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Programme

Draper Esprit

Finance and Risk Capital

Impact for scaleups

29

Companies backed

40%

Follow-on investment

27%

Investment outside of London

24

Growth-stage investments

Key sectors

Building & Construction Creative, digital, film, games & media Defence & security Engineering / Advanced Engineering Environmental Science & Technology Farming, fisheries & forestry Finance Food & drink Healthcare Impact ventures / Social Impact Life Sciences & Biotech Manufacturing / Advanced Manufacturing Professional services Technology & Communications Transport & Logistics

Draper Esprit invests in seed, venture and growth-stage companies based in Europe. The average size of its investments into UK companies since 2012 is £14.8m.

The firm makes between ten to 20 new investments annually, including follow-on. Its investment approach is ‘incremental’, investing small amounts early while reserving more capital for later stage rounds. Notable scaleups which it has supported include Graphcore, Xmos, Transferwise, IESO Digital Health, POD Point and Perkbox.

Founded in 2006, the fund invests throughout Europe, with offices in London, Dublin and Cambridge. It invests in four sectors: consumer technology, enterprise technology, hardware and electronics, and digital health and wellness. Its core vision is to take a long term view on any investment and provide the capital to enable firms to reach their full potential.

In 2018, the company signed a strategic partnership with Earlybird Digital West to share resources, talent, and dealflow opportunities, particularly in the German speaking market. The firm’s network of partners in Asia, the US, and the Middle East helps its portfolio companies to internationalise with commercial connections and funding. Events and specific training for portfolio companies are also offered; these include trend spotting, panel discussions, and focused networking. Each year, the global Draper network hosts a CEO Day in Silicon Valley.

                       

Draper Esprit website