
Smedvig Ventures
Description
Smedvig Ventures is a prominent London-based venture capital firm with a long-standing history of investing in ambitious, fast-growing technology companies across Europe. Established in 1996, the firm has evolved from a family office into a dedicated venture capital fund, maintaining a commitment to long-term partnerships and providing more than just capital. Their approach emphasizes active support and strategic guidance to help portfolio companies navigate growth challenges and scale effectively.
The firm primarily focuses on Series A and Series B funding rounds, targeting companies that have demonstrated early traction and are poised for significant expansion. Smedvig Ventures is sector-agnostic but shows a clear interest in disruptive technologies across various verticals, including the Future of Work, Future of Commerce, Future of Finance, Future of Health, Future of Industry, and Future of Infrastructure. They seek out innovative business models, strong management teams, and scalable solutions that address large market opportunities. Their investment philosophy is rooted in building enduring relationships and leveraging their deep operational expertise to support founders throughout their growth journey.
Smedvig Ventures typically deploys initial investments ranging from £2 million to £20 million, which translates to approximately $2.54 million to $25.4 million USD based on current exchange rates. Over its history, the firm has invested over £700 million (approximately $889 million USD) across numerous companies, demonstrating a significant and sustained presence in the European tech ecosystem. Their current fund, Smedvig Ventures IV, closed at £100 million (around $127 million USD), providing ample capital to continue backing promising startups. This substantial fund size allows them to lead rounds and provide follow-on capital as their portfolio companies achieve milestones.
Investor Profile
Smedvig Ventures has backed more than 77 startups, with 3 new investments in the last 12 months alone. The firm has led 46 rounds, about 60% of its total and boasts 15 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Series Unknown rounds (top funding stages).
- Majority of deals are located in United Kingdom, United States, Sweden.
- Strong thematic focus on Software, Information Technology, Enterprise Software.
- Led 3 rounds in the past year.
- Typical check size: $2.5M – $25.4M.
Stage Focus
- Series A (42%)
- Series B (25%)
- Series Unknown (13%)
- Series C (12%)
- Seed (5%)
- Private Equity (3%)
- Series D (1%)
Country Focus
- United Kingdom (69%)
- United States (9%)
- Sweden (8%)
- The Netherlands (5%)
- Norway (4%)
- Romania (1%)
- Ireland (1%)
- Luxembourg (1%)
- Austria (1%)
Industry Focus
- Software
- Information Technology
- Enterprise Software
- Artificial Intelligence (Ai)
- Advertising
- Analytics
- Saas
- Marketing
- Hospitality
- Health Care
Frequently Asked Questions
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