True Ventures is a Silicon Valley-based venture capital firm focused on early-stage technology startups.
Portfolio
4
companies
AUM
£3.8B
under management
AccessPay
AccessPay connects back office finance systems to banks for automated payment operations.
Basecamp Research
Basecamp Research uses artificial intelligence to explore beyond known biology and solve life science challenges.
Carbon13
Carbon13 builds and supports early-stage climate tech startups.
Wefarm
Wefarm connects small-scale farmers through a peer-to-peer digital network for agricultural knowledge.
Rohit Sharma
partner
Phil Black
Co-founder
Phil co-founded True Ventures and Blacksmith Capital, alongside holding board and investor roles across multiple companies.
LinkedIn
Singular led the Series B round, which will help fund data collection and foundational model development.
"We are pushing past AI’s limits in biological design by doubling down on solving the fundamental data gap that the entire biotech industry faces, Basecamp Research is using its technology to generate new and deeper insights, going beyond known biology and each day expand what we can offer to our partners in the biopharma ecosystem."
The Manchester fintech raised £18.9m in a round backed by True Ventures, Praetura Ventures, NatWest, Mastercard, Route 66 Ventures, and Beringea.
"AccessPay simplifies corporate and institutional banking processes by streamlining all bank and finance apps into a shared interface. This astute merging of automation, fintech, and tooling that improves processes for a massive market is what drew us to invest in this team since its seed investment, and we continue to feel excitement for the company’s next phase of growth and expansion."
The seed round was backed by True Ventures and four family offices to support the venture builder's climate startup cohorts.
"This investment from True Ventures and four family offices is crucial to Carbon13’s plans for scaling our support to entrepreneurs tackling the most urgent global challenges in decarbonisation and carbon capture. I’m also delighted that Carbon13 is joining True’s community of decarbonisation startups."
Systemiq Ventures led the Series A round to support team expansion and product development.
"At Basecamp, we know the answers to our greatest challenges can be uncovered in our environment,"
The financing will accelerate the development of the company's digital forum and marketplace for small-scale farmers.
"Wefarm is building the definitive platform and network for the world's biggest vertical,"
