About Act Venture Capital
Act Venture Capital is a venture capital firm founded in 1994. It is primarily based out of Dublin, Ireland. As of Jun 2026, Act Venture Capital is an active investor, having invested in 113 companies, with 4 new investments in the last 12 months. It primarily invests in Series A round in Ireland based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Series A round of Ubotica Overall, Act Venture Capital portfolio has seen 2 IPOs and 54 acquisitions including key companies like Virgin Media, Kainos and Playter. A lot of funds co-invest with Act Venture Capital, with names like Enterprise Ireland sharing a substantial percentage of its portfolio. Act Venture Capital has team of 9 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 6 more
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Act Venture Capital's List of Top Investments
Act Venture Capital has a portfolio of 113 companies. Their most notable investments are in Micron Agritech and Ubotica.Their portfolio spans across Ireland, United Kingdom, United States and 3 more locations. They have invested in Enterprise Applications, High Tech, Retail and 28 other sectors, across stages such as Seed, Series A and 6 more. Here is the list of top investments by Act Venture Capital:1. Virgin Media
Virgin Media is a telecom service provider which caters to both residential and business customers in the UK. It provides broadband internet access (fiber-optic, co-axial cable) with data speeds up to 300 Mbps, dedicated internet access, point-to-point and point-to-multipoint connectivity, fixed-line telephony (with custom calling features such as caller display, call divert, voicemail plus, quick dial, etc.), VoIP telephony (including SIP trunking and hosted PBX), 4G LTE voice/data (as an MVNO), WiFi hotspots, and managed LAN services. It provides these services through its own network. It also provides cost-effective bundles, installation, and support services. Liberty Global acquired it in 2013 to broaden its service offerings.
Key facts about Virgin Media
- Founded Year: 2006
- Location: Hook (United Kingdom)
- Annual Revenue: $1B+ as on Dec 31, 2012
- Stage: Acquired
- Employee Count: 7,687 as on May 31, 2026
- Investors: Act Venture Capital
- Latest Funding Round: Conventional Debt, Jan 19, 2010, $*****
- Highlight: Acquired

2. Fresco
Online platform offering food recipes for smart appliances. The platform offers recipes for different appliance models with timers, temperatures, and other factors.
Key facts about Fresco
- Founded Year: 2012
- Location: Dublin (Ireland)
- Stage: Series C
- Total Funding till date: $62.4M
- Employee Count: 169 as on May 31, 2026
- Investors: Omega Venture Partners, Alsop Louie Partners and 10 Others
- Latest Funding Round: Series C, Dec 10, 2025, $*****
- Highlight: Editors' Pick

3. Deciphex
Network of pathologists providing digital diagnostic services for medical testing. These services utilize artificial intelligence to assist in the analysis of tissue samples and clinical slides. The platform integrates with existing healthcare systems to facilitate remote review of diagnostic data. By digitizing workflows, the system supports the assessment of biological samples for clinical and research purposes. The technology assists in identifying lesions and evaluating diagnostic findings to support medical decision making.
Key facts about Deciphex
- Founded Year: 2017
- Location: Dublin (Ireland)
- Stage: Series C
- Total Funding till date: $56.6M
- Employee Count: 186 as on May 31, 2026
- Investors: Irrus Investments, Molten Ventures and 13 Others
- Latest Funding Round: Venture Debt, Oct 02, 2025, $*****
- Highlight: Editors' Pick
4. Scurri
Provider of delivery management software for retailers, postal services, marketplaces. The software streamlines label generation, parcel tracking, and data management. It connects aspects of the order, shipping, and delivery process through a central platform. The platform integrates with carrier services and eCommerce platforms. It automates decision-making for carrier selection. The software also provides post-purchase communications and branded tracking options.
Key facts about Scurri
- Founded Year: 2010
- Location: Maidenhead (United Kingdom)
- Stage: Series B
- Total Funding till date: $19.9M
- Employee Count: 54 as on May 31, 2026
- Investors: Enterprise Ireland, Episode 1 Ventures and 5 Others
- Latest Funding Round: Series B, Jun 15, 2021, $*****
- Highlight: Editors' Pick

