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Backing founders at pre-seed and seed

We are a London-based VC, investing early-stage capital for ambitious founders, across the UK, Europe and North America.

Investors
Founders
Credit Kudos
Credit Kudos
Wagestream
Wagestream
Lick
Lick
Goodstack
Goodstack
Runa Network
Runa Network
Tembo
Tembo
Thursday
Thursday
MiAlgae
MiAlgae
Vidsy
Vidsy
Cudo Ventures
Cudo Ventures
Sprive
Sprive
Credit Kudos
Credit Kudos
Wagestream
Wagestream
Lick
Lick
Goodstack
Goodstack
Runa Network
Runa Network
Tembo
Tembo
Thursday
Thursday
MiAlgae
MiAlgae
Vidsy
Vidsy
Cudo Ventures
Cudo Ventures
Sprive
Sprive
Who are we?

Over the past decade, Ascension has supported founders building the next wave of innovation.

We invest through our generalist and institutional, thesis driven funds, into mission driven, outlier founders.

150+

Companies

15

Profitable exits

£158m

AuM

300+

Founders

Assets under management at 30 September 2026. Profitable exits counted firm-wide; an exit counts only above cost.

Ascension team
From seed to success

The founder journey

We back founders at day one and support them through every milestone.

Credit Kudos

Credit Kudos

Reinventing credit scoring with Open Banking

10x
Exit multiple, held by Fair By Design, our institutional fund
Founded by
Freddy Kelly &Matt Schofield
2019
Seed
Fair By Design, our institutional impact fund, invests in the seed round
2020
Series A
AlbionVC leads £5M round
2021
Scale
Powering major UK lenders
2022
Exit
Acquired by Apple
Seed:£2m (2019)
Apple