British venture capital firm Celero Ventures has opened its first investment fund, targeting £20m for early-stage European software startups.
The new fund aims to invest in up to 25 companies in the UK and Europe, with an emphasis on AI, data tooling and infrastructure software.
Based in London and Jersey, Celero Ventures was founded by former Databricks executives Dave Wyatt and Nick Cochran, who have personally anchored the firm’s first fund.
“Our goal is to give founders what we wish we’d had earlier in our careers: practical, experienced support from people who’ve built and scaled GTM from the ground up,” said Wyatt.
“We’re raising this fund to support those teams early—when execution, speed, and strategic clarity matter most.”
The firm has already made its first investments via the fund, one of which was in Catio, a startup building AI infrastructure.
“It’s great to see London reinforcing its position once more as a global leader in Tech, with London-based Celero Ventures expanding its investment in startups across the UK and Europe,” commented Howard Dawber, London’s Deputy Mayor of Business and Growth.
“This investment will be a game-changer for start-ups in their early stages, offering both funding and operational support at a critical time. Europe is home to incredible talent in the AI and data infrastructure space, and I look forward to seeing how Celero’s backing transforms companies beginning to make their mark in this industry.”
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