About Generate Ventures
Generate Ventures, an accelerator and incubator program founded in 2011, is based in Newcastle Upon Tyne, United Kingdom. With a presence in 1 country, it has supported around 8 startups in sectors like Enterprise Applications, Food and Agriculture Tech. As of Jul 2026, Generate Ventures has witnessed 2 portfolio exits. Most notable companies in
its portfolio include Trace Genomics, Openbay and PureCars. The program is backed by a team of 2 people who primarily support startups based in United States.
Key Metrics
Founded Year
2011
Location
Newcastle Upon Tyne, United Kingdom
Portfolio Companies
Sectors of Investment
Locations of Investment
Generate Ventures' List of Top Investments
Generate Ventures has a portfolio of 8 companies. Their most notable investments include Trace Genomics and Openbay.Their portfolio spans across and United States. They have invested in Enterprise Applications, Food and Agriculture Tech, High Tech and 8 other sectors. Here is the list of top investments by Generate Ventures:Provider of soil intelligence technology for sustainable agriculture and food. It offers digital measurement technology that transforms understanding of the world by unlocking critical insights across soil, plants, and food. By combining advanced sensor technology, machine learning, and computational chemistry, it empowers farmers, food producers, and industries to make smarter, more sustainable decisions. The solutions drive both environmental and economic impact, improving efficiency, sustainability, and quality across the entire value chain. It pioneers a new standard for soil intelligence that combines AI, spectroscopy, and genomics to deliver actionable insights. It also offers soil analysis and hi-definition genomic sequencing to make better, smarter, and more impactful management decisions.
Key facts about Trace Genomics
- Founded Year: 2015
- Location: Ames (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $53.6M
- Employee Count: 11 as on May 31, 2026
- Investors: Wheatsheaf Group, Rabo Investments and 19 Others
- Latest Funding Round: Series B, Feb 20, 2024, $*****
- Highlight: Editors' Pick
2. Openbay
Online platform connecting vehicle owners with multiple local auto service professionals. It enables them to compare price quotes and book services. The platform also offers a suite of software solutions for the automotive care industry, including AI-powered automotive service recommendation engines.
Key facts about Openbay
- Founded Year: 2012
- Location: Cambridge (United States)
- Stage: Series A
- Total Funding till date: $8M
- Employee Count: 19 as on May 31, 2026
- Investors: Andreessen Horowitz, Shell and 8 Others
- Latest Funding Round: Series A, Jun 25, 2018, $*****
3. PureCars
Provider of data-driven digital marketing and business intelligence solutions for dealerships. The company offers solutions to attract and convert more customers using technology. It provides a customer data platform to consolidate and clean customer data. The company deploys omni-channel campaigns and leverages market insights to match shoppers to inventory.
Key facts about PureCars
- Founded Year: 2007
- Location: Charleston (United States)
- Stage: Acquired
- Total Funding till date: $10M
- Employee Count: 252 as on May 31, 2026
- Investors: Pittco, Generate Ventures and 5 Others
- Latest Funding Round: Series B, Dec 18, 2013, $*****
- Highlight: Acquired
4. Remesh
AI-powered platform for fast, high-quality, and cost-effective research. It is a SaaS platform revolutionizing research with AI technology, enabling live digital focus groups, surveys, and in-depth video interviews at scale. The platform offers tools for gathering and analyzing insights, surfacing resonant ideas, and generating summaries. It supports global insights with built-in translation and provides flexible support options. The platform empowers researchers to explore markets, detect blind spots, engage employees, discover pain points, uncover unmet needs, build brands, respond to crises, and build consensus. It is designed for both seasoned researchers and insight seekers, offering a user-friendly design, AI assistance, auto-moderation, and seamless integration. The technology delivers reliable results, enabling users to organize and analyze responses, understand audience segments, and address business challenges with authentic voice.
Key facts about Remesh
- Founded Year: 2013
- Location: Cleveland (United States)
- Stage: Series A
- Total Funding till date: $42.7M
- Employee Count: 77 as on May 31, 2026
- Investors: Icon Ventures, WorldQuant Ventures and 15 Others
- Latest Funding Round: Series A, Dec 16, 2022, $*****
- Highlight: Editors' Pick
5. CHAOSSEARCH
AI powered analytical data processing platform. It converts cloud storage into a live search, SQL, and GenAI analytical database for operational and business use cases. It enables users to combine different streams into the cloud storage, and create a data lake in real time. The platform automates the detection, and maintenance of live data formats, and schema. It caters to industries such as IT, healthcare, retail, and more.
Key facts about CHAOSSEARCH
- Founded Year: 2017
- Location: Boston (United States)
- Stage: Series B
- Total Funding till date: $59M
- Employee Count: 13 as on May 31, 2026
- Investors: Stripes, Glasswing Ventures and 3 Others
- Latest Funding Round: Series B, Dec 16, 2020, $*****
- Highlight: Editors' Pick
Acquired companies in Generate Ventures' Portfolio
2 companies from Generate Ventures' portfolio have been acquired. The most recent acquisition was PureCars in May 2019 by Stage 1 Ventures for $*****.Here are Generate Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 06, 2019 | - | - | 4289 | |
Mar 02, 2015 | - | - | 8336 |