an application designed to protect digital assets from cyber threats, particularly in API channels. Approov enhances mobile API security by addressing various vulnerabilities and inefficiencies through a seamless integration into existing software infrastructures. Founded in 2001 and initially known as Adaptive Programmable Silicon Ltd., CriticalBlue has established itself within the technology sector, combining extensive experience in software development with dynamic runtime technologies to provide effective and efficient digital business protection solutions.

Sphere Medical Holding

Venture Round in 2006
Sphere Medical Holding is a company based in the United Kingdom that develops and manufactures medical monitoring and diagnostic equipment for critical care environments. Founded in 2001, the company specializes in creating innovative monitoring products that enable healthcare professionals to measure blood gases, electrolytes, and metabolites, which are essential for managing therapy for ill and unstable patients. Its flagship Proxima solution is designed to provide real-time data on various clinical analytes, including pH, glucose, and electrolytes, facilitating faster clinical decision-making and optimizing patient outcomes. In addition to analyzers for intensive care units and operating rooms, Sphere Medical offers cardiopulmonary bypass monitors and specialized sensors for catheters and other measurement probes. The company's commitment to research and development ensures that its products remain at the forefront of medical technology.

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.

Info

Series A in 2004
Info.com Inc. operates as a meta-search engine that aggregates results from various popular search engines, such as Google, Yahoo!, Bing, and Ask. The platform provides users with a comprehensive range of information, including research content, employment opportunities from diverse job boards and career pages, and travel details from online travel sites. Additionally, Info.com offers access to images from publisher libraries, videos from prominent providers like YouTube and CNN, and news from various sources. The site also facilitates online comparison shopping to aid in purchase decisions and provides health information sourced from medical websites, including specialist reports. Furthermore, it features classified listings for automobiles, pets, rentals, and used items. Established in 2004 and headquartered in Chicago, Illinois, Info.com aims to streamline the search experience by delivering diverse content in a user-friendly format.

CriticalBlue

Series A in 2003
CriticalBlue Limited, based in Edinburgh, United Kingdom, specializes in software analysis and optimization services. The company offers Prism, an embedded programming system, and has developed Approov, an application designed to protect digital assets from cyber threats, particularly in API channels. Approov enhances mobile API security by addressing various vulnerabilities and inefficiencies through a seamless integration into existing software infrastructures. Founded in 2001 and initially known as Adaptive Programmable Silicon Ltd., CriticalBlue has established itself within the technology sector, combining extensive experience in software development with dynamic runtime technologies to provide effective and efficient digital business protection solutions.

Commerce Decisions

Series B in 2003
Commerce Decisions offers specialized software and expert services to enhance the efficiency and effectiveness of sourcing projects throughout their lifecycle. Their primary product, AWARD, is a web-based platform that facilitates collaborative decision-making among project teams, enabling them to manage procurement processes from preparation to contract compliance. This software has been utilized in projects worth over £150 billion, demonstrating its ability to increase contract value and mitigate risks. Commerce Decisions serves a diverse clientele, including various government departments, public sector organizations, and defense contractors in the UK and Finland. In addition to its software offerings, the company provides guidance for both buyers and suppliers during procurement and post-contract review processes, ensuring a comprehensive approach to strategic and complex sourcing activities.

Bango

Venture Round in 2002
Bango plc is a technology company that specializes in facilitating mobile payments and marketing for products and services aimed at mobile phone users. The company operates through two main segments: End User Activity and Data Activity. Its flagship offering, the Bango Payment Platform, connects app stores and content providers directly with mobile operators globally, enabling seamless billing for digital content such as apps, music, and games. Additionally, Bango Marketplace allows developers to target specific customer audiences, while Bango Resale supports merchants in acquiring and retaining customers through global partnerships. The company also provides Audiens, a mobile data exchange platform. Established in 1999 and headquartered in Cambridge, UK, Bango serves markets in the United Kingdom, European Union, the United States, Canada, and other regions worldwide.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.