Back to Investors
Balderton Capital

Balderton Capital

Venture Capital

Balderton Capital is a multistage venture firm with more than two decades of experience supporting Europe's best founders from Seed to IPO. We have both early and growth funds and invest across the technology sector, with a proven track record backing AI, fintech, B2B SaaS, digital health, mobility, gaming and marketplace companies.

Portfolio

22

companies

AUM

£4500M

under management


Portfolio companies

Attio

Attio

Attio develops an AI-native customer relationship management platform for modern businesses.

FE

Fuse Energy

Fuse Energy builds an integrated utility platform spanning power generation, domestic supply, and consumer software.

C

Convergence

Convergence creates personal artificial intelligence agents designed to automate administrative tasks and enhance productivity.

ST

SAVA Technologies

SAVA Technologies develops wearable biosensors for continuous health monitoring.

QT

Qargo Tech

Qargo Tech builds a cloud-based transport management platform for the logistics industry.

32Co

32Co

A collaborative healthtech startup connecting general clinicians with specialists to widen access to medical care.

TreasurySpring

TreasurySpring

TreasurySpring provides a cash investment platform for companies of all sizes.

Cleo

Cleo

Cleo provides an AI powered digital assistant that helps young people manage their money.

Wagestream

Wagestream

Financial benefits provider delivering services for low and middle-income workers.

W

Wayve

Wayve builds foundation models for autonomous driving.

C

Crowdcube

Crowdcube operates an equity crowdfunding platform connecting private companies with investors.

Primer

Primer

Primer provides a payments automation platform that helps merchants manage their entire payments stack.

T

Tessian

Tessian builds machine learning technology to secure the human layer and prevent accidental data loss in enterprises.

L

Lyst

Lyst operates a global fashion technology platform and search engine for clothing and accessories.

s

smol

smol produces sustainable and affordable homecare goods delivered directly to customers.

KG

Kbox Global

Kbox Global provides host kitchen technology that utilises spare commercial kitchen capacity for food delivery.

R

Riff

Riff builds a voice-first communication tool to streamline remote team collaboration.

ComplyAdvantage

ComplyAdvantage

ComplyAdvantage provides artificial intelligence driven financial crime risk data and detection technology.

Healx

Healx

Healx deploys artificial intelligence to discover new therapies for rare conditions.

R

Rahko

Rahko builds quantum machine learning software for chemical simulation.

Z

Zego

Zego provides flexible insurance policies for gig economy workers and emerging mobility services.

D

Depop

Depop operates a social fashion marketplace for generation z.


Team

TB

Tim Bunting

General Partner

Tim brings investment experience from Balderton Capital, following roles at Goldman Sachs and L.E.K. Consulting.

LinkedIn
Suranga Chandratillake

Suranga Chandratillake

General Partner

Suranga serves as a partner at Balderton Capital and a fellow at King's College, Cambridge. He also holds board and observer roles across several companies.

LinkedIn
Lars Fjeldsoe-Nielsen

Lars Fjeldsoe-Nielsen

General Partner

Lars serves as a general partner at Owl Ventures and Balderton Capital. He holds board seats at Yassir and Balderton Capital, alongside investing experience at Quantinuum and Monarch Money.

LinkedIn
DW

Daniel Waterhouse

General partner

Daniel is a partner at Balderton Capital. He holds board and investor roles across several technology companies, including Mozart AI, Proxima Fusion, and Furhat Robotics.

LinkedIn
KS

Kiana Sharifi

ex head of Talent

RY

Rana Yared

General Partner

RM

Rob Moffat

partner

ML

Magda Lukaszewicz

Principal

JW

James Wise

Partner


Recent investments

Series B
£38.6M

The financing round was led by GV with participation from Redpoint Ventures, Balderton Capital, Point Nine, and 01A.

"CRM is one of the most important categories in B2B, but it’s been stuck in the past. AI-native CRM needs a completely different foundation — one that allows you to truly understand every customer, take action fast, and gives you the freedom to build the exact go-to-market systems you need at scale. That’s what we’re building with Attio, and this funding will allow us to accelerate our vision."
— Nicolas Sharp, CEO and co-founder
$10.0M

The follow-on investment was led by Lowercarbon Capital and Balderton Capital to support international growth and technology development.

"Successive cost of living crises show that our energy system is no longer fit for purpose. Affordable energy isn’t a luxury, it’s fundamental to a decent standard of living and a productive economy. At Fuse, we’re building the technology needed to realise that future"
— Charles Orr, Chief Operating Officer
Pre-Seed
£9.0M

Balderton Capital led the pre-seed round, which will fund the development of continual learning models for Proxy assistants.

