HomeUKHakluyt Capital Closes First Fund

Hakluyt Capital Closes First Fund

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Hakluyt Capital, the London, UK-based investment arm of Hakluyt – the global strategic advisory firm for businesses and investors – has announced the final close of its first investment fund, exceeding its target raise of $50M.

Hakluyt Capital invests in some of the world’s most promising growth-stage companies, always alongside one of the top-tier venture and growth funds. Through access to Hakluyt’s network, the fund enables companies to navigate regulatory challenges, reach decision-makers at potential customers, build relationships with senior advisers and contacts who can facilitate the next stage of their growth, and explore possible exits to strategic buyers.

The fund, led by co-founders Varun Chandra, Jamie Potts and Nick Bidmead, has made eight investments to date, including:

  • Zipline, a provider of an autonomous delivery system, specialising in on-demand drone delivery and instant logistics
  • Viz.ai, a provider of an AI-powered care coordination solution that aims to accelerate the diagnosis and treatment of serious illnesses
  • Tally, a provider of an application that works to eliminate credit card debt by helping customers manage repayments and save money
  • Rippling, a provider of an cloud-based centralised HR software platform that streamlines the management of employees’ data and activity
  • Calypso AI, a security company empowering international organisations to leverage generative AI and large language models (LLMs) safely
  • Interos, a software company that works to map, monitor and pre-empt emerging and systemic risks hidden in manufacturing and cyber supply chains
  • Alethea, a provider of an AI-powered platform that helps companies protect themselves from disinformation and social media manipulation

VCWire

06/06/2024