About ETF Partners
ETF Partners is a venture capital firm founded in 2006. It is primarily based out of London, United Kingdom. As of Sep 2026, ETF Partners is an active investor, having invested in 60 companies, with 2 new investments in the last 12 months. It primarily invests in Series A round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Real Estate and Construction Tech. Most recently it participated in the $***** Series E round of Amber Overall, ETF Partners portfolio has seen 1 unicorn, 1 IPO and 12 acquisitions including key companies like DeepSea, Open Cosmos and Normative. A lot of funds co-invest with ETF Partners, with names like Bpifrance sharing a substantial percentage of its portfolio. ETF Partners has team of 20 people including 11 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 4 more
Portfolio IPOs
Portfolio Unicorns
Deals in last 12 months
ETF Partners' List of Top Investments
ETF Partners has a portfolio of 60 companies, one of which is a Unicorn. Their most notable investments are in Pieter Pot and Dexter.Their portfolio spans across United Kingdom, France, Germany and 13 more locations. They have invested in Enterprise Applications, High Tech, Real Estate and Construction Tech and 26 other sectors, across stages such as Series A, Series B and 4 more. Here is the list of top investments by ETF Partners:_1581682336722.png?format=webp&height=120&width=120)
1. Zeelo
Provider of technology-enabled transportation services for corporations, schools, and other organizations. They offer commuter transportation, shift worker shuttles, and education shuttles. The company serves food production, grocery, logistics, corporate offices, enterprises, schools, and healthcare sectors. Services include route design, rider applications, customer portals, and reporting.
Key facts about Zeelo
- Founded Year: 2016
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $58.2M
- Employee Count: 124 as on Aug 31, 2026
- Investors: ETF Partners, Blue Earth Capital and 19 Others
- Latest Funding Round: Series B, Jun 24, 2025, $*****
- Highlight: Editors' Pick
2. DeepSea
Developer of artificial intelligence software for maritime vessel performance optimization. This technology collects high-frequency data from onboard systems to create digital models of vessel behavior. These models facilitate the monitoring of fuel consumption and emissions while providing automated adjustments to propulsion control systems. The software integrates with existing operational workflows to assist in managing speed and voyage execution. By analyzing performance metrics, the system provides insights intended to improve efficiency during vessel operations.
Key facts about DeepSea
- Founded Year: 2017
- Location: Athens (Greece)
- Annual Revenue: £1M - £10M as on Dec 31, 2021
- Stage: Acquired
- Total Funding till date: $9.15M
- Employee Count: 99 as on Aug 31, 2026
- Investors: ETF Partners, Nabtesco Technology Ventures and 3 Others
- Latest Funding Round: Series B, Jul 29, 2021, $*****
- Highlight: Acquired

3. Worldsensing
Worldsensing is a cloud-driven IoT-based real-time traffic monitoring and analytics solution. Their product offerings include Loadsensing (offers asset monitoring solution with features as real-time data capturing, analytics, geotechnical sensors & more), Bitcarrier (a traffic flow monitoring software for cities), and Fastprk (a parking management software solution).
Key facts about Worldsensing
- Founded Year: 2008
- Location: Barcelona (Spain)
- Stage: Series B
- Total Funding till date: $9.42M
- Employee Count: 128 as on Aug 31, 2026
- Investors: Black River Ventures, Kibo Ventures and 14 Others
- Latest Funding Round: Grant (prize money), Mar 01, 2021, $*****
- Highlight: Editors' Pick
4. Riverlane
Provider of software for quantum computers. It provides computing elements in the stack accessible like CPU, FPGAs and qubits, and quantum error correction. It also can be used in measurement strategies, noise models, and algorithms.