"Imagine an agent that keeps growing and learning whenever you teach them something new. Over time, the agent will take on mundane tasks allowing you to focus on higher-level tasks that are more impactful and also more enjoyable. The key to our approach is the ability for Proxy to learn and memorise tasks on the job, remembering them for the long term and being able to use its memories to extrapolate to new tasks – just as a person would. Our mission at Convergence is to build new, foundationally different technologies that are a clear pathway to useful intelligence. Balderton shares our vision deeply and we are looking forward to turning it into a reality with them."
— Marvin Purtorab, CEO
Seed
£6.3M

Balderton Capital and Exor Ventures have led a seed round to help finance clinical trials and expand manufacturing capabilities.

"At SAVA we are tackling preventable illness by building a new operating system for health monitoring. Our microsensor will revolutionise healthcare by making world-leading monitoring technology available to all. With this capital, we can accelerate our goal of creating a new paradigm for healthcare – preventative, personalised and painless."
— Renato Circi, Co-founder
Series A
£11.0M

The funding round was led by Balderton Capital to support product development and market expansion.

"Road transport is the backbone of European commerce and there’s no reason why it should be run on decades-old software. We’re proud that we can offer a secure cloud-based solution, with AI-based automation in an affordable subscription model that has helped our customers drive efficiencies in their business. Qargo is processing tens of millions in revenue and has become a true partner to the transport companies which are the backbone of many sectors. We’re delighted to partner with Balderton to power our growth and look forward to taking Qargo to the next level."
— Adriaan Coppens, CEO
Seed
£2.2M

The seed round was led by Balderton Capital and will support the expansion of the company commercial team and technology platform.

"I am very impressed by the quality and efficiency of 32Co’s service. From the expert treatment planning by a specialist orthodontist, to the timely delivery of the aligners, they have exceeded my expectations…The product itself is outstanding compared to other aligner companies in the market. The treatment plans are so precise that our patients rarely need revisions. I’ve been recommending 32Co to all my dentist colleagues and consultancy clients. They all agree that this is the future of clear aligner orthodontics."
— van der Walt, Doctor
Series B
£22.8M

Balderton Capital led the Series B round with participation from Mubadala Capital and existing investors.

"For too long, the importance of cash has been overlooked by many operating businesses and investors alike. As rates have begun to rise across the globe and crises have once again started to permeate the banking sector, companies of all sizes have woken up to the benefits of diversification, security and attractive risk-adjusted returns. We have been growing the business rapidly for the last 5 years and are very well-placed to capitalise on current market dynamics. We’re delighted that Balderton is leading our Series B round – they understand our world deeply and have all of the experience necessary to support us on our journey to becoming a global leader in institutional cash investment."
— Kevin Cook, CEO
Series A
£19.5M

Redpoint Ventures led the Series A round, with participation from Balderton Capital and Point Nine, to fund engineering and international growth.

"Attio's mission is to build a CRM that is not only beautiful and intuitive, but powerful enough to empower businesses to scale. That's why we've spent the last three years building a powerful architecture from scratch specifically for CRM,"
— Nicolas Sharp, CEO and co-founder
Series C
£67.1M

The Series C financing was led by Sofina with participation from EQT Ventures and Balderton Capital.

"The vast majority of Gen Zers in the US are living from paycheque to paycheque. It’s harder than ever for them to get ahead – particularly as the price of everything continues to increase – and yet this audience continues to be neglected, or worse, exploited, by the traditional financial services industry."
— Barnaby Hussey-Yeo, Founder and CEO
Series B
$200M

The Series B round was led by Eclipse Ventures with participation from a broad group of global financial and strategic backers.

"We were the first team to develop the scientific breakthroughs in deep learning to build autonomous driving technology that can easily scale to new markets using a data-learned approach. Today, we have all of the pieces in place to take what we have pioneered and drive AV2.0 forward. We have brought together world-class strategic partners in transportation, grocery delivery and compute, along with the best capital resources to scale our core autonomy platform, trial products with our commercial fleet partners, and build the infrastructure to scale AV2.0 globally."
— Alex Kendall, Co-founder and CEO
Seed
£5.8M

The London-based customer relationship management platform has secured seed backing from Point Nine Capital, Balderton Capital, and Headline to scale its engineering operations.

"Modern businesses need flexible and collaborative tools that grow and adapt as their operations do, but too many teams are stuck using rigid, unyielding CRM tools that aren't built for the 21st Century. Attio is the antidote. It allows companies to remove manual data entry, drawing from existing data streams like email and calendars, to create a complete dataset before building total customizable workflows on top, empowering teams with the exact workflow they need. We're really excited about the potential for Attio to transform how companies approach CRM and are looking forward to working with our brilliant investors to achieve it."
— Nicolas Sharp, CEO and co-founder
Series C
£10.0M

Circle led the Series C financing to support the crowdfunding platform's expansion across Europe.

