Despite challenging economic headwinds, the ecosystem of venture capital in London remains the second-largest global center for tech investments. In 2023, London-based VC firms accounted for 30% of all venture capital funds raised in Europe, with local startups having raised over $12B in VC funding.

Eager to explore the key players in this market? Check out our tailored list of venture capital firms in London. The information about their investment criteria and contact details will help you streamline your investor outreach process and enhance your fundraising efforts.

1. Atomico

➡️ Atomico, an investment company in London, allocates funds to tech companies, preferably across Europe. Since its inception in 2006, it has already supported over 130 startups.

Industries: Tech-driven sectors

Funding stage: Pre-seed – Later Stage

Total funds raised: $3,4B

Number of investments: 226

Number of exits: 40

Notable portfolio companies: Klarna, Compass, Masterclass

Contacts: LinkedIn

2. Index Ventures

➡️ Index Ventures helps entrepreneurs hone their bold ideas globally. With offices in London, San Francisco, and New York, they back ventures from Seed to IPO.  

Industries: AI&ML, Business Applications, Data, Entertainment, Fintech, Future of Work, Healthcare, Media, Mobility, Open Source, Retail, Security, Talent

Funding stage: Pre-seed – Later Stage

Total funds raised: $12,7B

Number of investments: 1131

Number of exits: 244

Notable portfolio companies: Notion, Loop, Monad

Contacts: LinkedIn

3. Balderton Capital

➡️ Balderton Capital invests in tech companies across Europe. This multistage London VC firm has over 20 years of experience and 250+ ventures in its portfolio. 

Industries: Open Finance, Data-Driven Health, Software, Mobility, Internet, Retail, Food, Entertainment

Funding stage: Pre-seed – Later Stage

Total funds raised: $4,4B

Number of investments: 409

Number of exits: 82

Value-added beyond money

  • Balderton Collective—a networking for its portfolio leaders to share and gain business insights
  • The Balderton Platform—a platform where the Balderton’s team provides advice, expert introductions, and access to workshops and networking events 

Notable portfolio companies: Revolut, Cleo, Aircall

Contacts: Get-in-touch page, LinkedIn

4. Molten Ventures

➡️ Molten Ventures channels funds to solve the hardest tech problems across healthcare, hardware, consumer, and software sectors. The firm focuses on Europe’s entrepreneurs seeking Series A and beyond funding. 

Industries: Cloud, Enterprise & SaaS, AI, Deep Tech & Hardware, Digital Health & Wellness, Consumer

Funding stage: Series A and beyond

Total funds raised: $200M

Number of investments: 215

Number of exits: 47

Notable portfolio companies: Ledger, Clue, Freetrade

Contacts: LinkedIn

5. Octopus Ventures

➡️ Octopus Ventures is a venture capital firm in London that provides funding at every growth stage and hands-on assistance for founders and their teams. 

Industries: Climate, Fintech, Consumer, B2B Software, Deep Tech, Health, Bio

Funding stage: Pre-seed – Later Stage

Total funds raised: $1,2B

Number of investments: 409

Number of exits: 51

Notable portfolio companies: Zoopla, Depop, Elvie

Contacts: Contact page, LinkedIn

6. Frontline Ventures

➡️ Frontline Ventures invests in B2B businesses on both sides of the Atlantic. Frontline Seed offers pre-product, pre-seed, and seed funding to European founders who intend to scale to the US market. Frontline Growth invests in US founders at the Series B-D stages who plan to expand to Europe. 

Industries: B2B tech companies

Funding stage: Pre-seed & Seed, Series B & D+

Total funds raised: $299M

Number of investments: 157

Number of exits: 18

Notable portfolio companies: Attentive, Humaans, Vanta

Contacts: Contact page, LinkedIn

7. BGF Ventures

➡️ BGF funds small and mid-sized companies across the UK and Ireland, managing over £2.5B to support businesses at every growth stage and in all sectors.

Industries: Agnostic

Funding stage: Early Stage, Growth Stage

Number of investments: 600

Number of exits: 200

Notable portfolio companies: Orbex Space, Bramble Energy, Amdaris

Contacts: Offices page, Funding-enquiries page, LinkedIn

8. Passion Capital

➡️ Passion Capital, an early-stage venture capital firm in London, has supported over 96 tech startups since 2011.

Industries: Tech companies 

Funding stage: Seed, Early Stage

Total funds raised: $192M

Number of investments: 179

Number of exits: 22

Notable portfolio companies: Monzo, Nested, Lassie

Contacts: LinkedIn

9. Fuel Ventures

➡️ Fuel Ventures funds early-stage tech and digital businesses. With an average ticket of £150K—£3M, it has already invested in 160+ globally scalable companies. 

Industries: Fintech, Marketplaces, Software & Platform

Funding stage: Seed, Early Stage

Total funds raised: $279M

Number of investments: 150

Number of exits: 5

Notable portfolio companies: Heroes, Volt, Capdesk

Contacts: Contact-us page, LinkedIn

10. Notion Capital

➡️ Notion Capital backs early-stage European companies operating in the SaaS and cloud computing sectors.

Industries: SaaS, Cloud Computing, Enterprise

Funding stage: Seed, Early Stage 

Total funds raised: $788M

Number of investments: 215

Number of exits: 23

Value-added beyond money: 

  • Notion Platform—personalized support from investment to exit, including talent management and community engagement programs

Notable portfolio companies: Paddle, Trustev, Vev

Contacts: Contact page, LinkedIn

Pitching VCs in London

The future looks bright, with many London VCs ready to open their wallets wide for stellar teams with innovative tech solutions. However, it signals a higher level of competition and a more saturated market, meaning startups need more than just an idea. They must have a scalable financial model, a solid GTM strategy, and an investor-appealing pitch deck. 

Don’t know where to start? Check out our hubs for pitch deck and financial modeling tips, or simply contact our team for hands-on support.

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Ruslana

CONTENT WRITER

Hello! I'm Ruslana, a Content Writer at Waveup. Based on my background in marketing research and business analytics, and my current collaboration with the savvy team at Waveup, I'm excited to share my insights and learnings with you.