About Mercuri
Mercuri is a venture capital firm founded in 2017. It is primarily based out of London, United Kingdom. As of Sep 2026, Mercuri is an active investor, having invested in 54 companies, with 8 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 Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Series A round of Unit1 Studio Overall, Mercuri portfolio has seen 3 acquisitions, namely Hugging Face, Faculty AI and Human Native AI. A lot of funds co-invest with Mercuri, with names like LocalGlobe sharing a substantial percentage of its portfolio. Mercuri has team of 8 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Acquisitions
Deals in last 12 months
Mercuri's List of Top Investments
Mercuri has a portfolio of 54 companies. Their most notable investments are in A Million Ads and Kult.Their portfolio spans across United Kingdom, United States, France and 4 more locations. They have invested in Enterprise Applications, High Tech, Retail and 11 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Mercuri:
1. Hugging Face
Platform offering collaborative tools for sharing and deploying machine learning models. It provides a centralized hub where users can access a vast collection of pre-trained models and datasets across various domains. The platform supports the creation and hosting of interactive machine learning applications, enabling developers and researchers to showcase their work and facilitate community engagement.
Key facts about Hugging Face
2. Kickstarter
Cloud-based crowdfunding platform for creative projects. It allows users to fund projects in multiple sectors including art, dance, fashion, films, music, technology. It offers rewards and incentives to assist users in making investments.
Key facts about Kickstarter
- Founded Year: 2009
- Location: Brooklyn (United States)
- Stage: Series D
- Employee Count: 391 as on May 31, 2026
- Investors: Collab Fund, Kindred Ventures and 10 Others
- Latest Funding Round: Series D, Jan 12, 2022, $*****
- Highlight: Editors' Pick
3. Signal AI
Provider of software analyzing media data for risk management insights. The technology processes information from traditional and social media sources to identify potential threats and monitor reputational trends. The system utilizes generative and discriminative artificial intelligence to extract relevant information from large volumes of text. Users access these findings through a digital platform to track industry developments, regulatory changes, and corporate narratives. The tools facilitate the assessment of external events to support decision-making processes regarding business resilience and communication strategies.
Key facts about Signal AI
- Founded Year: 2013
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Mar 31, 2025
- Stage: Series E
- Total Funding till date: $268M
- Employee Count: 282 as on Aug 31, 2026
- Investors: Kreos Capital, Highland Europe and 33 Others
- Latest Funding Round: Series E, Sep 24, 2025, $*****
- Highlight: Editors' Pick
4. Kult
App-based platform offering personalized beauty care recommendations. The app helps users identify products that meet various skin and cosmetic needs by using data-driven suggestions and information. To make product recommendations based on user preferences and skin types, the app administers a quiz. The platform also provides information about product ingredients and their effects. The mobile app is available for iOS users.
Key facts about Kult
- Founded Year: 2019
- Location: Thane (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $24.8M
- Employee Count: 56 as on Apr 30, 2025
- Investors: Mercuri, Venture Catalysts and 4 Others
- Latest Funding Round: Series A, Mar 31, 2026, $*****
- Highlight: Editors' Pick
5. Pendulum
Key facts about Pendulum
- Founded Year: 2012
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $111M
- Employee Count: 113 as on May 31, 2026
- Investors: Meritech, AME Cloud Ventures and 13 Others
- Latest Funding Round: Series C, Jun 27, 2023, $*****
- Highlight: Editors' Pick
Mercuri's Year-on-Year Investment Trends
Mercuri has invested in 54 companies over the last 9 years, with an average of 5 new investments annually in the last 5 years. In 2025, it made 12 investments, while as of Sep 2026, it has made 6 investments in this year. Its most recent first time investment was in Kult and most recent follow-on round was in Unit1 Studio.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 2 | 6 |
2025 | 9 | 3 | 12 |
2024 | 7 | 3 | 10 |
2023 | 3 | 0 | 3 |
