A digital tree with circuit-board roots — symbolising founders growing from strong foundations
Portfolio

A concentrated portfolio of UK cyber founders.

Over the next 36 months, we are committed to backing up to 30 UK founders with our own capital. We invest at seed stage into B2B enterprise technology, cybersecurity and enterprise data. Every founder we back gets more than capital. They get direct access to a C-level network built over decades across the UK channel, and the hands-on market expertise to helping to turn early traction into commercial scale and win in UK enterprise.

Investment thesis

The categories shaping our next investments

Arx
Thesis
AI Security
Agentic AI Security
Non-Human Identity
Threat Intelligence
Exposure Management / CTEM
Human Risk & Behavioural Security
Data Security & DSPM
Security Operations Automation
Software Supply Chain Security
Security Intelligence
Operational Technology & Critical Infrastructure Security
Deepfake & Digital Identity Protection
Identity Threat Detection & Response
Post-Quantum Cryptography & Cryptographic Security
Autonomous Security Validation

Infrawatch

Infrawatch logo

Threat Intelligence Platform

Cybersecurity

Arco (Exited, 4X)

Arco (Exited, 4X) logo

Cybersecurity Aggregation Platform

Cybersecurity

Codewall AI

Codewall AI logo

AI Penetration Testing Platform

Cybersecurity / AI

LeoTrace

LeoTrace logo

Secure coding

Cybersecurity / AI

VoxAero

VoxAero logo

AI-powered radiotelephony

AI Tech
Ethos
“Built by operators. Backed by experience.”