"Combining Circle’s strategic investment with our decade of knowledge and experience of capital raising in Europe, Crowdcube is extremely well positioned to capitalise on our first-mover advantage into Europe’s high growth investment market. Capital raising and private company investing have never been so exciting,"
— Darren Westlake, CEO and Co-Founder
Series B
£36.2M

The Series B round was led by ICONIQ Growth with participation from Accel, Balderton Capital, Seedcamp, Speedinvest, and RTP Global.

"Over the past two decades, the pace of new payment solutions entering the market has been accelerating dramatically to support global consumer demand for trends like mobile payments, digital wallets, 1-click checkout, buy now pay later, and so on. However, no one payment solution is close to accommodating all the changes and innovations that merchants need to keep up. So, for merchants’ payment and engineering teams, this dynamic forces immense technical complexity in tying together multiple payment methods, gateways, fraud detection, and more."
— Roy Luo, Partner
Series C
£46.0M

March Capital led the Series C round, which values the enterprise security firm at $500m and brings total funding to over $120m.

"The security of our operations and data is paramount to the success of Arm, and we’re committed to empowering our people to make sound security decisions while doing their jobs effectively. The concept of human layer security is becoming a critical part of doing business today. Tessian enables us to reduce risk across the organization by providing valuable tools and knowledge to not only stop threats like advanced phishing attacks and accidental data loss, but also continually improve the security behaviors of our teams as the threat landscape evolves."
— Tim Fitzgerald
Series A
£12.0M

The Series A round was led by Balderton Capital to accelerate domestic growth and support international expansion.

"These are challenging times for anyone working in hospitality and income diversification is a powerful tool to boost revenues. I’m thrilled that venues from pubs, restaurants and hotels to casinos and supermarkets are embracing the delivery first era, by firing up their kitchens with Kbox."
— Salima Vellani, Founder and CEO
Seed
£1.2M

Balderton Capital led the Seed financing round with participation from Seedcamp and high-profile angel investors.

"For years, companies have been searching for ways to make office communications faster. Not just for when team members are working from home, but between teams on different floors, different offices or across time zones. None have quite managed to combine speed and efficiency with security and minimal disruption until now. Plus, the potential of Riff is huge. We’re only just scratching the surface of what such a communication tool can do and offer to companies and it’s an exciting road to be on."
— Isabel Bescos, CEO
Series C
£38.0M

The investment round was led by Ontario Teachers' Pension Plan Board with participation from Index Ventures and Balderton Capital.

"Ontario Teachers' deep experience and credibility with global financial institutions made them a natural choice to lead the round,"
— Charles Delingpole, Founder and CEO
Series B
£20.0M

Northzone led the £20m Series B round to support international expansion and strengthen UK market share.

"Where people work and how they work is changing by the day, all the more so since Covid-19 struck. Now the way in which people get paid is changing, too, and at scale. Wagestream provides a financial flexibility that is perfectly suited to today’s agile and progressive workforce."
— Peter Briffett, Co-founder and CEO
Series B
£43.9M

The financing round was led by Atomico with participation from several returning and new investors.

"The size of this Series B financing, especially this quickly after our Series A round last year, is an endorsement of the value of our platform and the pace at which we have developed. It allows us to scale our impact with the launch of our Rare Treatment Accelerator programme and to progress into clinical trials."
— Tim Guilliams, CEO
Seed
£1.3M

The seed round was led by Balderton Capital and will fund team expansion.

"Rahko is one of the top teams in the world working on a complex space at the very edge of science and computing. The application of discoveries within quantum has already been profound and impacted our fundamental understanding of the world around us. The pace and rate of change in this field over the past few years has been astonishing, and we feel incredibly lucky to be supporting this exceptional team as they continue to push the boundaries of what’s possible."
— Lars Fjeldsoe-Nielsen, General Partner
Series C
£42.0M

General Atlantic led the Series C round, which will fund US expansion and platform development.

"The next generation of young people want an experience the fashion industry is struggling to provide. They want authenticity and to set their own trends. They’re influenced by real people. They want choice and individuality, the ability to buy on demand and sell on with ease. At the same time, they want to reduce waste. Depop is set up to meet these changing demands. We exist to empower the next generation to transform fashion."
— Maria Raga, CEO
Series A
£6.2M

Balderton Capital led the Series A round to support international growth and product expansion.

"In compliance, we see lots of entrants with a new workflow, or user-interface tool that is just repackaging the same data. ComplyAdvantage is doing something different, by developing its own proprietary global data set of individuals and companies that pose a threat"
— Tim Bunting, General Partner