About Techstart Ventures
Techstart Ventures is a venture capital firm founded in 2014. It is primarily based out of Belfast, United Kingdom. As of Jun 2026, Techstart Ventures is an active investor, having invested in 119 companies, with 3 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 HealthTech. Most recently it participated in the $***** Seed round of Saltroad Overall, Techstart Ventures portfolio has seen 1 IPO and 13 acquisitions including key companies like Cloudsmith, Loveelectric and Parsley Box. A lot of funds co-invest with Techstart Ventures, with names like Clarendon Fund Managers sharing a substantial percentage of its portfolio. Techstart Ventures has team of 8 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Acquisitions
Techstart Ventures' List of Top Investments
Techstart Ventures has a portfolio of 119 companies. Their most notable investments are in Hurree and HeySummit.Their portfolio spans across United Kingdom, United States and Libya. They have invested in Enterprise Applications, High Tech, HealthTech and 30 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Techstart Ventures:1. Cloudsmith
Cloud-native package management and artifact repository platform. They helps teams securely store, manage, and distribute software packages across their development pipelines. It provides a platform to create, test, and deploy stacks of software assets locally or in the cloud. It provides software artifact management and software supply chain security solution to streamline the software delivery process. It allows users to track and monitor the asset usage in real time.
Key facts about Cloudsmith
- Founded Year: 2016
- Location: Belfast (United Kingdom)
- Stage: Acquired
- Total Funding till date: $133M
- Employee Count: 172 as on Sep 30, 2026
- Investors: TCV, MMC Ventures and 15 Others
- Latest Funding Round: Series C, Apr 14, 2026, $*****
- Highlight: Acquired
2. Axial3D
Developer of AI-powered 3D medical imaging solutions. The tools help medical device companies and hospitals streamline surgical planning, device development, and personalized care by automating segmentation and reducing manual effort.
Key facts about Axial3D
- Founded Year: 2014
- Location: Belfast (United Kingdom)
- Annual Revenue: £0 - £1M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $44.7M
- Employee Count: 68 as on Sep 30, 2026
- Investors: Stratasys, Nvidia and 35 Others
- Latest Funding Round: Series C, Dec 18, 2024, $*****
- Highlight: Editors' Pick
3. Raylo
Key facts about Raylo
- Founded Year: 2006
- Location: London (United Kingdom)
- Stage: Series C
- Total Funding till date: $45.3M
- Employee Count: 144 as on Sep 30, 2026
- Investors: Octopus Ventures, Citi and 16 Others
- Latest Funding Round: Series C, Jan 27, 2026, $*****
4. Neurovalens
Developer of non-invasive neurostimulation products. The company is developing an electronic headset which include Stimu Slim, a small headset-like medical device that targets an area of the brain known to suppress appetite and induces a metabolic shift within the nervous system.
Key facts about Neurovalens
- Founded Year: 2013
- Location: Belfast (United Kingdom)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $26.1M
- Employee Count: 34 as on Sep 30, 2026
- Investors: IQ Capital, ACF Investors and 57 Others
- Latest Funding Round: Series A, Aug 19, 2025, $*****
- Highlight: Editors' Pick
Provider of AI-powered solutions for wastewater network monitoring and optimisation. The company offers tools for inflow and infiltration detection, blockage detection, and pump station alerting. Solutions also include rising main alerting and spill verification. The company's platform provides real-time intelligence to maximise network efficiency and prevent pollution. It supports compliance through advanced anomaly detection.
Key facts about Storm Harvester
- Founded Year: 2015
- Location: Belfast (United Kingdom)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $12.7M
- Employee Count: 126 as on Sep 30, 2026
- Investors: YFM Equity Partners, Eden Rock Capital Management and 72 Others
- Latest Funding Round: Series A, Jan 23, 2025, $*****
Techstart Ventures' Year-on-Year Investment Trends
Techstart Ventures has invested in 119 companies over the last 12 years, with an average of 8 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of Jun 2026, it has made 3 investments in this year. Its most recent first time investment was in Go Swag and most recent follow-on round was in Saltroad.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 1 | 3 |
2025 | 1 | 6 | 7 |
2024 | 4 | 4 | 8 |
2023 | 3 | 3 | 6 |
2022 | 8 | 5 | 13 |
2021 | 12 | 5 | 17 |
2020 | 13 | 3 | 16 |
2019 | 15 | 4 | 19 |
2018 | 7 | 1 | 8 |
2017 | 6 | 1 | 7 |
Techstart Ventures' Investments by Stage
Techstart Ventures has made 70 investments in Seed stage with an average round size of $1.46M, 7 investments in Series A stage with an average round size of $5.43M, 2 investments in Grant (prize money) stage with an average round size of $98.9K and 1 investment in Series B stage with an average round size of $7.05M.Stage of entry | No. of Investments |
