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Newsletter

April Newsletter

New Investments
Sprive

Ascension led a £5m round in Sprive, a platform empowering homeowners to overpay their mortgages with cashback rewards, reduce interest costs, and save thousands over the life of their loans.
To find out more about why we invested, read Jean Ascension’s Managing Partners post here.

Capably
AI adoption doesn’t have to be complicated — and Capably just raised $4m to prove it.
Capably is an AI management platform that empowers businesses to seamlessly integrate AI into their operations. Capably helps companies automate tasks and optimise workflows.

Ascension and Portfolio Companies Featured by Sifted
We’ve been named #11 on Sifted‘s Top 50 Best Performing Investors across the UK & Ireland, alongside a strong group of peers. Even better, four of our portfolio companies (Switchee, Wagestream, Tembo and Zen Educate) have been recognised on Sifted’s list of the fastest growing startups.

Ascension Tax Efficient Funds
We’re delighted to share that on 3rd April, we celebrated the successful close of our third Knowledge Intensive EIS Fund and our tenth SEIS Fund. As always, our evergreen EIS Fund remains open. Rated 87 by the Tax Efficient Review, surpassed by only three other funds – if you’re interested, please get in touch.

Ascension Syndicate Event: Deep Tech
The Ascension Syndicate is hosting an event on 5th June, featuring five outstanding Deep Tech businesses pitching to a room of Angels and Family Offices.
The presenting companies range from pre-Seed to Series A and are tackling some of the world’s biggest challenges. Each pitch will be followed by an interactive Q&A session, with the evening concluding over drinks and networking.
Register here if you’re an interested angel investor.

Women in Tech: How to Create a Top-Tier VC Pitch Deck
Taylor Wessing recently hosted a session on how to build outstanding pitch decks, led by Jessica Murphy from Pharus (Ascension Venture Partner) and Freya Wordsworth, Associate at Ascension. The session covered the key skills needed to craft an exceptional pitch deck and offered valuable insights to help attendees strengthen their fundraising efforts.

Crowdfunding Opportunities for Ascension Portfolio Companies
We’re excited to share opportunities for the wider Ascension community to invest in some of our most promising portfolio companies.
Lick
As Lick celebrates its five-year anniversary, the company is opening its latest fundraising round to the public. You can read more about it in Lucas London’s post here.


Honest Mobile
Honest Mobile is the network that’s redefining mobile, read here to find out more about their campaign.

More Portfolio News

  • Fin Mile has been named a ‘Soonicorn’ by Seedlegals
  • Three Ascension founders have been featured on Forbes 30 under 30— see if you can spot them
  • Jarvis was recently featured in Startups Magazine
  • Goodstack has launched its All-in-One Impact Suite
  • Boost is hiring a senior Backend Engineer

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