Albion Capital
Albion Capital Group LLP is a London-based independent venture and growth investment manager founded in 1996 as Close Ventures, the venture-capital arm of Close Brothers Group. The firm became independent in 2009 through a management buyout and rebranded from Albion Ventures to Albion Capital in 2017. It is one of the United Kingdom's largest and longest-established managers of Venture Capital Trusts, the London-listed closed-end vehicles that give retail investors tax-advantaged exposure to early-stage and growth British companies. Albion invests in healthcare and digital health, business-to-business software and fintech, deep technology and climate technology, alongside asset-backed and renewable-energy holdings, with its technology investing carried out under the AlbionVC brand. The firm manages approximately GBP 1 billion in assets and is regulated by the UK Financial Conduct Authority under firm reference number 492536; in December 2024 it consolidated its six Venture Capital Trusts into three.
Albion Capital is a London venture capital firm with €1.2B AUM, 42 active companies and 15 exits.
- ·12 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 15 realized deals: 5 years.
- ·Best return: 10.0x MOIC on Process Systems Enterprise (2019).
- ·Fund cadence: ~6Y between vintages · last raise 2007.
Sector breakdown
57 companiesGeography breakdown
2 geographiesKey facts
Recent exits
Albion Capital sold Seldon to TrueFoundry in 2026 after 6 years.
Albion Capital sold Accelex to Carta in 2025 after 4 years.
Albion Capital sold Black Swan Data to Mintel in 2025 after 3 years.
Albion Capital sold Humanloop to Anthropic in 2025 after 3 years.
Coverage notes
2 funds tracked, 57 portfolio companies (42 active · 15 realized). Verified weekly from public filings and deal announcements.
Investment team
Senior partners. Hand-checked from public filings and the firm's own site.
Funds & portfolio
Every fund Albion Capital has raised, with its portfolio companies. Hand-checked from public filings.
Albion Enterprise VCTEvergreen2007€349M38 assets12 exitsEvergreen2007 · 19yr€349M3812
Unrealized
38 held| Company | Entry |
|---|---|
| 5Mins EdTech · UK | 2022 |
| Agio Ratings Fintech · UK | 2025 |
| Bound Fintech · UK | 2026 |
| Convertr Data & Analytics · UK | 2016 |
| Firenze Fintech · UK | 2026 |
| Flok Health HealthTech · UK | 2026 |
| Gaussion ClimateTech · UK | 2026 |
| geoSurge AI/ML · UK | 2026 |
| Gravitee DevTools · UK | 2021 |
| Gridcog Software · UK | 2024 |
| Healios HealthTech · UK | 2021 |
| Imandra AI/ML · UK | 2019 |
| Infact Fintech · UK | 2024 |
| Innerworks Cybersecurity · UK | 2025 |
| Ionate ClimateTech · UK | 2025 |
| kennek Fintech · UK | 2023 |
| Kohort SaaS · UK | 2023 |
| Koru Kids Education · UK | 2019 |
| Latent Technology AI/ML · UK | 2025 |
| Mondra ClimateTech · UK | 2025 |
| NuvoAir HealthTech · Sweden | 2021 |
| OpenDialog AI/ML · UK | 2024 |
| OpenTrade Fintech · UK | 2024 |
| OutThink Cybersecurity · UK | 2022 |
| Peppy HealthTech · UK | 2023 |
| PerchPeek HR Tech · UK | 2022 |
| Phasecraft Deep Tech · UK | 2023 |
| Quantexa Data & Analytics · UK | 2017 |
| Radnor House School Education · UK | 2010 |
| Runa Fintech · UK | 2020 |
| Solidatus Data & Analytics · UK | 2021 |
| Speechmatics AI/ML · UK | 2019 |
| tem. ClimateTech · UK | 2023 |
| Toqio Fintech · UK | 2022 |
| TransFICC Fintech · UK | 2020 |
| Treefera Data & Analytics · UK | 2024 |
| trumpet Software · UK | 2024 |
| uMed HealthTech · UK | 2020 |
Realized
12 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Accelex Fintech · UK | 2021 | 2025 | Trade Sale | Carta | – |
| Achilles Therapeutics Biotech · UK | 2016 | 2021 | IPO | – | – |
| Black Swan Data Data & Analytics · UK | 2022 | 2025 | Trade Sale | Mintel | – |
