About Mustard Seed + Partners
Mustard Seed + Partners is a venture capital firm founded in 2013. It is primarily based out of London, United Kingdom. As of Jun 2026, Mustard Seed + Partners is an active investor, having invested in 8 companies, with 1 new investment 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 High Tech to Enterprise Applications and FinTech. Most recently it participated in the $***** Series C round of Maritime Robotics Overall, Mustard Seed + Partners portfolio has seen 1 unicorn, namely Rapido. A lot of funds co-invest with Mustard Seed + Partners, with names like Vikramaditya Jain sharing a substantial percentage of its portfolio. Mustard Seed + Partners has team of 15 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Unicorns
Deals in last 12 months
Mustard Seed + Partners' List of Top Investments
Mustard Seed + Partners has a portfolio of 8 companies, one of which is a Unicorn. Their most notable investments are in Switchee and Rapido.Their portfolio spans across United Kingdom, India and Norway. They have invested in High Tech, Enterprise Applications, FinTech and 15 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Mustard Seed + Partners:
1. Rapido
Provider of an intra-city bike taxi ride-hailing service offering affordable, quick, and comfortable rides. The platform connects passengers with vehicle operators through a mobile app for intra‑city transport. It supports bike taxi rides, auto rickshaw bookings and cab service requests with real‑time tracking, fare estimation and cashless payment options. It operates across many cities with a network of driver partners.
Key facts about Rapido
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $798M
- Employee Count: 817 as on Mar 31, 2026
- Investors: Accel, WestBridge Capital and 94 Others
- Latest Funding Round: Series F, May 15, 2026, $*****
- Highlight: Editors' Pick
2. Winnow
Food waste tracking and management solutions provider. The platform provides smart waste metering technology enabling users to monitor the food waste. The data is collected and recorded in the software to provide real-time insights into the type and quantity of food waste. It provides a touchscreen display system for chefs to record information regarding the type and the stage at which the food is thrown. The system analyses the recorded data to generate reports on a daily basis to track the performance.
Key facts about Winnow
Provider of smartphone-based skin cancer detection. The company has developed is a cloud-based solution that helps in the early detection of skin cancer by analyzing any change in the size or shape of a mole. It consists of a mobile camera attachment which takes clinical-quality images and processes them using image algorithms for diagnosis. Skin Analytics warns the user of any changes detected and produce a report that can be shared with an appropriate medical professional.
Key facts about Skin Analytics
- Founded Year: 2012
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $32.6M
- Employee Count: 122 as on May 31, 2026
- Investors: Intrepid Growth Partners, Wavemaker 360 and 258 Others
- Latest Funding Round: Series B, Apr 16, 2025, $*****
- Highlight: Editors' Pick
Developer of autonomous navigation systems and uncrewed surface vessel platforms. The company’s systems enhance the capabilities of both uncrewed and crewed surface vessels. These vessels are designed around an autonomous navigation system. The platforms are versatile and multi-functional sensor platforms tailored for maritime operations.
Key facts about Maritime Robotics
- Founded Year: 2005
- Location: Trondheim (Norway)
- Stage: Series C
- Total Funding till date: $44.3M
- Employee Count: 93 as on Feb 12, 2025
- Investors: Nysno, Holta Invest and 6 Others
- Latest Funding Round: Series C, Jun 12, 2026, $*****
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5. Mintago
Mintago is an employer enabled savings and investment management platform. It provides tools to guide, educate, recommend savings and financial plans to employees. Assists in setting funds aside from salaries & wages for savings. Offers end-to-end support to employers in dealing with financial stress.
