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FL

FJ Labs

Venture Capital

FJ Labs is a New York-based investment firm.

Portfolio

21

companies

Investment by month

By category

  • FinTech£220M
  • AI/ML£137M
  • Uncategorised£97.3M
  • eCommerce£49.8M
  • Marketplace£47.4M
  • Other£125M

By location

  • London£522M
  • Cambridge£97.5M
  • Brighton£49.8M
  • Cardiff£7.7M

Portfolio companies

B

BondAval

BondAval offers a new form of payment security for supply chains.

CuspAI

CuspAI

CuspAI builds generative artificial intelligence software to discover and manufacture new materials.

DI

Digital Iron

Digital Iron offers an artificial intelligence platform for heavy machinery diagnostics and parts sourcing.

F

Fleek

Fleek builds technology to automate the sorting and pricing of secondhand apparel.

Fresha

Fresha

Fresha provides a marketplace and business management platform for salons, spas, and wellness professionals.

Hometree

Hometree

Hometree provides residential energy services and home cover solutions.

View all 21 companies

Recent investments

Series B
$25.0M

The London startup secured $25m from backers including eBay and Andreessen Horowitz to automate secondhand fashion logistics.

"Most people have no idea what happens to a piece of clothing after they part with it. It travels thousands of miles, gets sorted by hand in a warehouse in Karachi, and finds its way back to a vintage shop in London or New York, if it’s lucky. We started Fleek because that system is broken, the market it serves is exploding, and nobody is building the technology and infrastructure to fix it,"
— Abhi Arora, Co-founder and CEO
Series A
$100M

The financing was co-led by New Enterprise Associates and Temasek with participation from a broad group of strategic investors.

"Next-generation AI compute, clean air and water and sustainable energy – these multi-billion-dollar global challenges share a common barrier: materials. CuspAI’s mission is to change that. In just a year, we’ve gone from concept to partnerships with world leaders in automotive, semiconductors, energy, and climate."
— Chad Edwards, Co-founder
Seed
£16.2M

The seed round was backed by LocalGlobe and Felix Capital to support international expansion and product development.

"Having seen Adyen’s growth firsthand, I recognise that stablecoins represent an even more profound shift. Traditional processors optimize within existing constraints. We’re eliminating those constraints entirely. Our platform gives businesses the fastest, cheapest, most transparent way to move money globally and our mission is to make legacy cross-border payment methods look antiquated."
— Thijn Lamers, Co-Founder and President
Seed
£2.8M

The seed round was led by Firstminute Capital and saw participation from several institutional backers and angel investors.

"B2B wholesalers are the financial engine of the real economy but most are still managing credit with spreadsheets, phone calls and handwritten notes. We’re giving them modern, automated workflows that save hours every day and unlock serious operational efficiency."
— Chris Smith, Co-founder
Pre-Seed
£1.6M

The pre-seed round was led by a consortium including Seedcamp, Concept Ventures, RTP Global, C2V, and FJ Labs.

"Machines break down on average 600 hours every year, and the current manual processes to get them operational again are inefficient and time-consuming. Each machine can have between 50 to 200 documents attached, and with dealerships handling up to 1,000 machines annually, pinpointing issues can be a daunting task. Our platform ingests all manuals, enabling us to access the right documents and provide solutions in seconds rather than days. This significantly reduces downtime and recovers lost revenue."
— Ciaran Gillen, Co-founder and CEO