About Empirical Ventures
Empirical Ventures is a venture capital firm founded in 2024. It is primarily based out of Bristol, United Kingdom. As of Nov 2026, Empirical Ventures is an active investor, having invested in 21 companies, with 9 new investments in the last 12 months. It primarily invests in Seed round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Life Sciences to High Tech and Enterprise Applications. Most recently it participated in the $***** Seed round of NEOBE Therapeutics A lot of funds co-invest with Empirical Ventures, with names like The FSE Group sharing a substantial percentage of its portfolio. Empirical Ventures has team of 9 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Deals in last 12 months
Empirical Ventures' List of Top Investments
Empirical Ventures has a portfolio of 21 companies. Their most notable investments are in Neuronostics and MintNeuro.Their portfolio spans across United Kingdom and China. They have invested in Life Sciences, High Tech, Enterprise Applications and 13 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Empirical Ventures:
Manufacturer of electrotherapy devices for treating brain tumors. The company's flagship product is GRACE, an implanted device that delivers electric field therapy directly to the tumour resection margins where GBM recurrence takes place.
Key facts about QV Bioelectronics
- Founded Year: 2019
- Location: Manchester (United Kingdom)
- Stage: Series A
- Total Funding till date: $9.63M
- Employee Count: 17 as on Oct 31, 2026
- Investors: SOSV, Ukri and 18 Others
- Latest Funding Round: Series A, Jan 21, 2026, $*****
2. OSSTEC
Developer of regenerative orthopedic implants. The company specializes in bone healing technology and offers partial knee implants that stimulate long-term bone growth.
Key facts about OSSTEC
- Founded Year: 2021
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $12.7M
- Employee Count: 21 as on Oct 31, 2026
- Investors: New Wave Ventures, SFC Capital and 12 Others
- Latest Funding Round: Series B, Nov 03, 2026, $*****
- Highlight: Editors' Pick
3. Silveray
Provider of ultra-efficient X-ray detector technology for various applications in healthcare, industrial, and security sectors.
Key facts about Silveray
- Founded Year: 2018
- Location: Stockport (United Kingdom)
- Stage: Seed
- Total Funding till date: $14.1M
- Employee Count: 26 as on Oct 31, 2026
- Investors: European Investment Fund, Cambridge Angels and 11 Others
- Latest Funding Round: Seed, Jun 22, 2026, $*****
4. OutSee
Developer of an artificial intelligence engine for predictive genomics. The AI engine predicts disease and phenotype directly from a single genome. It uncovers biological mechanisms that drive and modulate disease, rather than matching known genetic associations. The technology can find additional results after other methods have been fully exploited. It predicts complex genetics, including multi-variant effects and mechanistically cooperative interactions. This allows grouping patients in ways that other methods cannot. The predictive approach works on small and large datasets.
Key facts about OutSee
- Founded Year: 2023
- Location: United Kingdom
- Annual Revenue: £0 - £1M as on Sep 30, 2023
- Stage: Seed
- Total Funding till date: $5.79M
- Employee Count: 9 as on Oct 31, 2026
- Investors: Ahren, Panacea Venture and 2 Others
- Latest Funding Round: Seed, Jan 13, 2026, $*****
- Highlight: Editors' Pick
Developer of fin based systems for predictable tidal energy generation. This technology utilizes hydrodynamic lift and motion to convert water flow into electricity. The modular architecture is designed for surface mounting and utilizes standard components to facilitate practical installation and maintenance. By operating in moderate flow conditions, the system provides a reliable and forecastable source of renewable power. The infrastructure is engineered to support various energy users, including grid restricted sites and off grid operations, by offering a stable baseload resource. The design focuses on mechanical simplicity and operational efficiency to ensure long term performance in marine environments.