Key facts about Mintago
- Founded Year: 2019
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $6.73M
- Employee Count: 52 as on May 31, 2026
- Investors: Redbus Group, TrueSight Ventures and 12 Others
- Latest Funding Round: Series A, Sep 25, 2023, $*****
Mustard Seed + Partners' Year-on-Year Investment Trends
Mustard Seed + Partners has invested in 8 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. As of Jun 2026, it has made 1 investment in this year. Its most recent first time investment was in Maritime Robotics.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 1 | 0 | 1 |
2019 | 0 | 0 | 0 |
2018 | 0 | 0 | 0 |
2017 | 2 | 0 | 2 |
Mustard Seed + Partners' Investments by Stage
Mustard Seed + Partners has made 2 investments in Seed stage with an average round size of $1.92M, 1 investment in Series A stage with an average round size of $5.28M, 1 investment in Series B stage with an average round size of $7.4M and 1 investment in Series C stage with an average round size of $32.3M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series A | 1 |
Series B | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Mustard Seed + Partners' Investments by Sector
Mustard Seed + Partners has a diverse portfolio, with companies operating in the Artificial Intelligence - Industry Applications, Environment Tech, Sustainability Tech, Aerospace, Maritime and Defense Tech and Auto Tech. Notably, it has invested in 8 Tech companies, 7 Enterprise (B2B) companies, 6 Software companies and at least 4 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Artificial Intelligence - Industry Applications | 2 |
Environment Tech | 2 |
Sustainability Tech | 2 |
Aerospace, Maritime and Defense Tech | 1 |
Auto Tech | 1 |
Others | 12 |
Note: We have considered here, only first round of investments
Mustard Seed + Partners' Investments by Geography
Mustard Seed + Partners has made most investments in United Kingdom (3), followed by India where it has made 1 investment.Country | No. of Investments |
|---|---|
United Kingdom | 3 |
India | 1 |
Norway | 1 |
Note: We have considered here, only first round of investments
Mustard Seed + Partners' recent investments
Mustard Seed + Partners has made 1 investments in 2026 so far - Maritime Robotics.Here are the most recent investments by Mustard Seed + Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 12, 2026 | Norway | Series C | 5880 | [+2] | |
Sep 08, 2020 | United Kingdom | Series A | 9089 | [+2] | |
Apr 14, 2017 | India | Seed | 5755 | [+10] | |
Apr 04, 2017 | United Kingdom | Series B | 7085 | [+1] | |
Oct 03, 2016 | United Kingdom | Seed | 3918 | [+3] |
Unicorns in Mustard Seed + Partners' Portfolio
Mustard Seed + Partners has 1 unicorn in its portfolio - Rapido. The most recent unicorn in their portfolio is Rapido which became a unicorn in 2024, 7 years after Mustard Seed + Partners first invested in it.Here is a list of unicorns in Mustard Seed + Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
83 | Provider of an intra-city bike taxi ride-hailing service offering affordable, quick, and comfortable rides | 2015 | Bengaluru | Series F | innskav |
Team profile of Mustard Seed + Partners
Mustard Seed + Partners has a team of 15 members including 3 Partners, 1 Venture Partner and 5 Principals located in United Kingdom and Portugal. Mustard Seed + Partners' team does not sit on the board of any company as of now.Here is a list of top team members in Mustard Seed + Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | United Kingdom | |||
Partner | Portugal | - | ||
Venture Partner | United Kingdom | - | - | |
Principal | Lisboa | - | ||
Principal | United Kingdom | - | ||
Principal | Lisboa | - | - | |
Principal | Truro | - | - | |
Principal | United Kingdom | - |
Co-investors of Mustard Seed + Partners
Over the past 10 years, 112 investors have co-invested in Mustard Seed + Partners's portfolio companies. This includes funds and angels.
- Invested before Mustard Seed + Partners: Astarc Ventures, AdvantEdge and 30 others have invested in rounds before Mustard Seed + Partners. There is 1 company where Astarc Ventures has invested before Mustard Seed + Partners and 1 company where AdvantEdge has invested before Mustard Seed + Partners.
- Top Co-investors of Mustard Seed + Partners: 16 investors entered a company along with Mustard Seed + Partners. These include investors like Vikramaditya Jain (1 company).
- Invested after Mustard Seed + Partners: A total of 64 investors have invested in Mustard Seed + Partners's portfolio after their investments. Top Investors include WestBridge Capital (1 company), Nexus Venture Partners (1 company) and Invus (1 company).
Recent News related to Mustard Seed + Partners
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Maritime Robotics Raises €28M in Funding to Expand its Autonomous Sea Drone SystemsI Insider•Jun 18, 2026•Maritime Robotics, Mustard Seed + Partners, Envision, Nysno and 1 other
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tiney Raises £7.2M in Series A FundingFinSMEs•May 13, 2024•tiney, Mustard Seed + Partners, Portfolion, Sparkmind.vc and 3 others
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WNWN Food Labs Closes $5.6M Series A Funding RoundFinSMEs•Feb 28, 2023•WNWN Food Labs, PeakBridge, Geschwister Oetker, MSM and 7 others
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German startup tl;dv raises €4.3 million to help keep employees in the loopEU-Startups•Jun 16, 2022•tl;dv, K Fund, Seedcamp, Mustard Seed + Partners and 1 other
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Online Language Learning Platform ChatterBox Raises €1.7M To Expand Its Services for Refugees & Marginalised GroupsEdTechReview•Mar 15, 2022•Chatterbox, Notonthehighstreet, Goldman Sachs, Mustard Seed + Partners and 11 others
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Food distribution platform Collectiv Food raises £12 millionTech.eu•Jul 20, 2021•Collectiv Food, Vostok New Ventures, VisVires New Protein, Octopus Ventures and 6 others
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Skin Analytics raises £4M Series A to use AI for skin cancer screeningTechCrunch+•Sep 08, 2020•Skin Analytics, Hoxton Ventures, Mustard Seed + Partners, Nesta and 2 others
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Lisbon-based Kitch seals €1 million to build delivery-first virtual kitchensEU-Startups•May 20, 2020•Kitch, Seedcamp, Mustard Seed + Partners, Keys Reim and 1 other
