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 a 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.