Key facts about Riverlane
- Founded Year: 2016
- Location: Cambridge (United Kingdom)
- Annual Revenue: £1M - £10M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $122M
- Employee Count: 212 as on Aug 31, 2026
- Investors: Molten Ventures, EDBI and 18 Others
- Latest Funding Round: Series C, Aug 06, 2024, $*****
- Highlight: Editors' Pick

5. Open Cosmos
Operator of space missions providing satellite data and earth observation. The company designs, builds, and operates space missions to provide access to satellite data. It offers end-to-end mission services including satellite assembly, integration, testing, launch, in-orbit operations, and data delivery. The company also provides a multi-satellite data platform with visualization tools.
Key facts about Open Cosmos
- Founded Year: 2015
- Location: Harwell (United Kingdom)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $410M
- Employee Count: 302 as on Aug 31, 2026
- Investors: Lightrock, ETF Partners and 21 Others
- Latest Funding Round: Series C, Sep 14, 2026, $*****
- Highlight: Editors' Pick
ETF Partners' Year-on-Year Investment Trends
ETF Partners has invested in 60 companies over the last 26 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of Sep 2026, it has made 3 investments in this year. Its most recent first time investment was in QuantWare and most recent follow-on round was in Amber.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 2 | 3 |
2025 | 5 | 2 | 7 |
2024 | 5 | 2 | 7 |
2023 | 4 | 3 | 7 |
2022 | 2 | 7 | 9 |
2021 | 4 | 5 | 9 |
2020 | 5 | 4 | 9 |
2019 | 4 | 2 | 6 |
2018 | 3 | 2 | 5 |
2017 | 4 | 1 | 5 |
ETF Partners' Investments by Stage
ETF Partners is primarily an Early Stage Investor investor majorly investing in Series A (30) rounds where average round size is $268M, Series B (17) rounds where average round size is $434M and Series C (7) rounds where average round size is $201M.Stage of entry | No. of Investments |
|---|---|
Series A | 30 |
Series B | 17 |
Series C | 7 |
Seed | 1 |
Series D | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
ETF Partners' Investments by Sector
ETF Partners has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Environment Tech, Sustainability Tech and Consumer. Notably, it has invested in 50 Tech companies, 45 Enterprise (B2B) companies, 31 Software companies and at least 19 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 28 |
High Tech | 18 |
Environment Tech | 15 |
Sustainability Tech | 15 |
Consumer | 14 |
Others | 92 |
Note: We have considered here, only first round of investments
ETF Partners' Investments by Geography
ETF Partners has made most investments in United Kingdom (16), followed by France where it has made 10 investments.Country | No. of Investments |
|---|---|
United Kingdom | 16 |
France | 10 |
Germany | 7 |
Netherlands | 3 |
Norway | 3 |
Others | 17 |
Note: We have considered here, only first round of investments
ETF Partners' recent investments
ETF Partners has made 3 investments in 2026 so far. Amber and Open Cosmos are the latest among them.Here are the most recent investments by ETF Partners:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 21, 2026 | Australia | Series E | 8059 | [+2] | |
Sep 14, 2026 | United Kingdom | Series C | 8984 | [+9] | |
May 05, 2026 | Netherlands | Series B | 6323 | [+5] | |
Dec 03, 2025 | United Kingdom | Series B | 4459 | [+1] | |
Jul 02, 2025 | Netherlands | Series C | 3537 | [+3] |
Unicorns in ETF Partners' Portfolio
ETF Partners has 1 unicorn in its portfolio - Open Cosmos. The most recent unicorn in their portfolio is Open Cosmos which became a unicorn in 2026, 3 years after ETF Partners first invested in it.Here is a list of unicorns in ETF Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Operator of space missions providing satellite data and earth observation | 2015 | Harwell | Series C | uwcaeap |
IPOs and Publicly Listed companies in ETF Partners' Portfolio
1 of ETF Partners' portfolio company became public - MEMSCAP. It got listed on the Euronext Exchange (Euronext), in Mar 2001.Here are ETF Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 09, 2001 | Sep 05, 2000 | Series A | 8244 |
