$20.0M
Molten Ventures led the Series B round to support the creation of an artificial intelligence imaging lab.
"There was an area to go and help these pharma companies do better clinical trials, and so that’s how the company started"
Ascension
Venture CapitalAscension Ventures is a venture capital firm that led the pre-seed funding round for Voxmind.
Portfolio
66
companies
AUM
£100M
under management
Investment by month
By category
- FinTech£136M
- Marketplace£53.0M
- AI/ML£41.1M
- HealthTech£16.5M
- TravelTech£14.7M
- Other£67.1M
By location
- London£293M
- Cambridge£18.3M
- Scotland£4.7M
- United Kingdom£4.0M
- Newcastle upon Tyne£2.5M
- Other£5.7M
Portfolio companies
AB
AMLo Biosciences
AMLo Biosciences develops diagnostic tests to identify low-risk early-stage skin cancer.
A
Aura
Aura provides a digital planning platform for direct cremations and funeral arrangements.
B
Beem
Beem develops augmented reality technology for immersive mobile communications and live streaming.
B
Bonnet
Bonnet provides an electric vehicle charging platform that simplifies public charging for drivers.
C
Capably
Capably provides an intelligent automation platform that enables businesses to delegate tasks to artificial intelligence.
C
ChilliConnect
ChilliConnect provides a live game management platform for developers and publishers.
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Compare Ethics
Compare Ethics provides data-driven product verification to connect consumers with sustainable brands.
C
ComplyStream
An AI-native RegTech platform that streamlines post-alert compliance operations.
C
Contingent
Contingent provides a software platform that makes corporate procurement and supply chain management more transparent.
CK
Credit Kudos
Challenger credit bureau using open banking to transform credit assessment.
Crowd Data Systems
Crowd Data Systems provides a software platform that connects treasury services for corporate teams.
DebtStream Solutions
DebtStream Solutions provides digital debt collection platforms for lenders and creditors.
DL
Docbot Labs
Docbot Labs provides a workspace document and information sharing platform for engineering teams.
Feast It
Feast It builds a digital marketplace connecting event organisers with suppliers.
F
Foodsteps
Foodsteps operates a digital platform for calculating and labelling the environmental impact of food products.
F
Fuzey
Fuzey provides a digital operations platform for small businesses and independent contractors.
G
Gendo
Gendo develops an artificial intelligence platform that transforms architectural design workflows.
Greenpixie
Greenpixie offers sustainability intelligence software to optimise cloud and artificial intelligence infrastructure.
GA
Guardian Angel
Guardian Angel provides digital tools and planning services for end-of-life administration.
HURR
HURR operates a fashion rental marketplace that promotes circular consumer habits.
H
Hammock
Hammock offers automated bookkeeping and banking services for property landlords.
HealthKey
HealthKey operates a healthtech platform that streamlines access and payment for healthcare services.
Heatio
Heatio develops a smart home energy platform to manage and optimise renewable technologies.
H
Homeppl
Homeppl provides a tenant referencing platform that assesses financial risk and detects rental fraud.
J
Jarvis
Jarvis provides a lifetime pension and retirement planning application for workers.
Kinfolk
Kinfolk builds an artificial intelligence platform for human resources and workforce operations.
Kuano
Kuano combines quantum mechanics and AI to design targeted enzyme inhibitors.
Minibems
Minibems provides an internet of things platform and managed service to optimise heat networks.
Mirthy
Mirthy runs an online community and activities platform for older adults.
ML
Mobilus Labs
Mobilus Labs builds bone conduction voice communication devices for industrial workers.
Monolith AI
Monolith AI builds artificial intelligence software that helps engineers optimise product development workflows.
N
Nebu-Flow
Nebu-Flow develops advanced nebuliser technology for pharmaceutical delivery.
Nook
Nook builds a trade collaboration platform that modernises business-to-business payments and invoicing.
NumberEight
NumberEight uses on device artificial intelligence to enable privacy first audience targeting for advertisers.
Organise
Organise provides a digital platform empowering workers to campaign for better workplace rights.
O
Oxwash
Oxwash offers sustainable on-demand laundry and wet-cleaning services using advanced technology.
Pangaea Data
Pangaea Data develops unsupervised artificial intelligence software that extracts clinical insights from patient records.
P
Plend
Plend provides ethical consumer loans using open banking data.
Qflow
Qflow provides real-time material and waste intelligence for the construction sector.
Qureight
Artificial intelligence imaging platform for lung and heart clinical trials.
RG
Research Grid
Research Grid develops artificial intelligence software to automate clinical trial administration.
R
RideTandem
RideTandem connects workers in transport deserts with sustainable shared commuter solutions.
RF
Round Financial
Round Financial builds banking and treasury software for startups and scaling businesses.
Saltroad
Saltroad connects parents with qualified speech and language therapists through an online marketplace.
S
Scribeless
Scribeless provides an automated handwriting solution for personalised marketing and customer engagement.
S
SentiSum
SentiSum offers an artificial intelligence platform that automates customer analytics and sentiment tracking.
S
Sojo
Sojo operates a digital platform that connects consumers with local clothing alteration and repair services.