Key facts about Caudal Energy
- Founded Year: 2023
- Location: Oxford (United Kingdom)
- Stage: Seed
- Total Funding till date: $7.32M
- Employee Count: 14 as on Oct 31, 2026
- Investors: Oxford Science Enterprises, Ukri and 5 Others
- Latest Funding Round: Seed, May 27, 2026, $*****
Empirical Ventures' Year-on-Year Investment Trends
In 2025, it made 5 investments, while as of Nov 2026, it has made 14 investments in this year. Its most recent first time investment was in NEOBE Therapeutics and most recent follow-on round was in OSSTEC.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 9 | 5 | 14 |
2025 | 5 | 0 | 5 |
2024 | 7 | 0 | 7 |
Empirical Ventures' Investments by Stage
Empirical Ventures has made 16 investments in Seed stage with an average round size of $3.82M, 4 investments in Series A stage with an average round size of $6M and 1 investment in Series B stage with an average round size of $20M.Stage of entry | No. of Investments |
|---|---|
Seed | 16 |
Series A | 4 |
Series B | 1 |
Note: We have considered here, only first round of investments
Empirical Ventures' Investments by Sector
Empirical Ventures has a diverse portfolio, with companies operating in the Life Sciences, High Tech, Sustainability Tech, Environment Tech and Energy. Notably, it has invested in 20 Tech companies, 17 Enterprise (B2B) companies, 9 Tech hardware companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
Life Sciences | 8 |
High Tech | 6 |
Sustainability Tech | 4 |
Environment Tech | 3 |
Energy | 2 |
Others | 18 |
Note: We have considered here, only first round of investments
Empirical Ventures' Investments by Geography
Empirical Ventures has made most investments in United Kingdom (20), followed by China where it has made 1 investment.Country | No. of Investments |
|---|---|
United Kingdom | 20 |
China | 1 |
Note: We have considered here, only first round of investments
Empirical Ventures' recent investments
Empirical Ventures has made 14 investments in 2026 so far. NEOBE Therapeutics and OSSTEC are the latest among them.Here are the most recent investments by Empirical Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 10, 2026 | United Kingdom | Seed | 7219 | [+2] | |
Nov 03, 2026 | United Kingdom | Series B | 1289 | [+3] | |
Oct 07, 2026 | United Kingdom | Series A | 3407 | [+3] | |
Jul 27, 2026 | United Kingdom | Series B | 2635 | [+2] | |
Jul 07, 2026 | United Kingdom | Seed | 2499 | [+3] |
Team profile of Empirical Ventures
Empirical Ventures has a team of 9 members including 5 Partners and 2 Principals located in United Kingdom. Empirical Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Empirical Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | United Kingdom | - | ||
Partner | London | - | - | |
Partner | United Kingdom | - | - | |
Partner | London | - | ||
Principal | - | - | - | |
Principal | London | - | - |
Co-investors of Empirical Ventures
Over the past 2 years, 111 investors have co-invested in Empirical Ventures's portfolio companies. This includes funds and angels.
- Invested before Empirical Ventures: Ukri, Science Angel Syndicate and 33 others have invested in rounds before Empirical Ventures. There are 5 companies where Ukri has invested before Empirical Ventures and 4 companies where Science Angel Syndicate has invested before Empirical Ventures.
- Top Co-investors of Empirical Ventures: 67 investors entered a company along with Empirical Ventures. These include investors like The FSE Group (2 companies).
- Invested after Empirical Ventures: A total of 9 investors have invested in Empirical Ventures's portfolio after their investments. Top Investors include New Wave Ventures (2 companies), Neovate Capital (1 company) and PXN Ventures (1 company).
Recent News related to Empirical Ventures
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Nuclear Turbines Raises £15M in FundingFinSMEs•Jul 27, 2026•Nuclear Turbines, Empirical Ventures, Zero Carbon Capital, Rhapsody Venture Partners
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Healome Therapeutics Secures £2 Million Seed Funding Led by Empirical VenturesPR Newswire•Jul 07, 2026•Empirical Ventures, cure-eb, Healome Therapeutics, Oshen and 1 other
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Silveray Raises £5M to Modernize X-ray Technology for Healthcare ApplicationsInsider Media•Jun 18, 2026•Silveray, Future Planet Capital, Empirical Ventures, ACF Investors and 1 other
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Startup harnessing energy from tides raises £4.3mUKTN•May 27, 2026•Creator Fund, Empirical Ventures, Caudal Energy, Zero Carbon Capital and 3 others
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Oxford-based Caudal Energy lands €4.9 million to develop predictable renewable power from tidal flowEU-Startups•May 27, 2026•Empirical Ventures, Oxford Science Enterprises, Zero Carbon Capital, Creator Fund
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Empirical Ventures secures £10m to back ‘venture scientists’BusinessCloud•Mar 30, 2026•British Business Bank, empirical, Empirical Ventures
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Orthofuse Raises £2.2M in Seed FundingFinSMEs•Feb 12, 2026•Orthofuse, Empirical Ventures, ACF Investors, Cambridge Angels
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OutSee Closes £2.5M Seed Funding RoundFinSMEs•Jan 13, 2026•OutSee, Empirical Ventures, Kadmos Capital, Panacea Venture and 2 others
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HotGreen Solutions Secures £1.2M To Scale Ultra-Efficient Industrial Heat PumpsStartup Rise EU•Oct 21, 2025•State of California, Coca-Cola Europacific Partners, Almanac Realty Investors, HotGreen Solutions and 1 other
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British startup BoobyBiome’s €2.8 million raise for infant health with breast milk microbiome breakthroughEU-Startups•Sep 08, 2025•Empirical Ventures, Kayan Ventures, BoobyBiome, XFactor Ventures and 3 others
