Updated Nov 5th 2016
Here is a (periodically updated) list of VCs and angel groups who are active (i.e. have actually done deals recently) in the early-stage (<£2M/€2M) space. It’s not exhaustive so if I’ve omitted anyone, please let me know. Also, it doesn’t include government investment bodies such as Enterprise Ireland, InvestNI etc.
Note about definitions: some investors state that they are ‘early stage’ when in reality they will only invest in companies which are generating revenue (from 2015 onwards this is a much more common position). So although I’m using the definitions below, always ask around before committing time with investors:
Super-early = pre-revenue
Early = some revenue
Stage agnostic = both (although probably veering more towards Early)
Later updates have removed investors who are no longer investing at this early stage.
Accel Partners: Stage agnostic, see their portfolio here.
Index Ventures: Stage agnostic, see their portfolio here.
Passion Capital: Early Stage, see their portfolio here.
Delta Partners: Early, see their portfolio here.
Atomico: Stage agnostic, see their portfolio here.
Profounders: Early stage, see their portfolio here.
AIB Seed Capital Fund: Managed by two funds which invest under-€250k and over-€250k, see their portfolio here.
Notion Capital: Early, see their portfolio here
ACT: Early to mid-stage, see their portfolio here.
Bloom Equity: Stage agnostic angel syndicate, see their portfolio here.
Draper Esprit: Early to mid-stage, see their portfolio here.
Halo: Early stage angel syndicate. Portfolio not available.
Connect Ventures: Early to mid-stage, see their portfolio here.
Dawn Capital: Early to mid-stage, see their portfolio here.
SV Angel: Early stage (technically a super-angel fund), normally US-only investments but this seems to be changing recently, see their portfolio here.
Kernel Capital: Early stage, see their portfolio here.
Octopus Ventures: Early to mid-stage, see their portfolio here.
EC1 Capital: Early stage, see their portfolio here
Hoxton Ventures: Early stage, see their portfolio here
Frontline Ventures: Early stage, see their portfolio here
Tribal Ventures: Early stage, see their portfolio here
Passion Capital: Early stage, see their portfolio here
White Star Capital: Early stage, see their portfolio here
Kindred Capital: Super early
Kinetic Capital: Stage agnostic, see their portfolio here
Entrepreneur First: Super early stage (not technically a fund but worth mentioning), see their portfolio here
Nohovation: Early stage, portfolio not available
Lean Investments: Stage agnostic, see their portfolio here
Episode 1: Early stage, see portfolio here
Forward Partners: Stage agnostic, see their portfolio here
Potential: Super early stage, see their portfolio here
Growing Capital: Stage agnostic, see portfolio here