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C

Cocoa

Venture Capital

Portfolio

8

companies

Investment by month

By category

  • AI/ML£30.7M
  • FinTech£15.5M
  • Uncategorised£3.6M
  • LogisticsTech£3.3M

By location

  • London£53.0M

Portfolio companies

A

Arcane

Arcane builds an artificial intelligence assistant that consolidates tools and automates workflows for marketing professionals.

C

Condukt

Condukt provides an automated compliance platform for financial institutions.

E

Embedd

Software infrastructure startup streamlining integration for robotics and connected hardware.

F

Fractile

Fractile builds high performance artificial intelligence hardware and software for faster and cheaper inference workloads.

M

Mimo

Mimo simplifies global payments and cash flow management for small businesses.

N

Noala

Noala provides digital speech and language therapy platforms for children and families.

View all 8 companies

Team

CA

Carmen Alfonso Rico

Carmen is a founder at Cocoa and an angel investor across multiple ventures.


Recent investments

Pre-Seed
$2.7M

Seedcamp leads the pre-seed round for the physical AI startup, with participation from a group of international investors.

"The next wave of AI will power factories, vehicles, robots and critical infrastructure, but today, every change in hardware creates huge complexity for software teams, and that friction is already massively slowing innovation,"
— Michael Lazarenko, CEO
Seed
£7.6M

The funding round was led by Lightspeed Venture Partners and MMC Ventures to accelerate expansion into financial institutions.

"Compliance should be a growth enabler, not a bottleneck. Our vision is an agentic onboarding solution that fully automates KYB checks. We designed Condukt as an always-on nervous system that lives and breathes real-time data. By combining this proprietary data infrastructure with AI agents, we eliminate repetitive checks and ensure compliance keeps pace with any business change."
— Paulo Guichard, CEO
Seed
£12.0M

The seed round was co-led by Kindred Capital, NATO Innovation Fund, and Oxford Science Enterprises.

"In today’s AI race, the limitations of existing hardware – nearly all of which is provided by a single company – represent the biggest barrier to better performance, reduced cost, and wider adoption. Fractile’s approach supercharges inference, delivering astonishing improvements in terms of speed and cost. This is more than just a speed-up – changing the performance point for inference allows us to explore completely new ways to use today’s leading AI models to solve the world’s most complex problems. We’re thrilled to have raised our funding from investors with a wealth of experience in the AI and chip industries, continue to grow our world-class team and further our technological development and partnerships."
— Walter Goodwin, Researcher
Other
£15.5M

The funding round was led by Northzone with participation from Cocoa Ventures, Seedcamp, Upfin VC, and Fost.

"I’ve seen first-hand the time-consuming and fragmented processes SMBs must deal with when managing money. SMBs and financial professionals have to jump between apps and spreadsheets to pay invoices or make and chase international payments, all while trying to keep track of and manage cash flow. Mimo bundles this into a single tool so that businesses can easily manage the movement of their money and receive payments in any currency, faster. We’re delighted to be backed by our investors to help give SMBs full control of their finances."
— Henrik Grim, CEO
Seed
£3.9M

The seed round was led by Accel with participation from several prominent institutional funds and angel investors.

"The vast majority of marketers’ time is spent on work other than copy generation, so we see significant potential in augmenting and automating these tasks. To do this, we’ve combined the latest AI technologies (retrieval augmented generation, autonomous agents and multi-modal models) to chain together workflows that capture more of marketers’ repetitive activities, giving them time back to focus on higher impact tasks. We’re excited to continue on this mission with this new investment round and having the Accel team join us on this journey."
— Ben Hacking, CEO