Scaleup programmes
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Eight Roads [2023]
Finance and Risk Capital
Impact for scaleups
20
UK companies backed
35%
Follow-on investments
15%
Investments outside of London
18
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 20 UK companies since 2016 with the great majority being into London-based companies. Scaleups in which it has invested include logistics AI company Raft and remote surgical technology company Proximie.
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.
