Ada Ventures, a venture capital firm based in Bristol, UK, and London, UK, that supports innovative ideas, closed a second fund at GBP63M to support a broad group of early-stage entrepreneurs.
The British Business Bank, the University of Edinburgh, Big Society Capital, Legal & General Capital, Atomico, the Export and Investment Fund of Denmark (EIFO), and Molten Ventures were among the institutional investors who supported Fund II.
Several founder investors have joined them, including Ilkka Paananen, co-founder and CEO of Supercell, and Taavet Hinrikus, founder of Wise and Illusian, a family office.
About Ada Venture:
Check and Matt founded Ada Ventures on the belief that great founders can come from anywhere. They are supported by Xun and Diarra as part of a senior leadership team. Check started her career in marketing before pivoting to venture. She loves customer-centric companies that build communities and focus on the user.They are Provider of an online platform for equities-based investment programs. The company caters to the financial sector and offers global investment management services for individual and institutional investors.