5. Id-Pal
Provider of AI-powered identity verification and compliance solutions for businesses. The company offers tools for digital identity verification, document verification, address verification, and AML screening. It provides features such as facial matching, liveness testing, and database checks. The platform aims to streamline customer onboarding, prevent fraud, and ensure compliance with regulations.
Key facts about Id-Pal
- Annual Revenue: €1M - €10M as on Dec 31, 2022
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $12M
- Employee Count: 53 as on May 31, 2026
- Investors: Furthr, Enterprise Ireland and 25 Others
- Latest Funding Round: Series A, Jul 09, 2022, $*****
- Highlight: Editors' Pick
Act Venture Capital's Year-on-Year Investment Trends
Act Venture Capital has invested in 113 companies over the last 29 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 4 investments, while as of Jun 2026, it has made 3 investments in this year. Its most recent first time investment was in Ubotica and most recent follow-on round was in GridBeyond.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 1 | 3 |
2025 | 3 | 1 | 4 |
2024 | 3 | 3 | 6 |
2023 | 2 | 2 | 4 |
2022 | 4 | 7 | 11 |
2021 | 4 | 1 | 5 |
2020 | 4 | 5 | 9 |
2019 | 4 | 5 | 9 |
2018 | 2 | 1 | 3 |
2017 | 4 | 1 | 5 |
Act Venture Capital's Investments by Stage
Act Venture Capital has made 32 investments in Seed stage with an average round size of $2.17M, 32 investments in Series A stage with an average round size of $5.91M and 5 investments in Series B stage with an average round size of $24.9M.Stage of entry | No. of Investments |
|---|---|
Seed | 32 |
Series A | 32 |
Series B | 5 |
PE | 3 |
Series C | 3 |
Others | 3 |
Note: We have considered here, only first round of investments
Act Venture Capital's Investments by Sector
Act Venture Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Semiconductors, Consumer, Vertical SaaS and FinTech. Notably, it has invested in 96 Tech companies, 95 Enterprise (B2B) companies, 65 Software companies and at least 28 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 41 |
Semiconductors | 13 |
Consumer | 12 |
Vertical SaaS | 11 |
FinTech | 10 |
Others | 85 |
Note: We have considered here, only first round of investments
Act Venture Capital's Investments by Geography
Act Venture Capital has made most investments in Ireland (57), followed by United Kingdom where it has made 10 investments.Country | No. of Investments |
|---|---|
Ireland | 57 |
United Kingdom | 10 |
United States | 9 |
Germany | 1 |
Kenya | 1 |
Note: We have considered here, only first round of investments
Act Venture Capital's recent investments
Act Venture Capital has made 3 investments in 2026 so far. Ubotica and Vox Talk AI are the latest among them.Here are the most recent investments by Act Venture Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 18, 2026 | Ireland | Series A | 2221 | [+1] | |
Apr 15, 2026 | Ireland | Seed | 1037 | [+1] | |
Mar 16, 2026 | United Kingdom | Series C | 6055 | ||
Dec 10, 2025 | Ireland | Series C | 8018 | [+4] | |
Nov 14, 2025 | Ireland | Series A | 1647 | [+5] |
IPOs and Publicly Listed companies in Act Venture Capital's Portfolio
2 of Act Venture Capital's portfolio companies have become public. Kainos got listed on the London Stock Exchange (LSE), in Jul 2015 at marketcap of $12.6M.Here are Act Venture Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 10, 2015 | - | - | 1069 | |
- | Jun 07, 2016 | Seed | 9181 |
Acquired companies in Act Venture Capital's Portfolio
54 companies from Act Venture Capital's portfolio have been acquired. The most recent acquisition was Playter in Dec 2025 by Shawbrook for $*****.Here are Act Venture Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 04, 2025 | Jun 22, 2022 | Conventional Debt | 9299 | |
Jul 16, 2024 | Nov 2014 | Seed | 9164 | |
May 24, 2024 | Nov 10, 2000 | Series A | 9817 | |
Feb 20, 2024 | May 06, 2019 | Seed | 3109 | |
Feb 13, 2023 | Apr 28, 2020 | Series A | 4236 |
Team profile of Act Venture Capital
Act Venture Capital has a team of 9 members including 3 Partners and 1 Principal located in Ireland. Act Venture Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Act Venture Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Ireland | - | - | |
Partner | Ireland | - | ||
Partner | Ireland | - | - | |
Principal | Ireland | - |
Co-investors of Act Venture Capital
Over the past 29 years, 310 investors have co-invested in Act Venture Capital's portfolio companies. This includes funds and angels.
- Invested before Act Venture Capital: Enterprise Ireland, Atlantic Bridge and 84 others have invested in rounds before Act Venture Capital. There are 11 companies where Enterprise Ireland has invested before Act Venture Capital and 3 companies where Atlantic Bridge has invested before Act Venture Capital.
- Top Co-investors of Act Venture Capital: 121 investors entered a company along with Act Venture Capital. These include investors like Enterprise Ireland (22 companies).
- Invested after Act Venture Capital: A total of 103 investors have invested in Act Venture Capital's portfolio after their investments. Top Investors include Europa (5 companies), Enterprise Ireland (3 companies) and Claret Capital Partners (2 companies).
Recent News related to Act Venture Capital
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Dublin tech company Vox Talk raises €1.35m in pre-seed roundSilicon Republic•Apr 17, 2026•Delta Partners, Act Venture Capital, Enterprise Ireland
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GridBeyond Receives €12M InvestmentFinSMEs•Mar 17, 2026•ABB, GridBeyond, EDP, Enterprise Ireland and 10 others
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Fresco Raises €15m: Fresco €15m FundingVentureburn•Dec 10, 2025•Middleby, Aeventures, Act Venture Capital, Alsop Louie Partners and 2 others
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Irish sales planning platform Lative secures $7.5M fundingSilicon Republic•Nov 14, 2025•Lative, Act Venture Capital, Senovo, Enterprise Ireland and 5 others
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Advise raises €1.55 million to expand AI-powered analytics for FMCG brandsEU-Startups•Jan 09, 2025•Advise, BVP, Act Venture Capital, Elkstone and 3 others
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OptimX connects with Charles River to offer institutional clients bilateral liquidityThe TRADE•Jan 07, 2025•Charles River Laboratories, OptimX, Patholytix, Diagnexia and 7 others
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Deciphex Raises €31M in Series C FundingFinSMEs•Jan 07, 2025•Deciphex, NextSteps Capital, Halo Business Angel Network, Irrus Investments and 5 others
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Bounce Insights raises $4.5M for faster, cost-effective market researchTech.eu•Dec 04, 2024•Bounce Insights, Act Venture Capital, Irrus Investments, Enterprise Ireland and 1 other
