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Lakestar

Lakestar

Venture Capital

Lakestar recently closed a $300m fund named Resilience I focused on defence and dual-use technology, with a portfolio including Helsing, Tekever, ARX Robotics, and Isar Aerospace.


Recent investments

Seed
£5.0M

Draper Esprit led the seed round with backing from Lakestar and Angel Capital Management to support platform growth and new features.

"We built AGORA to transform the online beauty shopping experience and create opportunities for real people to monetise their talent and creativity, something that has only been available to brand-sponsored social media influencers. AGORA will empower a new category of entrepreneur."
— Riccardo Basile, Co-founder and CEO
Series B
£30.7M

The Series B round was led by Lakestar with participation from LocalGlobe, Atomico, GMG Ventures, and Octopus, and will fund platform development and headcount growth.

"Human reality is incredibly complex, and while technology has made progress in healthcare and pharmaceuticals, we’re still no closer to truly understanding the decisions that we make. Our behaviour is captured online and in the artificial reality of social media, but the near 80 percent of our lives that happens in the offline world, remains untapped,"
— Tugce Bulut, CEO and co-founder
Series B
£29.0M

The investment round was co-led by Lakestar and Dawn Capital with participation from Temasek and Goldman Sachs.

"When we founded Eigen five years ago, I wanted build a research-led transatlantic business. Since the Series A we have made great progress by massively scaling the company, expanding our client base, and integrating cutting-edge machine learning techniques into our NLP product. This new round will allow us to supercharge our growth. 80-90% of the enterprise data in the world today is unstructured information such as text, meaning that most organizations are unable to it unlock its value. With continuing economic uncertainty and the ongoing disruption by data-native companies such as Google, Tencent, and Amazon the imperative to be able to leverage this data is stronger than ever. The new funding will enable Eigen to further its core mission by unlocking the value of our clients’ qualitative data. This will be underpinned by another big investment in our science team, which will double in size so that we can continue to stay at the forefront of machine learning research."
— Lewis Liu, Co-founder and CEO