Chroma Ventures is the investment arm of 4J Studios entrepreneurs Chris van der Kuyl and Paddy Burns. Based in Scotland, the firm backs companies developing and deploying innovative technology and data led businesses.
Portfolio
3
companies
Broker Insights
Digital platform transforming the commercial insurance market.
Stormcloud Games
Stormcloud Games develops independent family-friendly video games.
Blippar
Augmented reality technology company providing content creation and publishing platforms for mobile and web.
Chris van der Kuyl
Principal
Paddy Burns
Mercia led the Series A round with participation from Chroma Ventures and private backers.
"This investment is an endorsement of our success in building our platform, technology and team. Launched three years ago, we are now serving 12 per cent of the UK commercial insurance market; we have established that our platform delivers results for our customers and is attracting significant and growing demand from brokers and insurers alike."
Chroma Ventures provided a seven-figure sum to help the Dundee studio build new games conceived during lockdown.
"Given the challenges we’ve faced in the past year with the pandemic, it feels particularly good to be part of a wider community of games developers working in similar genres. To be doing so with Chris and Paddy’s support – both financially and practically – is a real bonus."
The funding round was co-led by Chroma Ventures and West Coast Capital to support technology development and global growth.
"We are very excited to have attracted investors of this calibre to Blippar. Not only is this a solid vote of confidence in Blippar’s technology from some of the most highly regarded industry veterans and business minds, but it also demonstrates sustained validation of the UK tech sector post-Brexit."