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PV

Promus Ventures

Venture Capital

Promus Ventures invests in early stage deep tech startups solving complex problems across the world.

Portfolio

3

companies

Investment by month

By category

  • IoT£33.5M
  • AI/ML£17.5M
  • CleanTech£6.4M

By location

  • United Kingdom£33.5M
  • London£17.5M
  • Bristol£6.4M

Portfolio companies

A

ALL.SPACE

ALL.SPACE builds multi-orbit connectivity technology for high-demand environments.

Recycleye

Recycleye

Recycleye develops artificial intelligence and robotics to automate waste sorting.

U

Uplift360

Uplift360 recycles high-performance composite materials for aerospace, defence, and industrial sectors.


Team

Mike Collett

Mike Collett

Managing Partner

Mike brings venture capital and M&A experience from roles at Promus Ventures, Masters Capital Management, and Merrill Lynch.

LinkedIn

Recent investments

Seed
€7.4M

The seed round was led by Extantia with backing from the NATO Innovation Fund, Promus Ventures, and Fund F.

"This investment is a clear signal that Europe intends to lead in sustainable advanced-materials manufacturing. Our technology turns what is currently burned, buried or exported into a reliable, high-quality feedstock stream, strengthening supply chains for primes, OEMs, and government customers. With Extantia and the NATO Innovation Fund behind us, we’re now positioned to scale with urgency."
— Sam Staincliffe, CEO and Co-Founder
Series C
£33.5M

The investment was led by the BOKA Group to fund the commercial launch of the firm's first-generation terminal.

"All of our investors’ confidence reflects the critical role our technology plays in addressing the growing demand for resilient and seamless connectivity across defence and space industries. We are laser-focused on executing our strategy and delivering the cutting-edge solutions our partners and customers rely on, ensuring critical communications in the most challenging environments."
— Paul McCarter, CEO
Series A
£14.0M

DCVC led the Series A round to support the scale up of artificial intelligence waste sorting systems.

"At FCC, we believe in being forward-thinking, so investing in the latest waste sorting technology was an obvious choice. Recycleye Robotics is delivering the consistent purity in sorted material and reliable data that we need to run an effective facility"
— Rory Brien
Seed
£3.5M

The seed round was led by Promus Ventures with participation from existing investors including Playfair Capital and MMC Ventures.

"Waste is not recycled when the cost of recycling exceeds the value of the sorted material. By lowering the cost of recycling with artificial intelligence and robotics, we’re breaking this threshold and building a world where our removal chains are fully integrated back into our supply chains"
— Victor Dewulf, CEO