Check Warner and Matt Penneycard founded Ada Ventures on the belief that great founders can come from anywhere. The team supports diverse founders solving the world's biggest challenges with technology. Ada Venures invests in UK companies with global ambitions.
The mission of Ada Ventures is to find and fund extraordinary talent building breakthrough ideas for the hardest problems faced by humankind.
Ada Ventures invests across climate, economic empowerment and healthcare & ageing. The fund is a pre-Series A investor with a first cheque of typically £250-£500K (Growth phase) and the potential to follow on as the business achieves scale.
Ada Ventures focuses on diverse founders and is open and transparent, welcoming direct approaches via the website. Their first fund launched in 2020 and has now closed, with a portfolio of 28 companies.
Ada Ventures 2 launched in October 2022 and is backed by leading investors including the British Business Bank, Atomico and Molten Ventures. Over half of the founders backed by Ada Ventures are women and 32% are from a non-white background.
Get in touch
There is an open application process for founders. If you are not yet ready for this, the best way to get in touch is via @adaventures on Twitter.