Founded in 2000, MMC targets an initial investment of £1-5m and can support further growth of “knowledge intensive companies” with up to £20m. Its £100m Scale-Up Fund provides expansion capital to portfolio companies once they have grown beyond the limits of EIS investment, and can also participate in secondary transactions, offering liquidity to early MMC and third-party investors. 

MMC has a strong track record in supporting scaleups. The firm manages funds for private individuals and institutions and has approximately $1bn under management. It backs “transformative” technology companies, investing approximately £30m per annum in new investments and follow-on capital. It was the first commercial venture capital firm in the UK to qualify as a B Corp.

Since January 2018 to June 2025, MMC Ventures has participated in 94 fundraisings in 54 companies. The average turnover of these companies where £39.8m with an average employee count of 87.

MMC Ventures has been active in 2025 by investing in companies such as Nexcade AI which develops agentic AI, wherein they participated in a funding round worth £1.93m and Cloudsmith, a firm that develops pipeline management software for developers, wherein they participated in a funding round worth £18.1m

MMC Ventures have also invested in scaleups like Apexx, a payment service platform and YuLife, an online life insurance provider.

Portfolio companies benefit from a peer learning network programme, where companies are paired with a relevant counterpart to meet/zoom for one hour each month for six months – and there is also the flexibility to tailor the relationship to suit their individual needs.

MMC also assists investee companies in areas including international expansion, senior hiring, access to potential clients, corporate governance, fundraising, bank finance and exit. Its research team works closely with investee company founders to help businesses grow. Themed events are hosted regularly and podcasts and videos are available on their website.

MMC Ventures has had a busy 2025, marked by continued investment in its core sectors and the publication of key industry research. The firm completed several new investments early in the year, including funding rounds for Prosper (wealth management), Blackwall (network management software), and AbEx Capital (algorithmic trading for digital assets). In March 2025, the remaining portfolio of its EIS Fund was valued at £500.8 million, reflecting 75 companies invested since 2010. A key focus remains on the AI sector, as demonstrated by the publication of their “State of Agentic AI: Founder’s edition” research in November 2025, which explores the dynamics and challenges of deploying AI agents in large enterprises. The firm also saw notable exits throughout the year, with companies like Atlas Metrics, MUBI, and Peak moving out of their portfolio.

MMC Ventures website