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Kindred Capital

Kindred Capital

Venture Capital

Kindred Capital is a seed and early stage venture capital investor based in London, focusing on European technology companies and using an equitable venture model.

Portfolio

15

companies


Portfolio companies

Latent Labs

Latent Labs

Latent Labs builds AI foundation models to make biology programmable.

Shift Bioscience

Shift Bioscience

Shift Bioscience uses generative artificial intelligence models to understand how gene activation can reverse the aging process.

m3ter

m3ter

m3ter provides a pricing operations platform that automates usage-based pricing models for software companies.

Acurable

Acurable

Acurable develops wearable medical devices that automate the diagnosis of respiratory conditions at home.

Disperse

Disperse

Building productivity systems for the construction sector.

B

BotsAndUs

BotsAndUs builds autonomous mobile robots and AI software to automate warehouse logistics.

Paddle

Paddle

Paddle provides a complete payments infrastructure and merchant of record service for software companies.

GS

Gravity Sketch

Gravity Sketch develops a cross platform 3D design and collaboration tool for modern creators.

G

Gaia

Gaia redesigns access to fertility care through predictive technology and insurance products.

Vault Platform

Vault Platform

Vault Platform provides a workplace ethics and compliance application for misconduct reporting.

L

LabGenius

LabGenius discovers next-generation protein therapeutics using machine learning and automation.

Ori Biotech

Ori Biotech

Ori Biotech builds manufacturing technology platforms for cell and gene therapies.

PQShield

PQShield

PQShield builds quantum-resistant cryptographic solutions for the global technology supply chain.

F

Farewill

Farewill modernises the death and bereavement sector with digital wills, probate, and funerals.

Flagstone

Flagstone

Flagstone provides a digital platform for managing cash savings across multiple provider accounts.


Team

CC

Chrys Chrysanthou

LinkedIn
Russell Buckley

Russell Buckley

Partner

Russell brings venture capital and chairmanship experience from roles at Kindred Capital, Ballpark Ventures, and Adzact.

LinkedIn
CC

Chrysanthos Chrysanthou


Recent investments

Series A
£40.0M

The financing round was co-led by Radical Ventures and Sofinnova Partners to accelerate the development of programmable biology tools.

"Every biotechnology or pharmaceutical company wants to be at the forefront of technology to find the best therapeutic molecules, yet not all are in a position to develop the most advanced AI models for the job. That’s where Latent Labs comes in. We push the frontiers of generative biology, giving our partners instant access to tools that accelerate their drug design programs."
— Simon Kohl, CEO and founder
Series A
£11.2M

The investment round was led by Notion Capital and will fund product development and North American expansion.

"In a more challenging software market, SaaS businesses are balancing growth with profitability, making pricing an ever-more valuable lever. Hybrid and usage-based pricing are now firmly in the spotlight because of their ability to deliver better customer experiences while reducing churn and increasing revenue, and as their popularity continues to grow, the opportunity for m3ter is obvious. Today’s funding enables us to take our ambitions to the next level, making new pricing models accessible for every software business that needs them."
— Griffin Parry, CEO and co-founder
Series A
£9.5M

The financing round was led by Kibo Ventures to fund the global rollout of the firm's home sleep testing technology.

"The response to AcuPebble SA100 since its launch has been incredible, and we are thrilled to see the product being used to help patients and clinicians in the real world. This funding will help us reach our initial goal of diagnosing one million patients and gives us the opportunity to continue working on new products that will fundamentally improve the lives of millions of people living with severe chronic conditions."
— Esther Rodriguez-Villegas, Professor
Seed
£10.6M

Lakestar led the seed round, with backing from Maersk Growth, Kindred Capital, and Capnamic, to fund international expansion and product development.

"BotsAndUs is already paving the way for artificial intelligence and robotics to completely transform logistics. Our integrated AI and robotics platform is helping companies boost their performance and unlock their full potential. We’re confident we can make our vision a reality: transforming logistics on a global scale with real time data to eliminate errors and enhance performance across all steps"
— Andrei Danescu, Co-founder and CEO
Series D+
$163M

The Series D round values the payments infrastructure provider at $1.4bn and includes participation from several existing investors.

"The opportunity in software is enormous, with tens of thousands of incredibly innovative businesses bringing great products to market every year. Unfortunately, many SaaS companies still find their growth hindered by the operational challenges that arise when scaling; from handling subscriptions management or tax compliance to localizing payment options in every market. Paddle was created to remove these invisible barriers so that SaaS companies can just focus on building and selling software. 2021 was a fantastic year for us, but we are only just getting started. We have big plans for 2022 and beyond and we’re delighted to have the backing of so many fantastic investors who all share our vision."
— Christian Owens, CEO and co-founder
Series A
£25.3M

Accel led the Series A round with participation from GV, existing investors, and various angel backers.

"3D design is the backbone of our consumer economy; integral to the production of every car we drive, every shoe we wear, every film we watch, and every video game we play. Yet the modern design process remains inefficient, convoluted and costly, with teams forced to alternate between 2D and 3D tools not fit for purpose in our hyper-collaborative, remote-working era. At Gravity Sketch, our aim is to combat these challenges by empowering teams to create and communicate their 3D ideas in the quickest and most intuitive ways possible — whether they’re designers or otherwise. We’re excited to continue disrupting 3D design with this new investment round."
— Seyi Sosanya, co-founder and CEO
Series A
£14.7M

The investment round was led by Atomico and will support international expansion.

