$700M
The funding round is expected to be jointly led by Index Ventures and Lightspeed Venture Partners.
Lightspeed
Venture CapitalLightspeed Venture Partners is a global venture capital firm investing across enterprise, fintech, consumer, and healthcare sectors.
Portfolio
19
companies
AUM
£30.0B
under management
Investment by month
By category
- AI/ML£1.3B
- Blockchain£305M
- eCommerce£149M
- GameTech£56.8M
- FinTech£54.8M
- Other£44.9M
By location
- London£1.1B
- United Kingdom£609M
- Manchester£181M
- Cambridge£23.6M
Portfolio companies
A
AudioMob
AudioMob develops non-intrusive in-game audio advertising technology for mobile games.
B
Blockchain
Blockchain provides cryptocurrency products and services for consumers and institutions globally.
B
Blockchain.com
Blockchain.com provides a platform for buying, holding, and using digital assets.
B
Bonnet
Bonnet provides an electric vehicle charging platform that simplifies public charging for drivers.
C
Condukt
Condukt provides an automated compliance platform for financial institutions.
CuspAI
CuspAI builds generative artificial intelligence software to discover and manufacture new materials.
View all 19 companiesShow fewer
E
Emulate
Emulate builds world models for robotics and simulation.
G
Granola
Granola turns workplace conversations into searchable company memory.
Ineffable Intelligence
Ineffable Intelligence develops advanced artificial intelligence systems through reinforcement learning and experience.
Lightyear
Lightyear provides a transparent investment platform for international markets.
Matillion
Matillion offers a data productivity platform designed to prepare cloud data for analytics and artificial intelligence.
Multiverse
Multiverse provides workforce training and AI adoption infrastructure for corporate clients.
Stability AI
London-based Stability AI builds open-source generative models across imaging, audio, and code.
TS
Tripledot Studios
Mobile games developer creating data driven titles.
V
Virtualtrips
Virtualtrips operates an interactive livestreaming platform for virtual travel and cultural tours.
WhiteHat
WhiteHat builds an apprenticeship platform connecting non-graduate talent with leading employers.
Wintermute
Wintermute provides algorithmic liquidity across digital asset markets.
Z
Zapp
Zapp operates an on-demand convenience delivery application providing around the clock service.
tem
tem provides AI-native infrastructure to modernise and simplify energy transactions for businesses.
Team
Nakul Mandan
Partner
Nakul brings venture capital experience from Audacious Ventures and Lightspeed Venture Partners. He also serves as a board member and lead investor at Multiverse and People.ai.
LinkedInJL
Jeremy Liew
Partner
Rytis Vitkauskas
Partner
Rytis brings venture capital experience from roles at DIG Ventures and Lightspeed Venture Partners. He also holds advisory and board positions across several technology companies.
LinkedIn
Paul Murphy
Partner
Paul is a partner at Lightspeed, where he also invests in Mistral AI, Supercritical, and CuspAI.
LinkedIn
Gaurav Gupta
Partner
Gaurav is a partner at Lightspeed and a board director at Redpanda Data, Resilience, and Ragazzi Boys Chorus. He previously held product roles at Splunk and Elastic.
LinkedIn
Arsham Memarzadeh
Partner
Arsham brings venture capital experience from roles at OpenView, Lightspeed Venture Partners, and Meritech Capital.
LinkedInView all 9 team membersShow fewer
NQ
Nicole Quinn
Partner
Nicole is Managing Partner and Co-Founder at Connect Ventures, alongside a role as Venture Partner at Lightspeed Venture Partners. Her governance experience includes board seats at Calm, Lunchclub, and Haus Laboratories.
LinkedInAS
Alex Schmitt
Partner
Alex is a partner at Lightspeed. He previously served as CEO and co-founder of MergerSpot and worked in consulting at McKinsey and Company.
LinkedIn
Mike Mignano
Mike serves as a general partner at Union Square Ventures and co-founded Anchor and Oboe. He previously held roles at Lightspeed Venture Partners, Spotify, and Adobe.
LinkedInRecent investments
$70.0M
The strategic funding round values the workforce transformation company at $2.1bn.
"There are companies who desperately need the benefits AI can bring. There are AI companies. What has been missing is the layer that bridges the two. This investment marks the moment Multiverse defines that category, and takes it across Europe. Getting outcomes from AI and unlocking productivity is not just a technology problem. It is a people problem. We exist to solve it,"
£14.7M
The British Business Bank and the Sovereign AI Fund have backed the artificial intelligence developer in a record-setting seed round.
"David Silver is a generational talent who has consistently been on the cutting edge of AI development. Ineffable Intelligence has the potential to produce a paradigm shift in our scientific and technology landscape, and we are incredibly excited to be supporting him and his team in this endeavour."
$125M
The London startup secured $125m at a $1.5bn valuation to scale its conversation search technology.
"To make your company’s context work for you"
£55.0M
The oversubscribed round included participation from Hitachi Ventures, Voyager Ventures, and Schroders Capital, alongside existing investors.
"Energy underpins every industry in the world, and yet no one has succeeded in course-correcting the fundamentally flawed way the markets work. For decades, the industry has tried to patch over the costly inefficiency of energy transactions with new utility brands and new promises. The real opportunity in energy looks a lot like what fintech did to banking: rebuild the core infrastructure, then let innovation explode on top of it."
Lightspeed + 3 others