|---|---|
Seed | 70 |
Series A | 7 |
Grant (prize money) | 2 |
Series B | 1 |
Note: We have considered here, only first round of investments
Techstart Ventures' Investments by Sector
Techstart Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, HealthTech and Vertical SaaS. Notably, it has invested in 104 Tech companies, 83 Enterprise (B2B) companies, 69 Software companies and at least 34 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 46 |
Consumer | 16 |
High Tech | 14 |
HealthTech | 10 |
Vertical SaaS | 9 |
Others | 80 |
Note: We have considered here, only first round of investments
Techstart Ventures' Investments by Geography
Techstart Ventures has made most investments in United Kingdom (79), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
United Kingdom | 79 |
United States | 1 |
Note: We have considered here, only first round of investments
Techstart Ventures' recent investments
Techstart Ventures has made 3 investments in 2026 so far. Saltroad and Go Swag are the latest among them.Here are the most recent investments by Techstart Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 30, 2026 | United Kingdom | Seed | 7795 | [+1] | |
May 27, 2026 | United Kingdom | Series A | 6703 | ||
Jan 19, 2026 | United Kingdom | Series A | 7680 | [+1] | |
Nov 14, 2025 | United Kingdom | Seed | 3266 | [+1] | |
Aug 19, 2025 | United Kingdom | Series A | 2119 | [+3] |
IPOs and Publicly Listed companies in Techstart Ventures' Portfolio
1 of Techstart Ventures' portfolio company became public - Parsley Box. It got listed on the London Stock Exchange (LSE), in Mar 2021.Here are Techstart Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 31, 2021 | Jan 19, 2021 | Series B | 1047 |
Acquired companies in Techstart Ventures' Portfolio
13 companies from Techstart Ventures' portfolio have been acquired. The most recent acquisition was Loveelectric in Dec 2025 by Perkbox for $*****.Here are Techstart Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 11, 2025 | - | - | 8400 | |
Apr 08, 2024 | Sep 14, 2021 | Seed | 7185 | |
Feb 15, 2024 | - | - | 2259 | |
Jan 16, 2024 | - | - | 3023 | |
Mar 14, 2023 | Feb 08, 2019 | Seed | 7421 |
Team profile of Techstart Ventures
Techstart Ventures has a team of 8 members including 2 Partners and 4 Principals located in United Kingdom. Techstart Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Techstart Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Belfast | - | ||
Partner | Edinburgh | - | ||
Principal | United Kingdom | - | ||
Principal | - | - | ||
Principal | Belfast | - | ||
Principal | Edinburgh | - | - |
Co-investors of Techstart Ventures
Over the past 12 years, 252 investors have co-invested in Techstart Ventures's portfolio companies. This includes funds and angels.
- Invested before Techstart Ventures: Jenson Funding Partners, Rockfirst Capital and 21 others have invested in rounds before Techstart Ventures. There is 1 company where Jenson Funding Partners has invested before Techstart Ventures and 1 company where Rockfirst Capital has invested before Techstart Ventures.
- Top Co-investors of Techstart Ventures: 117 investors entered a company along with Techstart Ventures. These include investors like Clarendon Fund Managers (8 companies).
- Invested after Techstart Ventures: A total of 112 investors have invested in Techstart Ventures's portfolio after their investments. Top Investors include Clarendon Fund Managers (8 companies), Co-Fund NI (5 companies) and British Business Bank (3 companies).
Recent News related to Techstart Ventures
•
Go Swag Secures $5M To Scale Corporate Gifting PlatformStartup Rise EU•May 27, 2026•Mercia Ventures, Techstart Ventures
•
Farmdrive secures £1m pre-seed funding for European expansion.Silicon Republic•Nov 14, 2025•Farmdrive, Techstart Ventures, Angel Invest Ventures, Ascension Ventures
•
Optik Closes Oversubscribed Strategic Seed Round Led by Techstart Ventures, Appoints Martin Moran as Chairman
Sync NI•Aug 29, 2025•Techstart Ventures
•
LumenStream secures £1.2m investment to scale lighting as a serviceBELFAST NEWS LETTER LIMITED•Jul 08, 2025•LUMENSTREAM, Siemens, Clarendon Fund Managers, Techstart Ventures
•
Cloudsmith Raises $23M in Series B FundingFinSMEs•Mar 03, 2025•Cloudsmith, TCV, Insight Partners, Frontline Ventures and 4 others
•
Supply chain software firm Cloudsmith raises $23 millionFinextra•Mar 03, 2025•Cloudsmith, TCV, Insight Partners, Tapestry VC and 7 others
•
Cloudsmith raises €21.9 million to secure the future of software supply chainsEU-Startups•Mar 03, 2025•Cloudsmith, TCV, Insight Partners, Mitsubishi Materials and 6 others
•
Belfast’s Retinize secures £1.6m to ‘disrupt the animation space’Silicon Republic•Feb 25, 2025•RETìníZE, Qubis, Innovation Ulster, Sure Valley Ventures and 2 others
•
Axial3D Raises $18.2M to Scale AI-powered 3D Medical Imaging Technology3D Printing Industry•Jan 07, 2025•Axial3D, Techstart Ventures, Ulster University, Clarendon Fund Managers and 3 others
•
Belfast startup Loadar secures £3.1m investmentBusinessCloud•Dec 19, 2024•Frontline Ventures, Techstart Ventures, FreightFox
