Impact for scaleups
21
UK companies backed
36%
Follow-on investments
10%
Investments outside of London
21
Growth-stage investments
Key sectors
Eight Roads provides venture and growth-stage capital, investing in technology and healthcare companies that are in their scaleup phase.
With its origins stretching back to 1969 as Fidelity Ventures, the firm has its head office in London with other offices in Hong Kong, Beijing, Shanghai, Mumbai, Tokyo, Hamilton, Boston and Stockholm. Eight Roads invests in companies based in Europe, US, India, Japan and China.
It has backed 21 UK companies since 2015. Out of all these investments, nine in ten have been into London-based companies. Scaleups in which it has invested include fintech Duco and hotel management software company OTA Insight.
The firm says that it backs founders “with high conviction” and is selective about the number of investments it makes. Its principal investment team takes a patient capital approach which it says is appropriate for the long development times for healthcare companies, particularly in therapeutics. It offers guidance on a range of topics such as building sales teams, accessing new export markets through its online platform and also hosts international market events for portfolio companies.