ETCapital Overview

Founded in 1992, ET Capital Limited is an investor in high-growth technology businesses based in southern England. The firm has raised and managed a series of funds focused mainly on the globally significant cluster of science-based businesses around Cambridge, Oxford, and London. Its first two funds, now closed, were backed by HSBC and the European Investment Fund. Since 2004, ET Capital has managed the investments of Cambridge Research & Innovation Limited, an early-stage technology fund also investing in the Cambridge cluster. These investments included ADC Therapeutics SA, which floated on NYSE in May 2020 valued at $1.3B. In 2018, ET Capital launched UK China Enterprise in partnership with UK China Enterprise LLP, an early-stage venture fund focused on science-based businesses that have the potential to scale in China. Also in 2018, ET Capital took on the management of Carbon Order, a pair of funds investing in Carbon Engineering Limited, a Squamish BC start-up focused on capturing CO2 directly from the atmosphere for sequestration or recycling. Occidental Petroleum acquired Carbon Engineering in August 2023 for $1.1B in cash. ET Capital’s seventh and eighth funds, Carbon13 SEIS Fund I & II, are tied funds investing in businesses created by the Cambridge-based Carbon13 venture builder, intent on creating businesses to make a significant impact on the climate emergency.

Is ETCapital the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with ETCapital, along with a list of other relevant VCs, is available on Hopohopo.io.