- What are your investment criteria?
- Which sectors do you invest in?
- How much do you typically invest?
- What do you expect to see in the initial business plan?
- What else can I expect from Octopus in terms of support?
- Where do you invest?
- How soon can I expect a response from you?
- What happens after I’ve submitted an application?
- I have skills that might be helpful for your portfolio – can I get involved?
What are your investment criteria?
We look for the pioneers who dare to reimagine the future of health, the future of money and deep tech.
We have no minimum investment. However, over the last couple of years, the smallest investment we made was £350,000 and the largest was £25 million. Where appropriate, we will start investing at Seed stage with less than £1 million but, typically, our first investment tends to be between £2–5 million for Series A deals (those ventures receiving their first round of financing after Seed capital) and £5–15 million for Series B.
Our evergreen funds also allow us to follow our investment with additional funding rounds as a business grows. Ultimately, we are looking for unusually talented entrepreneurs intent on building big businesses that will positively impact the world.
Which sectors do you invest in?
Our investment team is dedicated to help pioneers in the three areas they will have the most impact: health, money and deep tech.
Future of Health helps the pioneers who are improving lives through digital health, tackling taboo issues and creating essential
software to power health systems.
Future of Money backs the companies that will transform the way we exchange and allocate resources as a society.
Deep Tech focuses on the tools and technologies that will power the next industrial revolution. These include human-computer interface, edge and quantum computing, robotics and synthetic biology.
How much do you typically invest?
We have no minimum investment. However, over the last couple of years, the smallest investment we made was £350,000 and the largest was £25 million. Where appropriate, we will start investing at Seed stage with less than £1 million but, typically, our first investment tends to be between £2–5 million for Series A deals – those ventures receiving their first round of financing after Seed capital – and £5–15 million for Series B. Our intention is to then follow our investments, and continue supporting the entrepreneurs we’ve backed, for years to come.
What do you expect to see in the initial business plan?
A slide deck or executive summary is sufficient in the first instance, as long as you are happy that it gives a reasonable overview of the team, the business model, the competition and the market opportunity.
What else can I expect from Octopus in terms of support?
For the majority of companies we’ll be an active participant on the board. Often the real value comes from the hundreds of interactions that occur outside the board room. Our role as a sounding board and partner can be invaluable during the roller coaster ride of scaling a business.
Our Venture Partners are constantly engaged with a large number of the companies in the portfolio and able to provide deep insight and practical support in sales strategy, hiring, product, leadership, CEO coaching and international expansion.
With an office in New York and Venture Partners in London, San Francisco, Singapore and China we are well placed to help companies scope, test and enter these territories. See our Insights page for more information on these topics.
We have also been fortunate to back nearly 100 talented founders and their teams in recent years and we encourage this group to share and learn from each other’s expertise and experience through our events, e-mail threads and one-to-one connections.
Octopus also provides support in the issues of employment, recruitment, research and development, public relations and lobbying. We know that the needs of each startup are different and that these needs will evolve over time.
Many of us understand first-hand how difficult it is to build a business, so we’ll be there when entrepreneurs need us – and get out of the way when they don’t. We’ve always said that the best test of an investor is whether an entrepreneur wants to work with them again. Octopus has a track record of backing serial entrepreneurs again and again – which includes those referred to us by our portfolio.
Where do you invest?
Our investment team is based in London and we invest throughout Europe with a bias to the UK. We find that proximity works best for everyone at the earlier stages of company building.
How soon can I expect a response from you?
We aim to get back to you with initial feedback within a week.
What happens after I’ve submitted an application?
Following the initial feedback, if we believe there is a good chance that Octopus Ventures will be a relevant investment partner to your business, we are likely to invite you in to our offices, to discuss your business in more detail and to introduce ourselves.
The next step requires one of our team to champion your business and make the case for why we should consider the investment. This is set in a wider context of other businesses seeking funding, the existing portfolio, our views on the market potential, and so on.
I have skills that might be helpful for your portfolio – can I get involved?
We are keen to find the best talent possible to support our portfolio companies. Hundreds of opportunities are live on our job board now.