Acquired companies in ETF Partners' Portfolio
12 companies from ETF Partners' portfolio have been acquired. The most recent acquisition was Normative in Sep 2026 by Greenly for $*****.Here are ETF Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 11, 2026 | Oct 06, 2021 | Series A | 8937 | |
Mar 06, 2025 | Nov 22, 2018 | Series C | 3460 | |
Aug 14, 2023 | Nov 07, 2016 | Series A | 7052 | |
Jul 18, 2023 | Apr 27, 2020 | Series A | 9591 | |
Jul 12, 2022 | Jan 18, 2017 | Series A | 2240 |
Team profile of ETF Partners
ETF Partners has a team of 20 members including 11 Partners, 2 Venture Partners and 2 Principals located in United Kingdom, Finland and 3 more locations. ETF Partners' team does not sit on the board of any company as of now.Here is a list of top team members in ETF Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | London | - | - | |
Partner | London | - | - | |
Partner | London | - | - | |
Partner | London | - | ||
Partner | London | - | - | |
Partner | London | - | - | |
Partner | Paris | - | - | |
Partner | London | - | - | |
Partner | United Kingdom | - | - | |
Partner | Tokyo | - | - |
Co-investors of ETF Partners
Over the past 26 years, 352 investors have co-invested in ETF Partners's portfolio companies. This includes funds and angels.
- Invested before ETF Partners: Europa, EIC Fund and 162 others have invested in rounds before ETF Partners. There are 6 companies where Europa has invested before ETF Partners and 3 companies where EIC Fund has invested before ETF Partners.
- Top Co-investors of ETF Partners: 82 investors entered a company along with ETF Partners. These include investors like Bpifrance (2 companies).
- Invested after ETF Partners: A total of 106 investors have invested in ETF Partners's portfolio after their investments. Top Investors include Europa (7 companies), European Investment Bank (3 companies) and Lightrock (2 companies).
Recent News related to ETF Partners
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Open Cosmos Raises €300 Million for Satellite Production and Space Data Services ExpansionTrending Topics•Sep 14, 2026•Open Cosmos, Lightrock, Claret Capital Partners, Nssif and 3 others
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QuantWare Raises $178M in Series B Funding with In-Q-Tel Joining as InvestorTrending Topics•May 05, 2026•QuantWare, Intel Capital, QDNL Participations, Graduate Ventures and 5 others
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UK's Modo Energy Secures £25M from Molten Ventures for Battery and Renewable ValuationsTech Funding News•Dec 03, 2025•Modo Energy, Molten Ventures, Fred. Olsen, MMC Ventures and 2 others
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Look Up raises 50 million euros to deploy its radarsFrenchWeb•Jun 16, 2025•ETF Partners, K Fund, MIG Capital, Karista and 2 others
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French SpaceTech Look Up secures €50M to address space collisions using radar technology.EU-Startups•Jun 13, 2025•ICANN, ETF Partners, K Fund, MIG Capital and 2 others
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Dutch investor Rubio Impact Ventures backs Amber in €25.6M fundingSilicon Canals•Jun 05, 2025•Amber, ETF Partners, Rubio impact Ventures
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Amber Secures $45M Funding for Global Expansion of Battery Automation TechAustralian Manufacturing Forum•Jun 04, 2025•AmberStudent, ETF Partners, Square Peg Ventures, Gentrack and 2 others
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Fairly Made raises 15 million eurosFashion Network•Apr 03, 2025•Fairly Made, GET, ETF Partners, FrenchFounders and 3 others
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UK-based Nodes & Links secures €11.4M to bring AI-powered automation to the construction industrySilicon Canals•Feb 18, 2025•Nodes & Links, ETF Partners, SFC Energy, Uncorrelated Ventures and 3 others
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Beams secures $9M Series A to digitize UK home renovation marketTechCrunch+•Jan 10, 2025•Beams, ETF Partners