"The fertility care model as we know it today is broken because the gap between those who want access to fertility treatments and those who can afford access is greater than ever. Three out of four people who seek fertility treatment never start because they believe the financial burden would be too large,"
— Nader AlSalim, CEO and founder
Seed
£13.0M

Kindred Capital led the seed round to support international expansion and product development at m3ter.

"Usage-based pricing offers huge rewards for SaaS businesses, but it isn’t easy to implement. We experienced the pain ourselves when building our previous startup, but we also saw what good tooling can look like at AWS. Today, we’re proud to launch m3ter so that all SaaS businesses can intelligently deploy and manage usage-based pricing."
— Griffin Parry, CEO and co-founder
Series C
£52.0M

The revenue delivery platform has secured £52m in a Series C round led by FTV Capital to fuel global expansion.

"We are witnessing a systemic shift within software, with the ‘growth at any cost’ mindset gradually being replaced by a realisation that businesses must scale more efficiently and with clearer purpose. We’ve been extremely impressed with Christian and Harrison’s ambition and Paddle’s growth to date and we believe they are defining a new category with Paddle’s Revenue Delivery Platform — one that will be critical to helping companies adapt to change while empowering them to take advantage of the huge acceleration in demand for digital products. With more than two decades investing in the SaaS and payments sectors, FTV will bring the best of our domain expertise to accelerate Paddle’s exciting growth."
— Kyle Griswold, partner
Series A
£11.6M

The funding round was led by Atomico with participation from Lux Capital, Obvious Ventures, Kindred Capital and Inovia Capital.

"To add a fund of Atomico’s calibre and reputation to our investor base is a huge win for LabGenius. Atomico’s operational experience is second to none and they are the perfect partner to help us scale a global company from Europe. In addition, the confidence that Lux, Obvious, Kindred and Inovia have demonstrated in doubling down in this round reflects the tremendous technical progress that the team has made over the past 12 months."
— James Field, Founder and CEO
Series A
£23.2M

The Series A round was led by Northpond Ventures and Octopus Ventures to help bring the company manufacturing platform to market.

"Closing a significant Series A round, during these uncertain times, further validates Ori’s disruptive approach to fully automating cell and gene therapy manufacturing to increase throughput, improve quality, and decrease costs,"
— Jason Foster, CEO
Seed
£2.9M

The seed round was led by Kindred Capital with participation from Point Nine Capital and Forward Partners.

"For years, product designers and engineers across myriad industries have been confined to technologies that aren't fit for purpose to create and develop products for the physical world, with lengthy iterative processes causing protracted product development cycles, unnecessary costs, and a host of design frustrations. Gravity Sketch gives design and engineering teams across the globe a way to create, collaborate, and communicate together in the same virtual space, and in real-time. Today's investment will help us make our technology as accessible and inclusive as possible."
— Oluwaseyi Sosanya, CEO
Series B
£20.0M

Highland Europe leads a £20m Series B round in Farewill to fund UK expansion and product development.

"Dealing with death is one of the hardest parts of life, and we started Farewill to take some of the pain out of the process. The latest investment from Highland Europe shows their conviction in our vision for fairer, more transparent services in this space. It means we can build on what we’ve started, growing our world-class team and designing easy-to-use tools that help people during incredibly tough times. We’ll also carry on raising millions in pledged legacy income for the third sector, and we’re aiming to get to £1 billion by 2023. There’s a real need for change in this industry and we’re really proud to be leading it."
— Dan Garrett, CEO
Series A
£4.8M

The Series A round was led by Kindred Capital and Capnamic Ventures with participation from angel investors.

"We are in a great position to accelerate achieving our mission and liberate businesses from dull, repetitive and now even dangerous work, so their employees can focus on the things that bring the most value. We are thrilled to have such trusted and experienced investors join our cause and support the next stage of our growth. The demand for automation and robotics has seen a significant raise driven by the current global events and we’re in the best position to respond to it."
— Andrei Danescu, Co-founder and CEO
Series B
£12.0M

The investment round was led by OMERS Ventures with support from existing backers Kindred Capital and Moneysupermarket Group.

"Raising growth capital from leading investors such as OMERS Ventures is a testament to the strength of our business model and the great work that the Flagstone team does every day to support clients with protecting their cash deposit investments. This new financing will support the acceleration of our plans to extend our penetration of the UK market to new customer segments."
— Simon Merchant, Co-Founder and CEO
Seed
£7.0M

The seed round was backed by Amadeus Capital Partners, Delin Ventures and Kindred Capital to fund the commercial launch of its manufacturing technology.

"Hundreds of clinical trials and a few recently marketed products have shown the revolutionary potential of CGTs. But this potential will never be realised unless we can remove the current bottleneck around scalable manufacturing. Ori Biotech has developed an innovative platform technology to facilitate scalable manufacturing that could eventually enable millions of patients to get access to the next generation of personalised medicines,"
— Alan Barge, Venture Partner
Series A
£11.0M

The financing round was backed by Kindred Capital, Moneysupermarket Group, and VentureFounders.

"With £11m of growth capital we are now well‐positioned to expand our business and provide more clients with a simple way to maximise the interest income on their cash and at the same time become an increasingly valuable funding partner to our banks."
— Simon Merchant, Co-Founder and CEO
Seed
£3.2M

Kindred Capital led the seed round to support international expansion into North America and Europe.

"Healthy organizational cultures start with trust. Vault’s breakthrough platform helps to build trust by embedding empathy and transparency into innovative tools that people can use if they experience workplace misconduct. Vault gives employees total control over their privacy, information and reporting at precisely the moment they need it most."
— Frances Frei, Advisor