| Brytlyt Data & Analytics · UK | 2021 | 2024 | Trade Sale | Opensignal | – |
| Clear Review HR Tech · UK | 2019 | 2020 | Trade Sale | Advanced | – |
| Credit Kudos Fintech · UK | 2020 | 2022 | Trade Sale | Apple | – |
| Egress Cybersecurity · UK | 2014 | 2024 | Trade Sale | KnowBe4 | – |
| Humanloop AI/ML · UK | 2022 | 2025 | Trade Sale | Anthropic | – |
| Odin Vision HealthTech · UK | 2019 | 2022 | Trade Sale | Olympus | – |
| Ophelos Fintech · UK | 2022 | 2023 | Trade Sale | Intrum | – |
| Phrasee AI/ML · UK | 2018 | 2022 | Secondary | Capital D | – |
| Seldon AI/ML · UK | 2020 | 2026 | Trade Sale | TrueFoundry | – |
Albion Technology & General VCTEvergreen2001€344M4 assets3 exitsEvergreen2001 · 25yr€344M43
Unrealized
4 heldRealized
3 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Grapeshot AdTech · UK | 2014 | 2018 | Trade Sale | Oracle | – |
| Locum's Nest HealthTech · UK | 2017 | 2025 | Trade Sale | Aya Healthcare | – |
| Process Systems Enterprise Software · UK | 2007 | 2019 | Trade Sale | Siemens | 10.0x |
About Albion Capital
Albion Capital is one of the UK's longest-running deep-tech venture capital trust managers with approximately £1 billion of assets under management as of December 2024 (six VCTs c.£400 million plus OLIM Investment Managers subsidiary c.£440 million plus institutional funds), headquartered in London. The firm was founded in 1996 as Close Ventures by Patrick Reeve at Close Brothers before spinning out via management buyout in 2009 to form Albion Capital Group LLP. Six VCTs were consolidated into three via mergers effective December 2024 (Albion Technology and General, Albion Crown, Albion Enterprise).
Investment thesis
Albion Capital deploys capital through three merged flagship VCTs plus five institutional vehicles (Albion Frontiers Strategy, AGOL, ACP, ARAF, ACC), targeting a dual approach across VCTs (retail) and Institutional Funds (pre-seed to growth-stage). Sector focus spans deep tech (hardware, computer science, physical sciences), software and SaaS, healthcare (healthtech and life sciences) and infrastructure. Geographic deployment is UK-focused, with the platform anchored by Quantexa as flagship holding and a 100 plus exits track record across the VCT vintages.
Recent activity
Recent realised exits include cybersecurity and software (2024), data analytics partial exit (2025) and healthtech (2025). Recent investments include Kinfolk (HR and agentic AI, February 2026), £11 million VCT top-up raised first day (November 2025) and £90 million oversubscribed deep-tech and healthcare fund close. The platform continues active deployment across the VCT and institutional fund strategies.
Frequently asked questions
- What investment strategy does Albion Capital focus on?
- Albion Capital focuses on VC, Growth strategies in the private equity space.
- How many portfolio companies does Albion Capital have?
- Albion Capital has 42 active portfolio companies and 15 completed exits and 2 funds tracked on GP Intel.
- Where is Albion Capital headquartered?
- Albion Capital is headquartered in London, United Kingdom.
- What is Albion Capital's assets under management?
- Albion Capital manages approximately €1.2B in assets under management.
- When was Albion Capital founded?
- Albion Capital was founded in 1996.
- What sectors does Albion Capital invest in?
- Albion Capital invests across Healthcare, Software, Financials, Energy.
- What are Albion Capital's recent exits?
- Recent realized exits by Albion Capital include: Seldon (2026) to TrueFoundry; Accelex (2025) to Carta; Black Swan Data (2025) to Mintel; Humanloop (2025) to Anthropic; Locum's Nest (2025) to Aya Healthcare; Brytlyt (2024) to Opensignal; Egress (2024) to KnowBe4; Ophelos (2023) to Intrum.
Similar firms
Other private equity firms tracked on GP Intel.