What Smedvig Ventures does

Smedvig Ventures Limited is a London-based venture capital firm investing in European B2B technology companies. The firm deploys tickets of €4-8 million per company in rounds up to €20 million, targeting portfolio companies with at least €750,000 in ARR, and positions itself as a partner for founders navigating the Series A-to-B transition. Smedvig Ventures Limited (FRN: 1006937) is an appointed representative of Smedvig Capital Limited (185901), which is authorised and regulated by the UK Financial Conduct Authority, providing the regulatory framework required to manage external capital.

The firm's portfolio is geographically and vertically diversified across Europe. Recent and active investments include Glint Solar (Norway, $8m Series A, solar site-feasibility SaaS), MarketLeap (Luxembourg, $8m Series A, AI-driven D2C ecommerce), chatlyn (Austria, €8m Series A, AI hotel communications), Understory (Denmark, €12m Series A, AI experience-economy platform), roclub (Germany, $11.7m Series A, medtech teleoperation), Druid AI (Romania, $31m Series C participation, enterprise AI agents), Embankment (Denmark, €15m and $17.4m co-led Series A rounds, fintech for alternative investment funds), and Tequipy (Poland-UK, €3.06m, IT device logistics). The firm frequently co-invests with peers including BlackFin Capital Partners, YZR Capital, Cipio Partners, Antler, Futurum Ventures, Momentum, Unfold.vc, and Manta Ray.

Commercially, Smedvig Ventures operates as a traditional VC: revenue derives from management fees on committed capital and carried interest on successful exits, with deal flow generated through founder networks, referrals, and direct outreach. Distribution is reinforced through a website (smedvig.vc), newsletter signup, and published playbooks targeting scaling-stage founders. The firm operates with a small team of 1-10 employees led by two managing directors, a CFO, a principal, an associate, and a head of marketing and founder network, and has been investing in B2B technology for 25 years.

Name

Smedvig Ventures

Legal name

Smedvig Ventures Limited

Website

https://smedvig.vc

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

Smedvig Ventures is a London-based European B2B tech venture capital firm deploying €4-8m tickets in rounds up to €20m into companies with at least €750k ARR, helping founders navigate the Series A-to-B transition across multiple European geographies and verticals.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Management Fees and Carried Interest: Smedvig Ventures generates returns through traditional VC revenue mechanisms including management fees on committed capital and carried interest (carry) on successful fund exits. As an FCA-regulated firm (FRN: 1006937), they operate as an appointed representative of Smedvig Capital Limited.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Smedvig Ventures is a European venture capital firm that invests growth capital in B2B technology companies. It provides investment tickets of €4-8 million and participates in funding rounds up to €20 million, targeting companies with at least €750k in ARR. The firm specialises in supporting founders through the Series A to B growth gap and complements capital with strategic portfolio support.

Product overview

Smedvig Ventures is a European B2B tech venture capital firm. Based on the source data, the firm provides investment services to B2B technology companies with tickets of €4-8 million, rounds up to €20 million, and target companies with ARR of €750k+. The firm is authorized and regulated by the Financial Conduct Authority (FRN: 1006937) as an appointed representative of Smedvig Capital Limited. Smedvig Ventures offers portfolio companies access to playbooks (insights on scaling from Series A to B and beyond), and operates from offices in London, UK.

Differentiator

Problem solved

Functional benefit

Products and services

• Series A Growth Capital Investment Growth-stage venture capital investment of €4-8m per company, typically as a lead or co-lead investor in Series A and Series B funding rounds up to €20m, for European B2B technology companies with at least €750k in ARR.
• Series B Growth Capital Investment Continued growth capital investment as portfolio companies transition from Series A through Series B and beyond, with the same €4-8m ticket range and rounds up to €20m, targeted at European B2B technology businesses.
• Portfolio Strategic Support Strategic guidance and operational support provided to portfolio companies alongside capital deployment, leveraging 25 years of European B2B tech investing experience to help founders navigate scaling challenges from Series A through B and beyond.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• MMC Ventures: London-based early-stage B2B tech investor writing cheques in a similar range to Smedvig, with a comparable thesis around European SaaS and enterprise software. Directly competes for the same founder pool.
• Hoxton Ventures: London-based early-stage VC investing across Europe with similar cheque sizes, focused on tech-enabled businesses. Already a co-investor with Smedvig on deals like Druid AI.
• Notion Capital: London-based venture capital firm investing in B2B SaaS and enterprise tech across Europe, with similar ticket sizes and Series A-B focus. Direct competitor for B2B founder relationships in the UK.
• Speedinvest: Vienna-based European early-growth VC with sector-focused funds (fintech, SaaS, climate). Comparable stage and ticket size to Smedvig, especially relevant given their shared Series A focus and European footprint.
• Acton Capital: Munich-based growth-stage investor focused on B2B SaaS and marketplaces across Europe. Similar Series A-B stage focus and ticket sizes to Smedvig Ventures.
• HV Capital: Munich-based early-growth investor focused on European tech companies, with comparable Series A focus and ticket sizes. Direct competitor for German and broader European B2B founders.

Broad incumbents

• Octopus Ventures: One of the UK's largest VCs, investing across B2B and consumer at Series A and beyond. Overlaps with Smedvig on European B2B tech but at significantly larger scale and broader sector mandate.
• Atomico: London-based pan-European tech VC founded by Skype's Niklas Zennström. Much larger fund and broader stage mandate, but competes for the same Series A European B2B tech deals.
• Index Ventures: Major European/US tech VC investing across stages. While typically larger cheques, Index competes with Smedvig at Series A for category-leading B2B founders across Europe.
• Earlybird: Berlin-based European tech VC with a long history and similar B2B/enterprise focus. Operates at larger scale and broader stage range, but targets overlapping founder and deal universe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/smedvig-ventures

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments83 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Smedvig Ventures