Draper Esprit

Early-stage UK VC Episode 1 closes $95M third fund

Early-stage European venture capital (VC) firm Episode 1 has closed its third fund at £76 million ($95 million), as the London-based investor turns to in-house “data-driven deal sourcing tools&

Revolut sees its valuation reconsidered as public markets stir the fintech pot

U.K.-based Revolut saw its valuation being reduced earlier this year, and the company is once again in the headlines for reasons that it won’t like.

UK’s FocalPoint raises $17M for its software-based approach to repairing the flaws of GPS

GPS in its many regional flavors has become a ubiquitous feature in phones, smart watches, cars and other connected devices, but for all the location-based features that it helps enable (mapping being

CausaLens gets $45M for no-code technology that introduces cause and effect into AI decision making

One of the most popular applications of artificial intelligence to date has been to use it to predict things, using algorithms trained with historical data to determine a future outcome. But popularit

Thought Machine closes $200M for its cloud native banking SaaS and becomes a unicorn

Thought Machine, a 2014 (Xoogler) founded startup that sells cloud-based b2b banking services, has closed a $200 million Series C round and announced that it’s achieved unicorn status (aka, pass

Draper Esprit cuts the legacy name apron strings to rebrand as Molten Ventures

Draper Esprit, Europe’s only stock market-listed tech VC firm, is changing its name to Molten Ventures after a change in senior personnel and an increasingly distant relationship with the U.S. VC ne

Allplants scoops $52M to deliver more plant-based microwave meals

Vegan meal delivery startup Allplants has nabbed £38 million (~$52 million) in Series B funding led by Draper Esprit to serve up more tasty plant-based, heat-at-home meals direct to U.K. consumers. T

CoachHub raises $80M in Series ‘B2’ round, as coaching goes digital in the pandemic

The world of professional coaching has grown over the years as coaches realised they could easily counsel people remotely and clients realized digital coaching was far more efficient. But, equally, a

Extra Crunch roundup: Square buys Afterpay, paid search basics, career advice for devs

Square paid around a quarter of its present-day value for Afterpay. That seems like a lot. But was it too much?

How public markets can help address venture capital’s limitations

"Draper Esprit’s model enables it to deploy them right back into new investments, ensuring more of Europe’s best startups can raise funding."

Why Draper Esprit doubled down on its status as a publicly listed VC

Draper Esprit, another British venture capital firm, moved from the AIM to the LSE proper, with a secondary listing on Euronext Dublin.

Climate risk platform Cervest raises $30M Series A led by Draper Esprit

Cervest — a startup with a platform that claims to quantify climate risk across multiple decades and threats down to the asset level — has raised a $30 million Series A round led by Draper Esprit.

FintechOS nabs $60M for a low-code approach to modernizing legacy banking and insurance services

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more persona

Despite Brexit and COVID-19, Irish investors remain bullish

"Dublin is a really vibrant startup ecosystem," said Michelle Dervan of Rethink Education Management. "Young population. Lots of government supports to encourage entrepreneurship."

Fraud detection startup Ravelin secures $20M Series C

Ravelin, the London-based company using machine learning to help companies fight fraud when accepting online payments, has raised $20 million in new funding. The Series C round is led by Draper Esprit

Fintech’s savings and investing boom isn’t just a domestic affair

The COVID-19 pandemic disrupted consumer and corporate behavior across the board. Some changes were obvious and quick, like cuts to business travel leading to layoffs at companies that served that spa

COVID-hit UK startups cry out for help, as UK gov trails Europe in its response

The UK government is reportedly looking at a range of options to support the startup industry, possibly involving a co-investment model involving state-owned funds (via the British Business Bank) and

Freetrade, the UK challenger stockbroker, completes $15M Series A

Freetrade, the U.K. challenger stockbroker that offers commission-free investing, has closed $15 million in Series A funding. The round includes a $7.5 million investment from Draper Esprit, the U.K.

Draper Esprit invests in and partners with German VC Earlybird

Draper Esprit, the publicly-listed VC firm based in London, is putting down further roots across Europe in cooperation with German VC Earlybird. The “strategic partnership” sees Draper inv

Publicly-listed UK VC Draper Esprit acquires Seedcamp’s Fund I & II for $23.6M

Following on from its announcement that it would invest in other early-stage VC firms in Europe, and doing so by investing in the UK’s Seedcamp, and Episode 1 Partners, Draper Esprit, the publicly-l
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