Sprive
Sprive provides a mortgage overpayment application that helps homeowners reduce interest costs and clear debt faster.
S
SteadyPay
SteadyPay provides financial stability products for gig workers and micro enterprises.
S
Stream
Stream provides workplace financial tools for workers to manage earnings, savings, and pensions.
SuperFi
SuperFi operates a digital debt prevention platform designed to help consumers manage monthly bills and avoid financial distress.
SupplyCompass
SupplyCompass provides a sustainable sourcing platform for fashion and interior brands.
S
Synkka
Synkka develops artificial intelligence agents to automate parcel delivery operations.
T
Tembo
Digital mortgage platform helping customers bridge the affordability gap to buy homes.
Thalamos
Thalamos digitises processes under the Mental Health Act to improve patient care.
TE
The Electric Car Scheme
The Electric Car Scheme makes leasing electric vehicles more affordable through salary sacrifice.
T
Thursday
Thursday operates a dating platform that is only live one day each week.
TA
Titan Academy
Titan Academy provides automated performance insights for sports video game players.
Vine Health
Vine Health provides a digital platform that helps cancer patients manage their care and treatments.
V
Vinehealth
Vinehealth provides a digital platform that supports cancer patients and collects clinical outcome data.
V
Virtualtrips
Virtualtrips operates an interactive livestreaming platform for virtual travel and cultural tours.
V
Voxmind
Voxmind builds voice biometrics and deepfake detection technology for enterprise security.
Zen Educate
Zen Educate connects schools with supply teachers through a digital marketplace.
farmdrive
Farmdrive builds software to simplify livestock data and supply chain management for agriculture.
h
hundo
A social impact business connecting Gen Z talent with employers through the metaverse.
incuto
Digital banking platform provider for credit unions and community banks.
Team
ES
Emma Steele
Investment Director
Emma is a partner at Ascension and holds investment roles across venture capital and impact funds, including Fair By Design and the Growth Impact Fund.
LinkedIn
Jean de Fougerolles
Managing Partner
Jean is the managing partner and founder of Ascension. He also holds partner and board roles across several funds and organisations including Founders Pledge and Tembo.
LinkedInAB
Alicia Burke
Marketing Manager
Alicia brings marketing experience from roles at Ascension Ventures, Artis Partners, and the Algorand Foundation. She also holds community and mentoring roles at Searchable and GrowthMentor.
LinkedIn
Sam Marchant
Sam brings investment experience from roles at Salica Investments and Inaugural, alongside founding experience at Himma Media and Forward Pursuit.
LinkedInNA
Nico Albanese
Investment Principal
Nico brings technical and investment experience from roles at OpenAI, Vercel, and Ascension.
LinkedInView all 9 team membersShow fewer
HD
Hadley Diest
Investment Manager
Hadley brings social investment and impact experience from roles at Ascension, Big Issue Invest, and the Charities Aid Foundation. They currently operate as an independent angel investor and investment advisor.
LinkedInTO
Toyosi Ogedengbe
Principal
Toyosi brings early-stage investment experience from roles including Principal at Ascension and Venture Partner at Kaleo Ventures. They also hold board and advisory positions across several technology companies.
LinkedInTO
Toyosi Ogebengbe
Principal
Recent investments
£546K
The London deeptech startup secured backing from Ascension Ventures to scale its voice biometrics technology.
"Voice is the last unencrypted frontier in enterprise security, and generative AI just made the stakes existential. Voxmind’s physics-based approach, on-device deployment, and existing OEM footprint give them a structural advantage that’s very difficult to replicate. Excited to lead this round and back the team as they scale."
£5.1M
AlbionVC backed the seed round alongside PROfounders Capital, Ascension, and Emerge to support platform development.
"HR teams are stuck in a cycle of manual admin and legacy tools are failing them. They are forced to choose between clunky ticketing systems that employees hate, or basic chatbots that can’t actually get work done. We built Kinfolk to break this cycle. By shifting from manual coordination to autonomous execution, we let HR teams scale their operations and focus on the strategic work that actually drives company growth. We’re excited to give People teams the operating system they deserve, one that actually performs work instead of just managing it."
£67.0M
The round was led by Sofina with participation from Better Society Capital and existing investors.
"Stream exemplifies how placing impact considerations at the heart of product development can drive sustainable commercial value. Its focus on tackling the 'poverty premium' not only works to improve financial resilience, but also solve critical challenges for employers. Stream's dedication to understanding and improving their products' impact on users enables greater positive outcomes and propels their strong commercial growth, and we look forward to the impact this funding will support."
£1.0M
The pre-seed round was led by TechStart Ventures and Ascension Ventures to fuel international expansion and product development.
"The support we have received through local programmes has been fundamental in our success; from being able to tap into expertise to first-class networking opportunities.farmdrive was started on my own family farm to make everyday life easier for cattle farmers. We’re incredibly proud to see it being loved and trusted by thousands of farmers across the UK and Ireland. This £1m investment lets us take our practical vision worldwide – giving farmers better data in their pocket and giving meat processors and retailers the transparency they need – from farm to shelf."