2022 | 2 | 3 | 5 |
2021 | 3 | 4 | 7 |
2020 | 1 | 5 | 6 |
2019 | 8 | 4 | 12 |
2018 | 5 | 2 | 7 |
2017 | 4 | 0 | 4 |
Mercuri's Investments by Stage
Mercuri has made 40 investments in Seed stage with an average round size of $3.6M, 4 investments in Series A stage with an average round size of $6.39M, 1 investment in Series B stage with an average round size of $16M and 1 investment in Series D stage.Stage of entry | No. of Investments |
|---|---|
Seed | 40 |
Series A | 4 |
Series B | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
Mercuri's Investments by Sector
Mercuri has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Business Services, Media & Entertainment and Consumer. Notably, it has invested in 43 Tech companies, 37 Enterprise (B2B) companies, 32 Software companies and at least 16 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 28 |
High Tech | 12 |
Business Services | 8 |
Media & Entertainment | 7 |
Consumer | 4 |
Others | 26 |
Note: We have considered here, only first round of investments
Mercuri's Investments by Geography
Mercuri has made most investments in United Kingdom (22), followed by United States where it has made 19 investments.Country | No. of Investments |
|---|---|
United Kingdom | 22 |
United States | 19 |
India | 1 |
Netherlands | 1 |
Poland | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Mercuri's recent investments
Mercuri has made 6 investments in 2026 so far. Unit1 Studio and Kult are the latest among them.Here are the most recent investments by Mercuri:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 21, 2026 | United Kingdom | Series A | 9286 | [+2] | |
Mar 31, 2026 | India | Series A | 3767 | - | |
Mar 31, 2026 | - | Seed | 3538 | - | |
Mar 10, 2026 | United Kingdom | Seed | 9538 | - | |
Feb 11, 2026 | United States | Seed | 3961 | [+3] |
Acquired companies in Mercuri's Portfolio
3 companies from Mercuri's portfolio have been acquired. The most recent acquisition was Hugging Face in Sep 2026 by Nvidia for $*****.Here are Mercuri's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 03, 2026 | - | - | 8490 | |
Jan 15, 2026 | May 22, 2024 | Seed | 8188 | |
Jan 06, 2026 | Oct 18, 2019 | Series A | 8897 |
Team profile of Mercuri
Mercuri has a team of 8 members including 4 Partners and 3 Venture Partners located in United Kingdom, Australia and 2 more locations. Mercuri's team does not sit on the board of any company as of now.Here is a list of all team members in Mercuri:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | United Kingdom | - | ||
Partner | United Kingdom | - | ||
Partner | - | - | - | |
Partner | London | - | ||
Venture Partner | Copenhagen | - | ||
Venture Partner | Sydney | - | ||
Venture Partner | United States | - |
Co-investors of Mercuri
Over the past 9 years, 204 investors have co-invested in Mercuri's portfolio companies. This includes funds and angels.
- Invested before Mercuri: New Renaissance, Founders Factory and 57 others have invested in rounds before Mercuri. There are 3 companies where New Renaissance has invested before Mercuri and 3 companies where Founders Factory has invested before Mercuri.
- Top Co-investors of Mercuri: 57 investors entered a company along with Mercuri. These include investors like LocalGlobe (3 companies).
- Invested after Mercuri: A total of 88 investors have invested in Mercuri's portfolio after their investments. Top Investors include Betaworks (3 companies), Craft Ventures (2 companies) and Firstminute Capital (2 companies).
Recent News related to Mercuri
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Unbox secures £1.2 million Seed Investment led by Mercuri
UK Tech Investment News•Oct 23, 2025•Mercuri, Love Ventures, Notion
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Human Native AI Raises £2.8M in Seed FundingFinSMEs•Jun 06, 2024•Human Native AI, LocalGlobe, Mercuri, Mercuri
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Developer tools startup secures more than Ittybit of fundingBusinessCloud•Jun 05, 2024•Ittybit, Sure Valley Ventures, Mercuri, Oxford Capital and 3 others
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Made With Intent secures £1.5M to target personalised e-commerce experiencesTech Funding News•May 02, 2024•Made With Intent, Portfolio Ventures, Mercuri, Haatch and 1 other
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UK's early-stage media tech VC GMG Ventures rebrands to Mercuri, closes £50M fundTechCrunch+•Jul 04, 2023•Mercuri, The Guardian, British Business Bank, Mercuri and 1 other
